| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2026 |
| FOR |
| CREATIVE ADVANCES LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2026 |
| FOR |
| CREATIVE ADVANCES LIMITED |
| CREATIVE ADVANCES LIMITED (REGISTERED NUMBER: 01779889) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CREATIVE ADVANCES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 APRIL 2026 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Appledram Barns |
| Birdham Road |
| Chichester |
| West Sussex |
| PO20 7EQ |
| CREATIVE ADVANCES LIMITED (REGISTERED NUMBER: 01779889) |
| BALANCE SHEET |
| 30 APRIL 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Prepayments and accrued income |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 7 | ( |
) | ( |
) |
| ACCRUALS AND DEFERRED INCOME | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Non distributable reserves |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| CREATIVE ADVANCES LIMITED (REGISTERED NUMBER: 01779889) |
| BALANCE SHEET - continued |
| 30 APRIL 2026 |
| The financial statements were approved by the director and authorised for issue on |
| CREATIVE ADVANCES LIMITED (REGISTERED NUMBER: 01779889) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 APRIL 2026 |
| 1. | STATUTORY INFORMATION |
| Creative Advances Limited is a |
| The presentational currency of the financial statements is the Pound Sterling (£) which is rounded to the nearest pound (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| The turnover shown in the profit and loss account represents amounts receivable for services provided for learning disability day services during the year in the normal course of business, net of trade discounts, VAT and other sales related taxes. |
| Tangible fixed assets |
| Tangible fixed assets are measured at cost less accumulated depreciation and impairment. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: |
| Freehold property | - | not provided |
| Plant and Machinery | - | at variable rates on reducing balance |
| Equipment | - | 20% on reducing balance |
| Motor Vehicles | - | 25% on reducing balance |
| 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, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. |
| The freehold property is held at fair value with any revaluations taken to the non distributable reserves in the year in which they relate.The property was previously included in the accounts at its original cost but was revalued on 22 June 2024. No depreciation has been charged on the property this year as the director believes the residual value is at least equal to cost. |
| Financial instruments |
| Financial instruments are classified by the director as basic or advanced, following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method, unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| CREATIVE ADVANCES LIMITED (REGISTERED NUMBER: 01779889) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Employee benefits |
| The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and | Motor |
| property | machinery | Equipment | vehicles | Totals |
| £ | £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 May 2025 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 April 2026 |
| DEPRECIATION |
| At 1 May 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 April 2026 |
| NET BOOK VALUE |
| At 30 April 2026 |
| At 30 April 2025 |
| The director has reviewed the carrying value of the property at April 2026 and, having considered market conditions and available evidence, is satisfied that there has been no material change in value since the date of the most recent valuation. Accordingly, the June 2024 valuation has been used in these financial statements, and the carrying value is considered to represent a reasonable estimate of fair value at the balance sheet date. |
| CREATIVE ADVANCES LIMITED (REGISTERED NUMBER: 01779889) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2026 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Cost or valuation at 30 April 2026 is represented by: |
| Freehold | Plant and | Motor |
| property | machinery | Equipment | vehicles | Totals |
| £ | £ | £ | £ | £ |
| Valuation in 2017 | 110,916 | - | - | - | 110,916 |
| Valuation in 2025 | 50,000 | - | - | - | 50,000 |
| Cost | 239,084 | 2,997 | 80,294 | 121,798 | 444,173 |
| 400,000 | 2,997 | 80,294 | 121,798 | 605,089 |
| If the freehold property had not been revalued it would have been included at the following historical cost: |
| 2026 | 2025 |
| £ | £ |
| Cost | 110,916 | 110,916 |
| The freehold property was valued on an open market basis on 22 June 2024 by Jeffries & Dibbens Estate Agents . |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade creditors |
| Corporation Tax |
| Social security and other taxes |
| VAT | 65,855 | 54,323 |
| Directors' current accounts | 56 | 488 |
| 7. | PROVISIONS FOR LIABILITIES |
| 2026 | 2025 |
| £ | £ |
| Deferred tax | 55,568 | 42,900 |
| Deferred tax |
| £ |
| Balance at 1 May 2025 |
| Provided during year |
| Balance at 30 April 2026 |
| CREATIVE ADVANCES LIMITED (REGISTERED NUMBER: 01779889) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 APRIL 2026 |
| 8. | OTHER FINANCIAL COMMITMENTS |
| At 30 April 2026, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £4,021 (2025 - £4,021). |