General Information
Bunker Creative Limited is a private company, limited by shares, registered in England and Wales, registration number 09399846, registration address G01 - Blackfriars Foundry, 154-156 Blackfriars Road, London, SE1 8EN.
The presentation currency is £ sterling.
| 1. |
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)
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
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.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
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:
| Fixtures and Fittings |
33% Straight Line
|
| Computer Equipment |
33% 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 period was 5 (2025 : 8). |
| 3. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 April 2025 |
9,868 |
|
24,546 |
|
34,414 |
| Additions |
2,355 |
|
1,637 |
|
3,992 |
| Disposals |
- |
|
- |
|
- |
| At 31 March 2026 |
12,223 |
|
26,183 |
|
38,406 |
| Depreciation |
| At 01 April 2025 |
6,487 |
|
21,758 |
|
28,245 |
| Charge for year |
2,843 |
|
1,819 |
|
4,662 |
| On disposals |
- |
|
- |
|
- |
| At 31 March 2026 |
9,330 |
|
23,577 |
|
32,907 |
| Net book values |
| Closing balance as at 31 March 2026 |
2,893 |
|
2,606 |
|
5,499 |
| Opening balance as at 01 April 2025 |
3,381 |
|
2,788 |
|
6,169 |
|
| 4. |
Debtors: amounts falling due within one year
|
2026
£ |
|
2025
£ |
| Trade Debtors |
145,821 |
|
77,067 |
| Prepayments & Accrued Income |
1,087 |
|
1,074 |
| Other Debtors |
796 |
|
(754) |
| Directors' Current Accounts- Lawrence |
10,546 |
|
2,088 |
|
158,250 |
|
79,475 |
|
| 5. |
Creditors: amount falling due within one year
|
2026
£ |
|
2025
£ |
| Trade Creditors |
1,980 |
|
1,323 |
| Corporation Tax |
60,251 |
|
55,742 |
| PAYE & Social Security |
3,877 |
|
1,582 |
| Other Creditors |
(2) |
|
1 |
| Wages & Salaries Control Account |
7,096 |
|
0 |
| Pension Control Account |
363 |
|
34 |
| Directors Loan Account - Adam |
3,127 |
|
3,235 |
| VAT |
26,697 |
|
12,731 |
|
103,389 |
|
74,648 |
|
| 6. |
Provisions for liabilities
|
2026
£ |
|
2025
£ |
| Deferred Tax |
1,375 |
|
1,542 |
|
1,375 |
|
1,542 |
|
| 7. |
Related party transactions
During the year, the company entered into transactions with its directors in the normal course of business.
At 31 March 2026, the following balances were outstanding:
Amount due from Lawrence Hansford of £10,546 (2025: £2,088), included within debtors.
Amount due to Adam Roberts of £3,127 (2025: £3,235), included within creditors falling due within one year.
The balances are unsecured, interest-free and repayable on demand.
|
| 8. |
Ultimate Controlling Party
The company's ultimate controlling party is Lawrence Hansford by virtue of his ownership of 78% of the issued share capital in the company.
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3
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