Silverfin false false 31/05/2025 01/06/2024 31/05/2025 C R Brooks 07/03/2016 J Brooks 12/05/2000 23 February 2026 The principal activity of the Company during the financial year was picture framing and mount cutting, as well as other framing and mount-related work. 03991286 2025-05-31 03991286 bus:Director1 2025-05-31 03991286 bus:Director2 2025-05-31 03991286 2024-05-31 03991286 core:CurrentFinancialInstruments 2025-05-31 03991286 core:CurrentFinancialInstruments 2024-05-31 03991286 core:Non-currentFinancialInstruments 2025-05-31 03991286 core:Non-currentFinancialInstruments 2024-05-31 03991286 core:ShareCapital 2025-05-31 03991286 core:ShareCapital 2024-05-31 03991286 core:RetainedEarningsAccumulatedLosses 2025-05-31 03991286 core:RetainedEarningsAccumulatedLosses 2024-05-31 03991286 core:LandBuildings 2024-05-31 03991286 core:OtherPropertyPlantEquipment 2024-05-31 03991286 core:LandBuildings 2025-05-31 03991286 core:OtherPropertyPlantEquipment 2025-05-31 03991286 core:CostValuation 2024-05-31 03991286 core:CostValuation 2025-05-31 03991286 bus:OrdinaryShareClass1 2025-05-31 03991286 bus:OrdinaryShareClass2 2025-05-31 03991286 2024-06-01 2025-05-31 03991286 bus:FilletedAccounts 2024-06-01 2025-05-31 03991286 bus:SmallEntities 2024-06-01 2025-05-31 03991286 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 03991286 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 03991286 bus:Director1 2024-06-01 2025-05-31 03991286 bus:Director2 2024-06-01 2025-05-31 03991286 core:OtherPropertyPlantEquipment 2024-06-01 2025-05-31 03991286 2023-06-01 2024-05-31 03991286 core:LandBuildings 2024-06-01 2025-05-31 03991286 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 03991286 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 03991286 bus:OrdinaryShareClass2 2024-06-01 2025-05-31 03991286 bus:OrdinaryShareClass2 2023-06-01 2024-05-31 03991286 1 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03991286 (England and Wales)

# ISIS CREATIVE FRAMING LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH THE REGISTRAR

ISIS CREATIVE FRAMING LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025

Contents

ISIS CREATIVE FRAMING LIMITED

## BALANCE SHEET

AS AT 31 MAY 2025
ISIS CREATIVE FRAMING LIMITED

## BALANCE SHEET (continued)

AS AT 31 MAY 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 249,561 |  | 250,008
Investments | 4 | 4 |  | 4
|  | 249,565 |  | 250,012
Current assets |  |  |  |
Stocks |  | 11,560 |  | 7,780
Debtors | 5 | 191,321 |  | 176,042
Cash at bank and in hand |  | 106,080 |  | 67,644
|  | 308,961 |  | 251,466
Creditors: amounts falling due within one year | 6 | ( 106,184) |  | ( 68,033)
Net current assets |  | 202,777 |  | 183,433
Total assets less current liabilities |  | 452,342 |  | 433,445
Creditors: amounts falling due after more than one year | 7 | ( 843) |  | ( 11,329)
Provision for liabilities |  | ( 515) |  | ( 627)
Net assets |  | 450,984 |  | 421,489
Capital and reserves |  |  |  |
Called-up share capital | 8 | 100 |  | 100
Profit and loss account |  | 450,884 |  | 421,389
Total shareholders' funds |  | 450,984 |  | 421,489

For the financial year ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Isis Creative Framing Limited (registered number: 03991286) were approved and authorised for issue by the Board of Directors on 23 February 2026. They were signed on its behalf by:

J Brooks Director |

ISIS CREATIVE FRAMING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025
ISIS CREATIVE FRAMING LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MAY 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Isis Creative Framing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Northampton Road, Oxford, Oxfordshire, OX1 4TG, United Kingdom.
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Taxation

Current tax
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.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | not depreciated
Plant and machinery etc. | 15 - 33 % reducing balance

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.
The directors consider the residual value of the company's land and buildings to be in excess of its original cost and consequently no depreciation is provided.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

##### Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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 Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 6 |  | 6

#### 3. Tangible assets

| Land and buildings |  | Plant and machinery etc. |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 June 2024 | 247,500 |  | 49,475 |  | 296,975
At 31 May 2025 | 247,500 |  | 49,475 |  | 296,975
Accumulated depreciation |  |  |  |  |
At 01 June 2024 | 0 |  | 46,967 |  | 46,967
Charge for the financial year | 0 |  | 447 |  | 447
At 31 May 2025 | 0 |  | 47,414 |  | 47,414
Net book value |  |  |  |  |
At 31 May 2025 | 247,500 |  | 2,061 |  | 249,561
At 31 May 2024 | 247,500 |  | 2,508 |  | 250,008

#### 4. Fixed asset investments

Investments in subsidiaries

| 2025
| £
Cost |
At 01 June 2024 | 4
At 31 May 2025 | 4
Carrying value at 31 May 2025 | 4
Carrying value at 31 May 2024 | 4

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 21,244 |  | 23,322
Other debtors | 170,077 |  | 152,720
| 191,321 |  | 176,042

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 10,507 |  | 10,228
Trade creditors | 8,498 |  | 13,832
Taxation and social security | 29,329 |  | 28,331
Other creditors | 57,850 |  | 15,642
| 106,184 |  | 68,033

#### 7. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 843 |  | 11,329

#### 8. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
55 Ordinary A shares of £ 1.00 each | 55 |  | 55
45 Ordinary B shares of £ 1.00 each | 45 |  | 45
| 100 |  | 100

#### 9. Ultimate controlling party

The ultimate controlling party is J Brooks.