REGISTERED NUMBER: 12522953 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

More Creative Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTORS:

P P Hatwell

L P Hatwell

Mrs J A Hatwell

Mrs C E Hatwell

REGISTERED OFFICE:

Southern Works

Newport Industrial Estate

Launceston

Cornwall

PL15 8EX

REGISTERED NUMBER:

12522953 (England and Wales)

ACCOUNTANTS:

UHY Peninsula

9 Western Road

Launceston

Cornwall

PL15 7AR

FIXED ASSETS

Tangible assets

4

104,433

122,877

CURRENT ASSETS

Stocks

51,380

20,000

Debtors

5

30,481

135,207

Cash at bank and in hand

74,814

92,571

156,675

247,778

CREDITORS

Amounts falling due within one year

6

116,699

150,404

NET CURRENT ASSETS

39,976

97,374

TOTAL ASSETS LESS CURRENT LIABILITIES

144,409

220,251

CREDITORS

Amounts falling due after more than one year

7

(18,298

)

(27,798

)

PROVISIONS FOR LIABILITIES

(16,606

)

(28,186

)

NET ASSETS

109,505

164,267

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

109,405

164,167

109,505

164,267

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 4 September 2026 and were signed on its behalf by:

P P Hatwell - Director

L P Hatwell - Director

Mrs J A Hatwell - Director

Mrs C E Hatwell - Director

1.	STATUTORY INFORMATION

More Creative Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

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 13 (2025 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

178,775

Additions

907

At 31 March 2026

179,682

DEPRECIATION

At 1 April 2025

55,898

Charge for year

19,351

At 31 March 2026

75,249

NET BOOK VALUE

At 31 March 2026

104,433

At 31 March 2025

122,877

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

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

67,500

DEPRECIATION

At 1 April 2025

18,731

Charge for year

7,315

At 31 March 2026

26,046

NET BOOK VALUE

At 31 March 2026

41,454

At 31 March 2025

48,769

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.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

15,095

134,364

Other debtors

15,386

843

30,481

135,207

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 8)

9,500

9,500

Trade creditors

21,346

23,427

Taxation and social security

36,877

61,045

Other creditors

48,976

56,432

116,699

150,404

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 8)

18,298

27,798

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

9,500

9,500

Between one and five years

18,298

27,798

27,798

37,298

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

20,000

20,000

9.

RESERVES

Retained

earnings

£

At 1 April 2025

164,167

Deficit for the year

(54,762

)

At 31 March 2026

109,405

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

P P Hatwell and Mrs J A Hatwell

Balance outstanding at start of year

(22,009

)

(76,891

)

Amounts advanced

22,009

54,882

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(22,009

)

L P Hatwell and Mrs C E Hatwell

Balance outstanding at start of year

843

-

Amounts advanced

-

1,326

Amounts repaid

(843

)

(483

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

843

11.	ULTIMATE CONTROLLING PARTY

Mr P and Mrs J Hatwell, by virtue of his shareholding and directorship, controls the company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of More Creative Solutions Limited for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of More Creative Solutions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of More Creative Solutions Limited and state those matters that we have agreed to state to the Board of Directors of More Creative Solutions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than More Creative Solutions Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that More Creative Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of More Creative Solutions Limited. You consider that More Creative Solutions Limited 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 financial statements of More Creative Solutions Limited. 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 financial statements.

UHY Peninsula

9 Western Road

Launceston

Cornwall

PL15 7AR

11 September 2026