REGISTERED NUMBER: 02604672 (England and Wales)

CREATIVE IDEA LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L E Frewin

M Sampson

REGISTERED OFFICE:

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

BUSINESS ADDRESS:

Unit 8

Magna Road

South Wigston

Leicestershire

LE18 4ZH

REGISTERED NUMBER:

02604672 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Tangible assets

4

80,507

59,781

CURRENT ASSETS

Stocks

60,741

34,432

Debtors

5

566,629

689,935

Cash at bank and in hand

669,888

751,740

1,297,258

1,476,107

CREDITORS

Amounts falling due within one year

6

741,124

840,014

NET CURRENT ASSETS

556,134

636,093

TOTAL ASSETS LESS CURRENT LIABILITIES

636,641

695,874

CREDITORS

Amounts falling due after more than one year

7

(52,801

)

(87,496

)

PROVISIONS FOR LIABILITIES

(14,680

)

(10,607

)

NET ASSETS

569,160

597,771

CAPITAL AND RESERVES

Called up share capital

10,920

10,920

Retained earnings

558,240

586,851

SHAREHOLDERS' FUNDS

569,160

597,771

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 8 October 2025 and were signed on its behalf by:

L E Frewin - Director

M Sampson - Director

1.	STATUTORY INFORMATION

Creative Idea 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover represents the total amount receivable by the company from the sale, installation, and maintenance of Point of Purchase (POP) displays, excluding VAT and trade discounts.

The company operates primarily within the UK, with the majority of turnover derived from the sale and servicing of POP displays to customers. Revenue is also recognised from maintenance of these displays.

The company's policy is to recognise revenue only when it can be reliably measured and when there is reasonable assurance that the payment will be received.

Revenue from the sale of POP displays is recognised when the significant risks and rewards of ownership have transferred to the customer, typically upon delivery or installation, whichever is earlier.

Revenue from installation services is recognised when the installation has been completed, and the customer has accepted the display as being fully operational.

Revenue from maintenance contracts is recognised over the term of the contract, on a straight-line basis, reflecting the ongoing provision of maintenance services.

Turnover excludes VAT and trade discounts, which are accounted for separately. Any returns, allowances, or adjustments for undelivered or incomplete services are deducted from gross turnover to reflect net revenue.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold property improvmnts

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

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.

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.

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.

Government grants

Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Fixtures

property

Plant and

and

Computer

improvmnts

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

491,150

381,915

140,878

134,578

1,148,521

Additions

-

27,245

-

5,051

32,296

At 30 April 2025

491,150

409,160

140,878

139,629

1,180,817

DEPRECIATION

At 1 May 2024

491,150

332,280

136,561

128,749

1,088,740

Charge for year

-

8,228

596

2,746

11,570

At 30 April 2025

491,150

340,508

137,157

131,495

1,100,310

NET BOOK VALUE

At 30 April 2025

-

68,652

3,721

8,134

80,507

At 30 April 2024

-

49,635

4,317

5,829

59,781

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Trade debtors

465,238

622,187

Other debtors

101,391

67,748

566,629

689,935

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/25

30/4/24

£

£

Bank loans and overdrafts

50,004

50,004

Hire purchase contracts (see note 8)

4,793

-

Trade creditors

216,677

350,440

Taxation and social security

108,553

147,755

Other creditors

361,097

291,815

741,124

840,014

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/25

30/4/24

£

£

Bank loans

37,496

87,496

Hire purchase contracts (see note 8)

15,305

-

52,801

87,496

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30/4/25

30/4/24

£

£

Net obligations repayable:

Within one year

4,793

-

Between one and five years

15,305

-

20,098

-

Non-cancellable

operating leases

30/4/25

30/4/24

£

£

Within one year

25,683

26,696

Between one and five years

12,137

37,818

37,820

64,514

9.	SECURED DEBTS

The following secured debts are included within creditors:

30/4/25

30/4/24

£

£

Hire purchase contracts

20,098

-