Scruffy Dog Creative Limited - Filleted accounts

Registered number

11530417

Scruffy Dog Creative Limited

Filleted Accounts

31 March 2025

Scruffy Dog Creative Limited
Independent auditor's report
to the member of Scruffy Dog Creative Limited

Opinion

We have audited the accounts of Scruffy Dog Creative Limited (the 'company') for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and notes to the accounts, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the accounts:
●	give a true and fair view of the state of the company's affairs as at 31 March 2025 and of its profit for the year then ended;
●	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
●	have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the accounts section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC’s Ethical Standard, and the provisions available for small entities, in the circumstances set out below, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In accordance with the exemption provided by FRC's Ethical Standard - Provisions Available for Audits of Small Entities, we have prepared and submitted the company’s returns to the tax authorities and assisted with the preparation of the accounts.

Conclusions relating to going concern
In auditing the accounts, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the accounts is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the accounts are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The other information comprises the information included in the annual report other than the accounts and our auditor’s report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the accounts does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the accounts or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the accounts themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
●	the information given in the directors’ report for the financial year for which the accounts are prepared is consistent with the accounts; and
●	the directors’ report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
●	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
●	the accounts are not in agreement with the accounting records and returns; or
●	certain disclosures of directors’ remuneration specified by law are not made; or
●	we have not received all the information and explanations we require for our audit; or
●	the directors were not entitled to prepare the accounts in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.

Responsibilities of directors
As explained more fully in the directors’ responsibilities statement, the directors are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of accounts that are free from material misstatement, whether due to fraud or error.
In preparing the accounts, the directors are responsible for assessing the company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the accounts
Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these accounts.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: - enquiry of management, those charged with governance and the entity’s solicitors around actual and potential litigation and claims; - enquiry of entity staff in tax and compliance functions to identify any instances of non-compliance with laws and regulations; - reviewing minutes of meetings of those charged with governance; - reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations; - performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Jeffrey Stanley BSc(Econ) FCA
(Senior Statutory Auditor)		Lakeview House
for and on behalf of		4 Woodbrook Crescent
Xeinadin Audit Limited		Billericay
Statutory Auditor		Essex
3 July 2026		CM12 0EQ

Scruffy Dog Creative Limited
Registered number:		11530417
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		-			37,850

Current assets
Debtors	5	485,985			599,479
Cash at bank and in hand		1,092,527			1,664,267
		1,578,512			2,263,746

Creditors: amounts falling due within one year	6	(635,578)			(1,157,642)

Net current assets			942,934			1,106,104

Total assets less current liabilities			942,934			1,143,954

Creditors: amounts falling due after more than one year	7		(54,167)			(104,167)



Net assets			888,767			1,039,787

Capital and reserves
Called up share capital			100			100
Profit and loss account			888,667			1,039,687

Shareholder's funds			888,767			1,039,787

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors and authorised for issue on 3 July 2026 and signed on its behalf by:


J Bright
Director

Scruffy Dog Creative Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings and equipment		20% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Audit information

	Senior statutory auditor:	Jeffrey Stanley BSc(Econ) FCA
	Firm:	Xeinadin Audit Limited
	Date of audit report:	3 July 2026


3	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			5		6


4	Tangible fixed assets
						Plant and machinery etc
£
	Cost
	At 1 April 2024					84,014
	Disposals					(84,014)
	At 31 March 2025					-

	Depreciation
	At 1 April 2024					46,164
	Charge for the year					1,893
	On disposals					(48,057)
	At 31 March 2025					-

	Net book value
	At 31 March 2025					-
	At 31 March 2024					37,850


5	Debtors			2025		2024
£					£

	Trade debtors			81,307		463,811
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			95,587		95,366
	Prepayments			15,273		30,431
	Other debtors			293,818		9,871
				485,985		599,479


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

	Bank loans and overdrafts			50,000		50,000
	Obligations under finance lease and hire purchase contracts			-		3,573
	Trade creditors			312,110		260,054
	Taxation and social security costs			96,834		326,377
	Other creditors			176,634		517,638
				635,578		1,157,642


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

	Bank loans			54,167		104,167


8	Loans			2025		2024
£					£
	Creditors include:

	Secured bank loans			104,167		154,167

	The bank loans are secured by fixed and floating charges over the company.


9	Events after the reporting date

	Subsequent to the year end of 31 March 2025, the shareholders of the Group completed the sale of 100% of the issued share capital of the Company to Journey UK Bidco Limited. The transaction resulted in a change of ownership of the Group. As the sale occurred after the reporting date, the transaction has not been reflected in the recognition or measurement of assets and liabilities included in these financial statements. The directors have considered the requirements of FRS 102 Section 32, Events after the End of the Reporting Period, and concluded that the sale represents a non-adjusting event as it does not provide evidence of conditions that existed at the reporting date. The financial effect of the transaction has not been recognised in these financial statements. The directors consider the disclosure of the transaction to be necessary to enable users of the financial statements to understand its nature and significance.


10	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			31,228		54,145


11	Controlling party

	Scruffy Dog Group Limited Unit E3, OYO Business Park, Park Lane, Birmingham, B35 6AN


12	Other information

	Scruffy Dog Creative Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Studio
	Unit 5
	Bow Enterprise Park
	London
	E3 3TZ