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REGISTERED NUMBER: 03892999 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

CREATIVE IMAGE MANAGEMENT LIMITED

CREATIVE IMAGE MANAGEMENT LIMITED (REGISTERED NUMBER: 03892999)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Balance Sheet 1

Notes to the Financial Statements 3


CREATIVE IMAGE MANAGEMENT LIMITED (REGISTERED NUMBER: 03892999)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 587,502 629,395

CURRENT ASSETS
Stocks 5,015 4,655
Debtors 5 591,098 624,737
Cash at bank 193,901 152,638
790,014 782,030
CREDITORS
Amounts falling due within one year 6 427,429 392,785
NET CURRENT ASSETS 362,585 389,245
TOTAL ASSETS LESS CURRENT
LIABILITIES

950,087

1,018,640

CREDITORS
Amounts falling due after more than one year 7 (174,633 ) (222,936 )

PROVISIONS FOR LIABILITIES (125,282 ) (136,674 )
NET ASSETS 650,172 659,030

CAPITAL AND RESERVES
Called up share capital 9 50 50
Capital redemption reserve 50 50
Retained earnings 650,072 658,930
SHAREHOLDERS' FUNDS 650,172 659,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

CREATIVE IMAGE MANAGEMENT LIMITED (REGISTERED NUMBER: 03892999)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 director and authorised for issue on 28 July 2025 and were signed by:





Mr M A Baker - Director


CREATIVE IMAGE MANAGEMENT LIMITED (REGISTERED NUMBER: 03892999)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Creative Image Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03892999

Registered office: 9 Mackintosh Road
Rackheath Industrial Estate
Rackheath
Norwich
Norfolk
NR13 6LJ

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 15% on reducing balance and at variable rates on reducing balance

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 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.

CREATIVE IMAGE MANAGEMENT LIMITED (REGISTERED NUMBER: 03892999)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

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.

Grants
Grants which are to acquire tangible fixed assets are credited to deferred grants and released to the profit and loss account over the estimated useful lives of the relevant assets.

3. EMPLOYEES

The average number of employees during the year was 26 (2024 - 24 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 1,276,845
Additions 92,692
Disposals (126,700 )
At 28 February 2025 1,242,837
DEPRECIATION
At 1 March 2024 647,450
Charge for year 124,249
Eliminated on disposal (116,364 )
At 28 February 2025 655,335
NET BOOK VALUE
At 28 February 2025 587,502
At 29 February 2024 629,395

CREATIVE IMAGE MANAGEMENT LIMITED (REGISTERED NUMBER: 03892999)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 March 2024 438,500
Additions 60,633
At 28 February 2025 499,133
DEPRECIATION
At 1 March 2024 100,837
Charge for year 70,929
At 28 February 2025 171,766
NET BOOK VALUE
At 28 February 2025 327,367
At 29 February 2024 337,663

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 293,400 208,456
Amounts owed by group undertakings 294,517 414,517
Other debtors 3,181 1,764
591,098 624,737

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 39,208 46,478
Hire purchase contracts 68,010 48,903
Trade creditors 171,888 145,251
Taxation and social security 84,576 75,344
Other creditors 63,747 76,809
427,429 392,785

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 9,090 49,035
Hire purchase contracts 165,543 173,901
174,633 222,936

CREATIVE IMAGE MANAGEMENT LIMITED (REGISTERED NUMBER: 03892999)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 48,298 95,513
Hire purchase contracts 233,553 222,804
281,851 318,317

The bank loan is secured by a first legal charge over the freehold property.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Nominal 2023 2022
Number: Class: value: £ £

50 Ordinary A £1 50 50
50 50

10. OTHER FINANCIAL COMMITMENTS

The total amount of commitments, guarantees and contingencies is £252,371 (2024 - £88,320).