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REGISTERED NUMBER: 09422363 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

CMA CREATIVE SOLUTIONS LIMITED

CMA CREATIVE SOLUTIONS LIMITED (REGISTERED NUMBER: 09422363)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CMA CREATIVE SOLUTIONS LIMITED

Company Information
for the year ended 30 April 2024







DIRECTOR: L T Downs





REGISTERED OFFICE: 1 Birch Road
Witton
Birmingham
B6 7DD





REGISTERED NUMBER: 09422363 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

CMA CREATIVE SOLUTIONS LIMITED (REGISTERED NUMBER: 09422363)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 11,920 17,596

CURRENT ASSETS
Stocks 24,020 23,550
Debtors 5 45,049 91,384
Cash in hand 100 100
69,169 115,034
CREDITORS
Amounts falling due within one year 6 (196,725 ) (244,414 )
NET CURRENT LIABILITIES (127,556 ) (129,380 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(115,636

)

(111,784

)

CREDITORS
Amounts falling due after more than one
year

7

(11,369

)

(21,594

)
NET LIABILITIES (127,005 ) (133,378 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (127,105 ) (133,478 )
SHAREHOLDERS' FUNDS (127,005 ) (133,378 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CMA CREATIVE SOLUTIONS LIMITED (REGISTERED NUMBER: 09422363)

Balance Sheet - continued
30 April 2024


The 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.

The financial statements were approved by the director and authorised for issue on 23 January 2025 and were signed by:





L T Downs - Director


CMA CREATIVE SOLUTIONS LIMITED (REGISTERED NUMBER: 09422363)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

CMA Creative Solutions Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office address and business address can be found on the Company Information page.
The presentational currency of the financial statements is the Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts.

Revenue from the sale of goods is recognised at the point of sale.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery-over 10 years on a straight line
Fixtures and fittings-25% on cost
Computer equipment-20% on reducing balance


Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.


CMA CREATIVE SOLUTIONS LIMITED (REGISTERED NUMBER: 09422363)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors have agreed to support the company as necessary in the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Government assistance
Included in bank loans is a bounce back loan which is guaranteed by the government. As part of the bounce back loan scheme the government is paying the first year of interest on the loan.

Government grants
Grants receivable under the government's Job Retention Scheme are recognised as other operating income in the profit and loss account when there is a reasonable assurance that the entity will comply with the conditions attached to the grant and that the grant will be received. Grant income relating to the Job Retention Scheme will be recognised systematically in the period to which the underlying furloughed staff costs relate to and when the payroll liability has been incurred by the entity. The income is taxable and amounts not received by the reporting date are included in other debtors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

CMA CREATIVE SOLUTIONS LIMITED (REGISTERED NUMBER: 09422363)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 32,916 11,676 842 45,434
DEPRECIATION
At 1 May 2023 17,989 9,363 486 27,838
Charge for year 3,292 2,313 71 5,676
At 30 April 2024 21,281 11,676 557 33,514
NET BOOK VALUE
At 30 April 2024 11,635 - 285 11,920
At 30 April 2023 14,927 2,313 356 17,596

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 33,481 28,918
Other debtors 11,568 62,466
45,049 91,384

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 49,444 49,843
Trade creditors 32,079 40,073
Taxation and social security 14,492 43,304
Other creditors 100,710 111,194
196,725 244,414

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,369 21,594

CMA CREATIVE SOLUTIONS LIMITED (REGISTERED NUMBER: 09422363)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 45,000 45,000
Between one and five years 180,000 180,000
In more than five years 176,250 266,250
401,250 491,250

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100