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REGISTERED NUMBER: SC108967 (Scotland)



















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

CREATIVE DESIGNS (AYR) LIMITED

CREATIVE DESIGNS (AYR) LIMITED (REGISTERED NUMBER: SC108967)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

CREATIVE DESIGNS (AYR) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: T N Coughtrie
Mrs J L Coughtrie
D Coughtrie
Mrs L Brown
A Coughtrie
Mrs L Cameron





SECRETARY: T N Coughtrie





REGISTERED OFFICE: 37 Portland Road
Kilmarnock
Ayrshire
KA1 2DJ





REGISTERED NUMBER: SC108967 (Scotland)





ACCOUNTANTS: Gilmour Hamilton
Chartered Accountants
37 Portland Road
KILMARNOCK
Ayrshire
KA1 2DJ

CREATIVE DESIGNS (AYR) LIMITED (REGISTERED NUMBER: SC108967)

ABRIDGED BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 260,008 258,061
Investments 5 100 100
Investment property 6 413,064 374,666
673,172 632,827

CURRENT ASSETS
Stocks 387,298 330,823
Debtors 1,794,534 1,735,585
Cash at bank and in hand 2,273,948 1,621,879
4,455,780 3,688,287
CREDITORS
Amounts falling due within one year 554,245 617,596
NET CURRENT ASSETS 3,901,535 3,070,691
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,574,707

3,703,518

PROVISIONS FOR LIABILITIES 43,721 39,793
NET ASSETS 4,530,986 3,663,725

CAPITAL AND RESERVES
Called up share capital 7 20,000 20,000
Retained earnings 4,510,986 3,643,725
SHAREHOLDERS' FUNDS 4,530,986 3,663,725

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CREATIVE DESIGNS (AYR) LIMITED (REGISTERED NUMBER: SC108967)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:





T N Coughtrie - Director


CREATIVE DESIGNS (AYR) LIMITED (REGISTERED NUMBER: SC108967)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Creative Designs (Ayr) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The company conducts its business from Apex House, 1 Carrick Road, Ayr, Ayrshire, KA7 2RA.

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.

The financial statements are presented in pounds sterling which is the functional currency of the company, rounded to the nearest pound.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Fixtures and fittings - 33.33% on cost and 20% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

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.


CREATIVE DESIGNS (AYR) LIMITED (REGISTERED NUMBER: SC108967)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 25 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2024 588,008
Additions 79,535
Disposals (44,369 )
At 31 January 2025 623,174
DEPRECIATION
At 1 February 2024 329,947
Charge for year 69,381
Eliminated on disposal (36,162 )
At 31 January 2025 363,166
NET BOOK VALUE
At 31 January 2025 260,008
At 31 January 2024 258,061

5. FIXED ASSET INVESTMENTS


2022 2021
£    £   

Creative Designs Kitchens Limited 20 20
Creative Designs Contracts Limited 80 80
100 100

CREATIVE DESIGNS (AYR) LIMITED (REGISTERED NUMBER: SC108967)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 374,666
Additions 38,398
At 31 January 2025 413,064
NET BOOK VALUE
At 31 January 2025 413,064
At 31 January 2024 374,666

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
20,000 Ordinary 1 20,000 20,000

8. CONTROLLING PARTY

The controlling party is Coughtrie Holdings Limited.

The directors of the parent company are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CREATIVE DESIGNS (AYR) LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Creative Designs (Ayr) Limited for the year ended 31 January 2025 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Creative Designs (Ayr) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Creative Designs (Ayr) Limited and state those matters that we have agreed to state to the Board of Directors of Creative Designs (Ayr) Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Creative Designs (Ayr) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Creative Designs (Ayr) Limited. You consider that Creative Designs (Ayr) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Creative Designs (Ayr) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Gilmour Hamilton
Chartered Accountants
37 Portland Road
KILMARNOCK
Ayrshire
KA1 2DJ


21 March 2025