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Registered number: 13171909
Culture15 Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Blue-Shore Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13171909
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 98,753 167,276
Tangible Assets 5 1,201 2,112
99,954 169,388
CURRENT ASSETS
Debtors 6 4,682 9,040
Cash at bank and in hand 8,228 16,346
12,910 25,386
Creditors: Amounts Falling Due Within One Year 7 (233,318 ) (186,097 )
NET CURRENT ASSETS (LIABILITIES) (220,408 ) (160,711 )
TOTAL ASSETS LESS CURRENT LIABILITIES (120,454 ) 8,677
Creditors: Amounts Falling Due After More Than One Year 8 - (180,000 )
NET LIABILITIES (120,454 ) (171,323 )
CAPITAL AND RESERVES
Called up share capital 9 125 120
Share premium account 967,963 760,968
Profit and Loss Account (1,088,542 ) (932,411 )
SHAREHOLDERS' FUNDS (120,454) (171,323)
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
C E Coode
Director
21/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Culture15 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13171909 . The registered office is The Foundry, 156 Blackfriars Road, London, SE1 8EN.
The presentation currency of the financial statements is the Pound Sterling (£). 
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible asset is Culture15 platform. It is amortised to profit and loss account over its estimated economic life of five years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 10% straight line
Computer Equipment 25% straight line
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 7)
5 7
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4. Intangible Assets
Other Intangible Assets
£
Cost
As at 1 January 2025 342,614
As at 31 December 2025 342,614
Amortisation
As at 1 January 2025 175,338
Provided during the period 68,523
As at 31 December 2025 243,861
Net Book Value
As at 31 December 2025 98,753
As at 1 January 2025 167,276
5. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 January 2025 5,601
As at 31 December 2025 5,601
Depreciation
As at 1 January 2025 3,489
Provided during the period 911
As at 31 December 2025 4,400
Net Book Value
As at 31 December 2025 1,201
As at 1 January 2025 2,112
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 4,682 9,040
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,098 12,223
Amounts owed to participating interests 35,000 -
Other creditors 193,897 156,176
Taxation and social security 323 17,698
233,318 186,097
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Amounts owed to participating interests - 180,000
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 125 120
10. Related Party Transactions
Unless otherwise disclosed, all related party transactions have been conducted under normal market conditions.
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