Company Registration No. 11980335 (England and Wales)
Creaxive Limited
Filleted accounts
for the year ended 31 October 2025
Creaxive Limited
Filleted accounts
Contents
Creaxive Limited
Company Information
for the year ended 31 October 2025
Director
Zain Ashraf Lambat
Company Number
11980335 (England and Wales)
Registered Office
63 Tennis Court Drive
Leicester
LE5 1AS
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Creaxive Limited
Statement of financial position
as at 31 October 2025
Tangible assets
1,900
2,730
Cash at bank and in hand
924
961
Creditors: amounts falling due within one year
(65,979)
(51,858)
Net current liabilities
(65,055)
(50,897)
Net liabilities
(63,155)
(48,167)
Called up share capital
1
1
Profit and loss account
(63,156)
(48,168)
Shareholders' funds
(63,155)
(48,167)
For the year ending 31 October 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2026 and were signed on its behalf by
Zain Ashraf Lambat
Director
Company Registration No. 11980335
Creaxive Limited
Notes to the Accounts
for the year ended 31 October 2025
Creaxive Limited is a private company, limited by shares, registered in England and Wales, registration number 11980335. The registered office is 63 Tennis Court Drive, Leicester, LE5 1AS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The financial statements have been prepared on a going concern basis. Although the company’s net assets are negative, the
directors consider it appropriate as the company is expected to meet its liabilities as they fall due.
Creaxive Limited
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2024
4,397
15,475
19,872
At 31 October 2025
4,397
16,641
21,038
At 1 November 2024
3,097
14,045
17,142
Charge for the year
1,099
897
1,996
At 31 October 2025
4,196
14,942
19,138
At 31 October 2025
201
1,699
1,900
At 31 October 2024
1,300
1,430
2,730
5
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
29,581
49,872
Loans from directors
35,415
955
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).