Plan: Be Creative LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: OC443550

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		644		896

			644		896
CURRENT ASSETS
Stocks	5	1,800		-
Debtors	6	1,761		2,362
Cash at bank and in hand		4,987		3,290

		8,548		5,652
Creditors: Amounts Falling Due Within One Year	7	(1,140 )		(1,081 )

NET CURRENT ASSETS (LIABILITIES)			7,408		4,571

TOTAL ASSETS LESS CURRENT LIABILITIES			8,052		5,467

NET ASSETS ATTRIBUTABLE TO MEMBERS			8,052		5,467

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		8,052		5,467

			8,052		5,467

			8,052		5,467

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			8,052		5,467

			8,052		5,467

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Plan: Be Creative LLP

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Ms K Mann Partner	Mrs E Petrykow Partner
19/08/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Plan: Be Creative LLP is a limited liability partnership, incorporated in England & Wales, registered number OC443550 . The Registered Office is 12 Shepherds Close, Ringmer, East Sussex, BN8 5LU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP. Monetary

amounts in these financial statements are rounded to the nearest £

2.2. Going Concern Disclosure

The members have not identified any material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern.

2.3. Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the

revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or

receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must

also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in

accordance with the stage of completion of the contract when all of the following conditions are satisfied:

The amount of revenue can be measured reliably;
It is probable that the LLP will receive the consideration due under the contract;
The stage of completion of the contract at the end of the reporting period can be measured reliably; and
The costs incurred and the costs to complete the contract can be measured reliably.

2.4. 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:

Fixtures & Fittings	5 Years Straight Line
Computer Equipment	3 Years Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale

proceeds and the carrying value of the asset, and is credited or charged to profit or loss

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Plan: Be Creative LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Stocks and Work in Progress

Work in progress comprises unbilled amounts for client work, measured at fair value less provisions for

forseeable losses.

2.6. Financial Instruments

The LLP only enters into basic financial instrument transactions that result in the recognition of financial

assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and

investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other

accounts receivable and payable, are initially measured at present value of the future cash flows and

subsequently at amortised cost using the effective interest method. Debt instruments that are payable or

receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at

the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the

arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt

deferred beyond normal business terms or in the case of an out-right short-term loan that is not at market

rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted

at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it

qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary

loan.

Financial assets that measured at cost and amortised cost are assessed at the end of each reporting period

for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is

recognised in the Statement of comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between

an assets carting amount and the present value of estimated cash flows discounted at the asset’s original

effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any

impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference

between an asset’s varying amount and best estimate of the recoverable amount, which is an approximation

of the amount that the LLP would receive for the asset if it were to be sold at the balance sheet date.

2.7. Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A

division may be automatic or discretionary, may relate to some or all of the profits for a financial period and

may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a

division of an amount of profits based on the members’ agreement in force at the time, whereas a

discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right

to avoid making.

The LLP divides profits automatically. Automatic division of profits are recognised as ‘Members’

remuneration charged as an expense’.

2.8. Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivables are measured

initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the

effective interest method, less any impairment.

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Plan: Be Creative LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.9. Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans,

are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised

cost using the effective interest method.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2025: 1)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	1,260	1,789	3,049

As at 31 March 2026	1,260	1,789	3,049

Depreciation
As at 1 April 2025	364	1,789	2,153
Provided during the period	252	-	252

As at 31 March 2026	616	1,789	2,405

Net Book Value
As at 31 March 2026	644	-	644

As at 1 April 2025	896	-	896

5. Stocks

	2026	2025
	£	£
Work in progress	1,800	-

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	640
Other debtors	1,761	1,722

	1,761	2,362

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Plan: Be Creative LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	1,140	1,081

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