Creative Cosmetics Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 02150738

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		37,352		367,882

			37,352		367,882
CURRENT ASSETS
Stocks	5	323,165		302,545
Debtors	6	458,634		288,729
Cash at bank and in hand		40,503		73,383

		822,302		664,657
Creditors: Amounts Falling Due Within One Year	7	(238,060 )		(256,325 )

NET CURRENT ASSETS (LIABILITIES)			584,242		408,332

TOTAL ASSETS LESS CURRENT LIABILITIES			621,594		776,214

NET ASSETS			621,594		776,214

CAPITAL AND RESERVES
Called up share capital	8		82		82
Revaluation reserve	9		125,100		125,100
Profit and Loss Account			496,412		651,032

SHAREHOLDERS' FUNDS			621,594		776,214

Page 1

Page 2

Creative Cosmetics Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Suzannah Stern

Director

29th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Creative Cosmetics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02150738 . The registered office is 89 Trinity Road, London, SW19 8QZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Fair value
Leasehold	20% on reducing balance
Plant & Machinery	20% and 15% on reducing balance
Fixtures & Fittings	20% on reducing balance

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2023: 14)

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 January 2024	325,000	63,674	635,873	80,563	1,105,110
Additions	-	-	-	1,293	1,293
Disposals	(325,000 )	-	-	-	(325,000 )

As at 31 December 2024	-	63,674	635,873	81,856	781,403

...CONTINUED

Page 3

Page 4

Creative Cosmetics Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	-	63,674	596,283	77,271	737,228
Provided during the period	-	-	5,938	885	6,823

As at 31 December 2024	-	63,674	602,221	78,156	744,051

Net Book Value
As at 31 December 2024	-	-	33,652	3,700	37,352

As at 1 January 2024	325,000	-	39,590	3,292	367,882

5. Stocks

	2024	2023
	£	£
Finished goods	323,165	302,545

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	2,540	219,337
Prepayments and accrued income	1,909	2,772
Corporation tax recoverable assets	4,113	4,113
Amounts owed by associates	450,072	62,507

	458,634	288,729

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	107,715	166,859
Other taxes and social security	9,615	16,101
VAT	36,046	66,357
Accruals and deferred income	4,684	7,008
Amounts owed to group undertakings	80,000	-

	238,060	256,325

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	82	82

9. Reserves

	Revaluation Reserve
	£
As at 1 January 2024	125,100

As at 31 December 2024	125,100

Page 4