Fluid Graphic Designs Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03092486

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		182,175		185,122

			182,175		185,122
CURRENT ASSETS
Stocks	5	162,860		116,330
Debtors	6	802,615		345,905
Cash at bank and in hand		284,382		661,180

		1,249,857		1,123,415
Creditors: Amounts Falling Due Within One Year	7	(837,258 )		(609,752 )

NET CURRENT ASSETS (LIABILITIES)			412,599		513,663

TOTAL ASSETS LESS CURRENT LIABILITIES			594,774		698,785

PROVISIONS FOR LIABILITIES
Deferred Taxation	8		(10,903 )		(10,445 )

NET ASSETS			583,871		688,340

CAPITAL AND RESERVES
Called up share capital	9		102		102
Profit and Loss Account			583,769		688,238

SHAREHOLDERS' FUNDS			583,871		688,340

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Fluid Graphic Designs Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 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

Mr James Smith Director	Mr Neil Roddis Director
19/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Fluid Graphic Designs Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03092486 . The registered office is Fluid Studios, 12 Tenby Street, Birmingham, B1 3AJ.

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	2% on cost
Motor Vehicles	33% straight line
Fixtures & Fittings	33% straight line
Computer Equipment	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Fluid Graphic Designs Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2024: 14)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 October 2024	238,902	815	43,344	183,371	466,432
Additions	-	-	117	14,203	14,320
Disposals	-	-	(216 )	(3,214 )	(3,430 )

As at 30 September 2025	238,902	815	43,245	194,360	477,322

Depreciation
As at 1 October 2024	95,559	686	41,462	143,603	281,310
Provided during the period	4,778	129	861	11,030	16,798
Disposals	-	-	(216 )	(2,745 )	(2,961 )

As at 30 September 2025	100,337	815	42,107	151,888	295,147

Net Book Value
As at 30 September 2025	138,565	-	1,138	42,472	182,175

As at 1 October 2024	143,343	129	1,882	39,768	185,122

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Fluid Graphic Designs Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

5. Stocks

	2025	2024
	£	£
Work in progress	162,860	116,330

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	742,591	322,146
Other debtors	60,024	23,759

	802,615	345,905

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	70,271	129,152
Other taxes and social security	107,553	103,627
Other creditors	659,434	376,973

	837,258	609,752

8. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	10,903	10,445

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	102	102

10. Related Party Transactions

Within Other Debtors due within one year there is £22,152 (2024: £21,533) owed by Fluid Dgital Media Limited. The previous years balance was shown in Other Creditors as it was owed by the company. Both companies are under the control of the same shareholders.

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