CREATIVE DEBUTS LTD.

Registered Number: 08625450 CREATIVE DEBUTS LTD.
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	4	114,348	120,885
		114,348	120,885
Current assets
Debtors	5	59,798	20,874
Cash at bank and in hand		17,814	27,112
		77,612	47,986
Creditors: amount falling due within one year	6	(56,133)	(198,998)
Net current assets		21,479	(151,012)

Total assets less current liabilities		135,827	(30,127)
Creditors: amount falling due after more than one year	7	(168,000)	(215,000)
Provisions for liabilities	8	30,529	30,529
Net assets		(1,644)	(214,598)

Capital and reserves
Called up share capital		500	500
Profit and loss account		(2,144)	(215,098)
Shareholders' funds		(1,644)	(214,598)

For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 19 September 2026 and were signed by:

-------------------------------
Calum Hall
Director

CREATIVE DEBUTS LTD.
Notes to the Financial Statements
For the year ended 31 December 2025

General Information

CREATIVE DEBUTS LTD. is a private company, limited by shares, registered in England and Wales, registration number 08625450, registration address 167-169 GREAT PORTLAND STREET, 5TH FLOOR LONDON, London, W1W 5PF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Artwork	5% Reducing Balance
Fixtures and Fittings	20% Straight Line
Computer Equipment	25% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 1).

Intangible fixed assets

Cost	Website	Total
	£	£
At 01 January 2025	61,696	61,696
Additions	-	-
Disposals	-	-
At 31 December 2025	61,696	61,696
Amortisation
At 01 January 2025	61,696	61,696
Charge for year	-	-
On disposals	-	-
At 31 December 2025	61,696	61,696
Net book values
At 31 December 2025	-	-
At 31 December 2024	-	-

Tangible fixed assets

Cost or valuation	Artwork	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 January 2025	132,672	5,345	6,123	144,140
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 December 2025	132,672	5,345	6,123	144,140
Depreciation
At 01 January 2025	12,596	4,536	6,123	23,255
Charge for year	6,003	534	-	6,537
On disposals	-	-	-	-
At 31 December 2025	18,599	5,070	6,123	29,792
Net book values
Closing balance as at 31 December 2025	114,073	275	-	114,348
Opening balance as at 01 January 2025	120,076	809	-	120,885

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	54,300	20,874
PAYE & Social Security	5,498	0
	59,798	20,874

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	0	26,698
Other loans - 1-2 years	32,000	0
Amounts Owed to Group Undertakings	0	2,146
Corporation Tax	8,919	0
PAYE & Social Security	0	1,965
Accrued Expenses	0	159,119
Other Creditors	1	0
Wages & Salaries Control Account	0	6,736
Pension Control Account	400	800
VAT	14,813	1,534
	56,133	198,998

Creditors: amount falling due after more than one year

	2025 £	2024 £
Other loans - 2-5 years	50,000	165,000
Other loans - 1-2 years	118,000	50,000
	168,000	215,000

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	(30,529)		(30,529)
	(30,529)		(30,529)

RELATED PARTY DISCLOSURES

LOAN NOTES

As at year-end, loan notes of £200,000 were outstanding, comprising:

Fabrix London Limited (first ranking): £50,000

Fabrix London Limited (equal ranking): £118,000

Directors P Arad and J Burke (equal ranking): £32,000

The notes were restructured during the year with a final repayment deadline of 2029. A cash sweep applies if balances exceed £70,000. Accrued interest of £174,119 was written off during the year.