NorthStar Creative Design & Advertising LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC305530

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		6,000		6,000
Tangible Assets	5		10,160		11,018

			16,160		17,018
CURRENT ASSETS
Debtors	6	3,494		5,864
Cash at bank and in hand		17,184		13,978

		20,678		19,842
Creditors: Amounts Falling Due Within One Year	7	(55,675 )		(52,105 )

NET CURRENT ASSETS (LIABILITIES)			(34,997 )		(32,263 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(18,837 )		(15,245 )

Creditors: Amounts Falling Due After More Than One Year	8		(7,044 )		(11,063 )

NET LIABILITIES ATTRIBUTABLE TO MEMBERS			(25,881 )		(26,308 )

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		180,308		180,308

			180,308		180,308

Equity
Members' other interests
Members' capital		(214,233)		(184,343)
Other reserves		8,044		(22,273)

			(206,189)		(206,616)

			(25,881)		(26,308)

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			180,308		180,308
Members' other interests			(206,189)		(206,616)

			(25,881)		(26,308)

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NorthStar Creative Design & Advertising LLP

Balance Sheet (continued)

As At 22 December 2025

For the year ending 22 December 2025 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

Mr Gerard Lamle

Partner

21/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

NorthStar Creative Design & Advertising LLP is a limited liability partnership, incorporated in England & Wales, registered number OC305530 . The Registered Office is C/O Positive Practice Accountants, 1 Primet Hill, Colne, Lancashire, BB8 9NF.

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 May 2024 (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.

2.2. 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.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

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:

Leasehold	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33% Straight Line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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NorthStar Creative Design & Advertising LLP

Notes to the Financial Statements (continued)

For The Year Ended 22 December 2025

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was:

	2025	2024
Office and administration	2	2

	2	2

4. Intangible Assets

	Goodwill
	£
Cost
As at 23 December 2024	6,000

As at 22 December 2025	6,000

Net Book Value
As at 22 December 2025	6,000

As at 23 December 2024	6,000

5. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 23 December 2024	7,540	9,667	28,250	10,238	55,695
Additions	-	-	-	3,781	3,781

As at 22 December 2025	7,540	9,667	28,250	14,019	59,476

Depreciation
As at 23 December 2024	7,540	2,417	26,982	7,738	44,677
Provided during the period	-	1,812	317	2,510	4,639

As at 22 December 2025	7,540	4,229	27,299	10,248	49,316

Net Book Value
As at 22 December 2025	-	5,438	951	3,771	10,160

As at 23 December 2024	-	7,250	1,268	2,500	11,018

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	(6,992 )	(7,940 )
Other debtors	8	8
VAT	10,478	13,796

	3,494	5,864

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NorthStar Creative Design & Advertising LLP

Notes to the Financial Statements (continued)

For The Year Ended 22 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	33,827	30,157
Bank loans and overdrafts	15,285	15,385
Other taxes and social security	6,563	6,563

	55,675	52,105

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	7,044	11,063

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	9,434	13,453
Less: Finance charges allocated to future periods	2,390	2,390

	7,044	11,063

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