REGISTERED NUMBER: 03630588 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE OUTLOOK CREATIVE GROUP LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A C Sherlock

J Lloyd

S M Booth

REGISTERED OFFICE:

The Courtyard

Orchard Hill

Little Billing

Northampton

NN3 9AG

REGISTERED NUMBER:

03630588 (England and Wales)

ACCOUNTANTS:

Shaw Gibbs Limited

Eagle House

28 Billing Road

Northampton

Northamptonshire

NN1 5AJ

BANKERS:

Barclays Bank plc

Leicester Corporate Banking Centre

Meridian Business Park

Leicester

Leicestershire

LE3 2RN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

182,823

287,540

182,823

287,540

CURRENT ASSETS

Debtors

6

2,061,768

1,912,055

Cash at bank and in hand

997,928

1,036,176

3,059,696

2,948,231

CREDITORS

Amounts falling due within one year

7

1,718,629

1,535,392

NET CURRENT ASSETS

1,341,067

1,412,839

TOTAL ASSETS LESS CURRENT LIABILITIES

1,523,890

1,700,379

CREDITORS

Amounts falling due after more than one year

8

(75,713

)

(124,510

)

PROVISIONS FOR LIABILITIES

(34,467

)

(59,929

)

NET ASSETS

1,413,710

1,515,940

CAPITAL AND RESERVES

Called up share capital

100,000

100,000

Retained earnings

1,313,710

1,415,940

SHAREHOLDERS' FUNDS

1,413,710

1,515,940

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by:

S M Booth - Director

1.	STATUTORY INFORMATION

The Outlook Creative Group 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.

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.

Significant judgements and estimates

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below.

Turnover

Turnover represents revenue earned under a wide variety of service contracts. Revenue is recognised as earned when, and to the extent that, a right to consideration arises in exchange for the performance of obligations under these contracts. It is measured at the fair value of the right to consideration, which represents the amount billable to clients, including expenses and disbursements but excluding value added tax.

In respect of incomplete contracts, and to the extent that a right to consideration arises, the amount of revenue recognised reflects the accrual of the right to this consideration by reference to the value of work performed to date. Revenue not billed to clients is included in debtors and payments received on account in excess of the relevant amount of revenue are included in creditors.

Goodwill

Goodwill has been fully amortised.

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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost and 20% on cost

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 58 (2024 - 70 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

272,462

AMORTISATION

At 1 April 2024

and 31 March 2025

272,462

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

73,459

739,552

813,011

Additions

898

12,665

13,563

Disposals

(16,102

)

(11,993

)

(28,095

)

At 31 March 2025

58,255

740,224

798,479

DEPRECIATION

At 1 April 2024

50,402

475,069

525,471

Charge for year

2,930

109,043

111,973

Eliminated on disposal

(10,935

)

(10,853

)

(21,788

)

At 31 March 2025

42,397

573,259

615,656

NET BOOK VALUE

At 31 March 2025

15,858

166,965

182,823

At 31 March 2024

23,057

264,483

287,540

The net book value of tangible fixed assets includes £ 114,007 (2024 - £ 161,182 ) in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,032,364

994,640

Amounts owed by group undertakings

428,854

435,155

Amounts recoverable on contract

506,772

373,377

Other debtors

50,018

61,946

Prepayments

43,760

46,937

2,061,768

1,912,055

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

48,764

45,382

Trade creditors

285,419

195,618

Tax

130,606

25,324

Social security and other taxes

62,491

72,159

VAT

58,265

17,336

Other creditors

14,957

17,663

Accruals and deferred income

1,118,127

1,161,910

1,718,629

1,535,392

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

75,713

124,510

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

48,764

45,382

Between one and five years

75,713

124,510

124,477

169,892

Non-cancellable

operating leases

2025

2024

£

£

Within one year

72,893

65,498

Between one and five years

111,193

-

184,086

65,498

10.	PARENT COMPANY

The company's immediate parent company is The Outlook Creative Group (2017) Limited. The ultimate parent company and also controlling party is The Outlook Creative Group (2024) Limited. The address of all companies is The Courtyard, Orchard Hill, Little Billing, Northampton NN3 9AG.