London Creative Limited Accounts






London Creative Limited

	Company No. 12167955
		Information for Filing with The Registrar
		31 August 2025

The Director presents his report and the accounts for the year ended 31 August 2025.

Principal activities
The principal activity of the company during the year under review was film production services.




Director

The Director who served at any time during the year was as follows:

G. Monaco









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

G. Monaco
Director
30 May 2026

at	31 August 2025
Company No.		12167955	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	11,858	13,090


				11,858	13,090
Current assets

	Debtors		6	-	9,000

	Cash at bank and in hand			141,483	111,546
				141,483	120,546
Creditors: Amount falling due within one year			7	(44,547)	(37,422)
Net current assets				96,936	83,124
Total assets less current liabilities				108,794	96,214

Provisions for liabilities
	Deferred taxation		8	(1,843)	(2,303)

Net assets				106,951	93,911

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		10	106,851	93,811

Total equity				106,951	93,911



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 30 May 2026 and signed on its behalf by:
G. Monaco
Director
30 May 2026

for the year ended 31 August 2025

General information

London Creative Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12167955

Its registered office is:

93 Grangehill Road

London

SE9 1SF

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover represents the fair value of consideration receivable for goods supplied and services provided in the ordinary course of the company's activities, net of value added tax, trade discounts and rebates.

Revenue from the provision of services is recognised in the accounting period in which the services are rendered. Where a contract extends over more than one accounting period, revenue is recognised by reference to the stage of completion of the contract activity at the reporting date, when the outcome of the contract can be estimated reliably. The stage of completion is determined by reference to the proportion of services performed to date as a percentage of the total services to be performed.

Where the outcome of a service contract cannot be estimated reliably, revenue is recognised only to the extent of recoverable expenses incurred.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

33.3% Straight line

Furniture, fittings and equipment

10.0% Straight line

Leased assets

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the Company. All other leases are classified as operating leases.

Finance leases
Assets held under finance leases are recognised as tangible fixed assets and are initially measured at the lower of the fair value of the leased asset and the present value of the minimum lease payments determined at the inception of the lease. The corresponding liability to the lessor is included in creditors.

Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding liability using the effective interest method so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Assets held under finance leases are depreciated over the shorter of the lease term and their useful economic lives unless it is reasonably certain that ownership will transfer to the Company at the end of the lease term, in which case the asset is depreciated over its useful economic life. Depreciation is charged to profit or loss in accordance with the Company's depreciation policy for assets of the same class.

Operating leases
Rentals payable under operating leases are charged to profit or loss on a straight-line basis over the lease term unless another systematic basis is more representative of the pattern of benefit derived from the leased asset. Lease incentives are recognised as an integral part of the total lease expense over the lease term.

Contingent rentals are recognised as an expense in the periods in which they are incurred.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	1

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	11,175	4,289

		Total corporation tax	11,175	4,289

		Origination and reversal of timing differences	(460)	(1,768)

		Total deferred tax	(460)	(1,768)

		Tax on profit on ordinary activities	10,715	2,521

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2025	2024
		-2766	£	£
		Profit on ordinary activities before tax	53,925	23,060

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	13,481	5,765
		Expenses not deductible for tax purposes	(2,766)	(3,244)




		Tax on profit on ordinary activities	10,715	2,521

5	Tangible fixed assets
			Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 September 2024	29,488	11,226	40,714
		Additions	4,133	-	4,133



		At 31 August 2025	33,621	11,226	44,847
		Depreciation
		At 1 September 2024	21,632	5,992	27,624
		Charge for the year	4,613	752	5,365



		At 31 August 2025	26,245	6,744	32,989
		Net book values
		At 31 August 2025	7,376	4,482	11,858
		At 31 August 2024	7,856	5,234	13,090

6	Debtors
			2025	2024
			£	£
		Trade debtors	-	9,000







			-	9,000

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£






		Taxes and social security	15,052	5,251
		Loans from directors	28,158	30,946

		Accruals and deferred income	1,337	1,225
			44,547	37,422

8	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£
		At 1 September 2024	2,303	2,303
		Charge to the profit and loss account for the period	(460)	(460)

		At 31 August 2025	1,843	1,843


			2025	2024
			£	£
		Accelerated capital allowances	823	1,243


		Other timing differences	1,020	1,060
			1,843	2,303

Share Capital

Ordinary shares

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

11	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	30,170	31,700

			30,170	31,700

		Dividends by type:

		Equity dividends	30,170	31,700
			30,170	31,700