REGISTERED NUMBER: 02678318 (England and Wales)

Creative Displays (U.K.) Ltd.

Unaudited Financial Statements

for the year ended

31 May 2026

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

7

FIXED ASSETS

Tangible assets

4

124,050

79,078

CURRENT ASSETS

Stocks

426,145

545,018

Debtors

5

1,089,640

1,211,327

Cash at bank and in hand

329,653

17,433

1,845,438

1,773,778

CREDITORS

Amounts falling due within one year

6

(730,165

)

(1,188,876

)

NET CURRENT ASSETS

1,115,273

584,902

TOTAL ASSETS LESS CURRENT LIABILITIES

1,239,323

663,980

CREDITORS

Amounts falling due after more than one year

7

(11,460

)

-

PROVISIONS FOR LIABILITIES

(31,012

)

(19,770

)

NET ASSETS

1,196,851

644,210

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,196,751

644,110

SHAREHOLDERS' FUNDS

1,196,851

644,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 July 2026 and were signed by:

M P Cater - Director

1.	STATUTORY INFORMATION

Creative Displays (U.K.) Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02678318

Registered office:

Cater Cunningham House

St. Helens Way

Thetford

Norfolk

IP24 1HG

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.

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.

Plant and machinery

-

25% on cost, 15% on reducing balance and 10% on cost

Fixtures and fittings

-

10% on cost

Computer equipment

-

25% on cost

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2025 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2025

506,244

28,864

49,954

585,062

Additions

53,943

15,874

5,444

75,261

Disposals

(25,007

)

(7,542

)

(42,562

)

(75,111

)

At 31 May 2026

535,180

37,196

12,836

585,212

DEPRECIATION

At 1 June 2025

441,281

19,486

45,217

505,984

Charge for year

25,701

2,393

1,639

29,733

Eliminated on disposal

(24,451

)

(7,542

)

(42,562

)

(74,555

)

At 31 May 2026

442,531

14,337

4,294

461,162

NET BOOK VALUE

At 31 May 2026

92,649

22,859

8,542

124,050

At 31 May 2025

64,963

9,378

4,737

79,078

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 June 2025

23,788

Additions

15,807

At 31 May 2026

39,595

DEPRECIATION

At 1 June 2025

11,498

Charge for year

2,378

At 31 May 2026

13,876

NET BOOK VALUE

At 31 May 2026

25,719

At 31 May 2025

12,290

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

163,964

283,618

Amounts owed by group undertakings

363,897

248,881

Other debtors

561,779

678,828

1,089,640

1,211,327

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

48,801

Hire purchase contracts

4,742

793

Trade creditors

216,096

641,725

Taxation and social security

279,399

378,383

Other creditors

229,928

119,174

730,165

1,188,876

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

11,460

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2026 and 31 May 2025:

2026

2025

£

£

M P Cater

Balance outstanding at start of year

-

-

Amounts advanced

482,938

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

482,938

-

The loans to directors are charged interest at the official rate. The loans are unsecured and are repayable on demand.

10.	RELATED PARTY DISCLOSURES

At the year end, an amount of £363,897 (2025 - £248.881) was owed to the company by its parent company, Cater Cunningham Limited. The balance is unsecured, interest-free, and repayable on demand.

11.	POST BALANCE SHEET EVENTS

After the reporting date, the group entered into arrangements to undertake a statutory demerger expected to complete on 31 July 2026. The transaction did not affect the Company's financial position at 31 May 2026 and has therefore not been reflected in these financial statements.

The directors consider the demerger to be a non-adjusting event after the reporting period. The financial effect of the transaction on future reporting periods will depend on the post-demerger structure and operations

Subsequent to the year end, the company exchanged contracts for the sale of its freehold land and buildings for consideration of £390,000. Completion took place on 1 July 2026. This is a non-adjusting event and accordingly no adjustment has been made to these financial statements.