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REGISTERED NUMBER: 13068288 (England and Wales)




























Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Creative Implant Solutions Limited

Creative Implant Solutions Limited (Registered number: 13068288)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Creative Implant Solutions Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: G L Jones
Mrs G P Jones



REGISTERED OFFICE: Suite A9
Deakins Business Park
Blackburn Road
Bolton
Lancashire
BL7 9RP



REGISTERED NUMBER: 13068288 (England and Wales)



ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY



BANKERS: NatWest Bank
St Helens Branch
5 Ormskirk Street
St Helens
WA10 1DR

Creative Implant Solutions Limited (Registered number: 13068288)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,482 69,782

CURRENT ASSETS
Stocks 33,488 46,310
Debtors 5 258,075 229,169
Cash at bank and in hand 134,692 314,501
426,255 589,980
CREDITORS
Amounts falling due within one year 6 34,932 35,529
NET CURRENT ASSETS 391,323 554,451
TOTAL ASSETS LESS CURRENT
LIABILITIES

474,805

624,233

PROVISIONS FOR LIABILITIES 7 13,616 9,728
NET ASSETS 461,189 614,505

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 461,187 614,503
SHAREHOLDERS' FUNDS 461,189 614,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Implant Solutions Limited (Registered number: 13068288)

Balance Sheet - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





G L Jones - Director


Creative Implant Solutions Limited (Registered number: 13068288)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Creative Implant Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Creative Implant Solutions Limited (Registered number: 13068288)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

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 10 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 58,608 24,131 33,555 3,428 119,722
Additions 33,684 - - - 33,684
At 31 December 2024 92,292 24,131 33,555 3,428 153,406
DEPRECIATION
At 1 January 2024 26,454 11,004 9,422 3,060 49,940
Charge for year 10,958 2,625 6,033 368 19,984
At 31 December 2024 37,412 13,629 15,455 3,428 69,924
NET BOOK VALUE
At 31 December 2024 54,880 10,502 18,100 - 83,482
At 31 December 2023 32,154 13,127 24,133 368 69,782

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 81,868 66,446
Other debtors 3,723 2,794
Directors' current accounts 127,615 118,164
Tax 41,826 38,166
Prepayments 3,043 3,599
258,075 229,169

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,866 15,237
Tax 3,648 5,523
Social security and other taxes 7,286 7,774
Pension fund 1,295 -
Other creditors 5,639 1,018
Directors' current accounts 1,359 1,359
Accrued expenses 3,839 4,618
34,932 35,529

Creative Implant Solutions Limited (Registered number: 13068288)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 13,616 9,728

Deferred
tax
£   
Balance at 1 January 2024 9,728
Provided during year 3,888
Balance at 31 December 2024 13,616

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 January 2024 614,503
Deficit for the year (153,316 )
At 31 December 2024 461,187

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
G L Jones
Balance outstanding at start of year 116,805 100,442
Amounts advanced 10,810 16,363
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 127,615 116,805