The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard).

The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

The director believes that the company is experiencing good levels of sales and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover represents amounts receivable for creative production, event design and related services provided in the normal course of business, stated net of value added tax, trade discounts and rebates.

Turnover is recognised when the company has the right to consideration in exchange for its performance, the amount can be measured reliably and it is probable that the economic benefits will flow to the company.

Fees for project-based production work are recognised by reference to the stage of completion of each project at the balance sheet date, measured by reference to the proportion of the project's activity completed relative to the total anticipated activity. Where the outcome of a project cannot be estimated reliably, turnover is recognised only to the extent of costs incurred that it is probable will be recovered.

Where the company contracts with third-party suppliers in its own name and bears the primary responsibility for delivery, together with the associated inventory, credit and performance risks, it is acting as principal and turnover is recognised on a gross basis, with supplier costs recognised within cost of sales. Where the company acts as agent, arranging services on behalf of a client without assuming those risks, turnover comprises only the company's fee or commission.

Fees invoiced in advance of performance are not recognised as turnover and are carried forward as deferred income within creditors. Turnover recognised in respect of work performed but not yet invoiced is included within accrued income in debtors.

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included in the profit and loss account.

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.

The company's liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted.

Dividends are recognised in the financial statements in the period in which they are declared and approved by the shareholder(s). Dividends are paid at the discretion of the director and are subject to the availability of distributable reserves in accordance with the Companies Act 2006.

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

In preparing the financial statements the director is required to make judgements that affect the reported amounts of income and expenses. The judgement considered to have the most significant effect is set out below.

Related party relationships and transactions are identified in accordance with FRS 102. Transactions with related parties are recognised at the transaction amount, unless otherwise required by the standard. Where material related party transactions have occurred during the year, these are disclosed in the notes to the financial statements.

The company has elected to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments Issues of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.