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Registration number: 05162800

Creative X Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Creative X Ltd

Contents

Company Information | 1
Accountants' Report | 2
Statement of Financial Position | 3
Notes to the Unaudited Financial Statements | 4 to 7

Creative X Ltd

Company Information

Directors | Miss J Stratton Miss W Brennan R Clack

Company secretary | R Clack

Registered office | 10A, Capital Business Park 22 Carlton South Croydon United Kingdom CR2 0BS

Accountants | Innovi Advisors Ltd Chartered Certified Accountants163 Herne Hill London SE24 9LR

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Creative X Ltd
for the Year Ended 30 June 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Creative X Ltd for the year ended 30 June 2025 as set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Creative X Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Creative X Ltd and state those matters that we have agreed to state to the Board of Directors of Creative X Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Creative X Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Creative X Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Creative X Ltd. You consider that Creative X Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Creative X Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Innovi Advisors Ltd
Chartered Certified Accountants
163 Herne Hill
London
SE24 9LR

18 March 2026

Creative X Ltd

(Registration number: 05162800)
Statement of Financial Position as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 5,532 | 4,597
Current assets |  |  |
Stocks | 5 | 3,988 | 27,646
Debtors | 6 | 169,884 | 122,899
Cash at bank and in hand |  | 59,044 | 59,898
|  | 232,916 | 210,443
Creditors: Amounts falling due within one year | 7 | (122,915) | (112,688)
Net current assets |  | 110,001 | 97,755
Net assets |  | 115,533 | 102,352
Capital and reserves |  |  |
Called up share capital |  | 181 | 181
Retained earnings |  | 115,352 | 102,171
Shareholders' funds |  | 115,533 | 102,352

For the financial year ending 30 June 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 18 March 2026 and signed on its behalf by:

Miss J Stratton Director | Miss W Brennan Director | R Clack Company secretary and director

Creative X Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10A, Capital Business Park
22 Carlton
South Croydon
CR2 0BS
United Kingdom

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,value added tax and other sales taxes.

Tax

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except tothe 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 orsubstantively enacted by the statement of financial position date

Creative X Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences that have originated but not reversedat thestatement of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different fromthose 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 thetiming difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that theywill be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Tangible assets

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation andaccumulated impairment losses.

Depreciation

Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives at the following rates

Asset class | Depreciation method and rate
Fixtures & fittings | 25% on cost
Computer equipment | 33% on cost
Plant & Machinery | 25% reducing balance

Assets held under finance leases are depreciated in the same way as owned assets.
At each statement of financial position date, the company reviews the carrying amount of its tangible fixed assetsto determine whether there is any indication that any items have suffered an impairment loss. If
any suchindication exists, the recoverable amount of an asset is estimated in order to determine the extent of theimpairment loss, if any. Where it is not possible to estimate the recoverable amount of the
asset, the companyestimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisablevalue). Costs, which comprise direct production costs, are based on the method most appropriate to the type ofinventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which therelated revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses ofstocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of anyreversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognisedas anexpense in the period in which the reversal occurs.

Creative X Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Leases

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assetsacquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assetsacquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those wheresubstantially all of the benefits and risks of ownership are assumed by the company. Obligations under suchagreements are included in creditors net of the finance charge allocated to future periods. The finance element ofthe rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge onthe net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain withthe lessor are charged to the profit and loss account on a straight-line basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Total £
Cost or valuation
At 1 July 2024 | 3,482 | 5,253 | 8,986 | 17,721
Additions | 2,808 | - | 21 | 2,829
At 30 June 2025 | 6,290 | 5,253 | 9,007 | 20,550
Depreciation
At 1 July 2024 | 3,481 | 1,204 | 8,439 | 13,124
Charge for the year | 534 | 1,012 | 348 | 1,894
At 30 June 2025 | 4,015 | 2,216 | 8,787 | 15,018
Carrying amount
At 30 June 2025 | 2,275 | 3,037 | 220 | 5,532
At 30 June 2024 | 2 | 4,049 | 546 | 4,597

Creative X Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

5 | Stocks

| 2025 £ | 2024 £
Work in progress | 2,447 | -
Other inventories | 1,541 | 27,646
| 3,988 | 27,646

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 135,966 | 86,060
Prepayments | 1,274 | 4,102
Other debtors | 32,644 | 32,737
| 169,884 | 122,899

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 65,451 | 64,277
Taxation and social security | 22,115 | 13,456
Accruals and deferred income | 1,391 | 1,300
Other creditors | 33,958 | 33,655
| 122,915 | 112,688