REGISTERED NUMBER: 14220635 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2024 TO 31 OCTOBER 2025

FOR

THE SOCIAL ART AGENCY LTD

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

4,969

3,210

Investments

5

6,873

6,873

11,842

10,083

CURRENT ASSETS

Debtors

6

25,680

8,406

Cash at bank

-

1,272

25,680

9,678

CREDITORS

Amounts falling due within one year

7

37,124

19,073

NET CURRENT LIABILITIES

(11,444

)

(9,395

)

TOTAL ASSETS LESS CURRENT LIABILITIES

398

688

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

397

687

398

688

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2026 and were signed by:

C E Bowes - Director

1.	STATUTORY INFORMATION

The Social Art Agency Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14220635

Registered office:

15 West Street

Brighton

East Sussex

BN1 2RL

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The financial statements have been prepared on a going concern basis, not withstanding the company's net liabilities, as the director of the company confirms she will provide support as necessary and intends to ensure there is adequate working capital for at least 12 months from the date of approval of these accounts. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the provision of management consulting services including social services and is recognised upon completion of performance obligations.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

20% straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

Taxation for the period comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 August 2024

4,237

Additions

3,051

At 31 October 2025

7,288

DEPRECIATION

At 1 August 2024

1,027

Charge for period

1,292

At 31 October 2025

2,319

NET BOOK VALUE

At 31 October 2025

4,969

At 31 July 2024

3,210

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 August 2024

and 31 October 2025

6,873

NET BOOK VALUE

At 31 October 2025

6,873

At 31 July 2024

6,873

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,605

-

Other debtors

12,075

8,406

25,680

8,406

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,717

-

Trade creditors

4,650

1,776

Taxation and social security

11,827

11,393

Other creditors

10,930

5,904

37,124

19,073

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 October 2025 and the year ended 31 July 2024:

2025

2024

£

£

C E Bowes

Balance outstanding at start of period

6,285

(753

)

Amounts advanced

36,573

28,350

Amounts repaid

(33,830

)

(21,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

9,028

6,285

The maximum balance outstanding during the year was £13,298. At the balance sheet date the outstanding balance was £9,028 and interest is charged between 2.25% and 3.75% when the loan balance exceeds £10,000.