REGISTERED NUMBER: 04346336 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

D & M CREATIVE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D P Greenwood

Mr M P Rothwell

SECRETARY:

Miss C A Mercer

REGISTERED OFFICE:

1 Vantage Court

Riverside Business Park

Riverside Way

Barrowford

Lancashire

BB9 6BP

REGISTERED NUMBER:

04346336 (England and Wales)

ACCOUNTANTS:

Ainsworths Limited

Chartered Accountants

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

FIXED ASSETS

Tangible assets

4

49,560

32,213

CURRENT ASSETS

Debtors

5

358,104

309,668

Cash at bank

124,408

121,884

482,512

431,552

CREDITORS

Amounts falling due within one year

6

124,110

116,060

NET CURRENT ASSETS

358,402

315,492

TOTAL ASSETS LESS CURRENT LIABILITIES

407,962

347,705

CREDITORS

Amounts falling due after more than one year

7

(3,334

)

(13,333

)

PROVISIONS FOR LIABILITIES

(9,826

)

(2,990

)

NET ASSETS

394,802

331,382

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

394,798

331,378

SHAREHOLDERS' FUNDS

394,802

331,382

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

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 Board of Directors and authorised for issue on 12th September 2025 and were signed on its behalf by:

Mr D P Greenwood - Director

1.	STATUTORY INFORMATION

D & M Creative Ltd 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.

Improvements to property

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st February 2024

1,271

37,193

33,262

50,380

122,106

Additions

-

23,494

-

18,970

42,464

Disposals

-

-

(33,262

)

-

(33,262

)

Reclassification/transfer

-

143

-

(143

)

-

At 31st January 2025

1,271

60,830

-

69,207

131,308

DEPRECIATION

At 1st February 2024

1,271

23,782

20,092

44,748

89,893

Charge for year

-

5,895

-

6,052

11,947

Eliminated on disposal

-

-

(20,092

)

-

(20,092

)

Reclassification/transfer

-

143

-

(143

)

-

At 31st January 2025

1,271

29,820

-

50,657

81,748

NET BOOK VALUE

At 31st January 2025

-

31,010

-

18,550

49,560

At 31st January 2024

-

13,411

13,170

5,632

32,213

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

130,343

96,254

Other debtors

227,761

213,414

358,104

309,668

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

15,099

750

Taxation and social security

92,676

104,688

Other creditors

6,335

622

124,110

116,060

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

3,334

13,333

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2025 and 31st January 2024:

31.1.25

31.1.24

£

£

Mr M P Rothwell

Balance outstanding at start of year

28,959

23,896

Amounts advanced

40,766

41,813

Amounts repaid

(39,830

)

(36,750

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

29,895

28,959

Mr D P Greenwood

Balance outstanding at start of year

39,830

35,132

Amounts advanced

43,618

41,448

Amounts repaid

(39,830

)

(36,750

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

43,618

39,830

Directors' loans are unsecured, interest free and repayable on demand.