Registration number:02435132
Creative Manufacturing Limited
Unaudited
Annual Report and Financial Statements
Information For Filing With The Registrar
For The Year Ended 31 March 2026
Creative Manufacturing Limited
Company information
2
Balance sheet
3
Notes to the financial statements
5
Company information
Directors
A C Bansal
N Chohan
S I Fowler
H Meharban
Registered office
165 Fordhouse Lane
Stirchley
Birmingham
West Midlands
B30 3AG
Accountants
Ballards LLP
Chartered Accountants
Oakmore Court
11C Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH
2
Creative Manufacturing Limited
Registered number: 02435132
Balance sheet
as at 31 March 2026
Note
| 2026
£
| 2025
£
| ||||
|---|---|---|---|---|---|---|
Fixed assets
|
)
|
)
| ||||
Tangible fixed assets
|
4
|
3,032,072
)
|
3,177,561
)
| |||
Current assets
|
)
|
)
| ||||
Stocks
|
5
|
776,802
)
|
1,192,713
)
| |||
Debtors: amounts falling due within one year
|
880,595
)
|
932,257
)
| ||||
Cash at bank and in hand
|
614,318
)
|
237,952
)
| ||||
2,271,715
)
|
2,362,922
)
| |||||
Creditors: amounts falling due within one year
|
6
|
(632,610)
|
(520,659)
| |||
Net current assets
|
1,639,105
)
|
1,842,263
)
| ||||
Total assets less current liabilities
|
4,671,177
)
|
5,019,824
)
| ||||
Creditors: amounts falling due after more than one year
|
7
|
(28,810)
|
(61,878)
| |||
Net assets
|
4,642,367
)
|
4,957,946
)
| ||||
Capital and reserves
|
)
|
)
| ||||
Called up share capital
|
98
)
|
98
)
| ||||
Revaluation reserve
|
264,739
)
|
264,739
)
| ||||
Capital redemption reserve
|
4
)
|
4
)
| ||||
Profit and loss account
|
4,377,526
)
|
4,693,105
)
| ||||
Total capital and reserves
|
4,642,367
)
|
4,957,946
)
|
3
Creative Manufacturing Limited
Registered number: 02435132
Balance sheet
as at 31 March 2026
For the year ending 31 March 2026, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
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 Companies Act 2006 with respect to accounting records and the preparation of financial statements
The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the Single statement of comprehensive income in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf:
.................................
| Mr S Fowler | |
| Director |
Date: 07 September 2026
4
Creative Manufacturing Limited
1.
General information
Creative Manufacturing Limited is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is
165 Fordhouse Lane
Stirchley
Birmingham
West Midlands
2.
Accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been applied consistently to all periods presented, unless otherwise stated.
a.
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.
b.
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).
c.
Basis of preparation of financial statements
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 Company's functional and presentational currency is the Pound Sterling.
5
Creative Manufacturing Limited
2.
Accounting policies
d.
Revenue
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
Sale of goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
- the Company has transferred the significant risks and rewards of ownership to the buyer;
- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the transaction; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.
e.
Foreign currency translation
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
f.
Taxation
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
g.
Tangible fixed assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
6
Creative Manufacturing Limited
2.
Accounting policies
h.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset Class
| Depreciation method and rate
| ||
|---|---|---|---|
Freehold property
|
2% Straight Line
| ||
Plant and machinery
|
20% Reducing Balance
| ||
Motor vehicles
|
25% Reducing Balance
|
i.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
j.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
k.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
7
Creative Manufacturing Limited
2.
Accounting policies
l.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
m.
Borrowing costs
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
n.
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
o.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
8
Creative Manufacturing Limited
2.
Accounting policies
p.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
q.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
3.
Employees
The average number of persons employed by the company (including directors) during the year, was 43 (2025 - 44 ).
4.
Tangible fixed assets
Land and buildings
£
| Furniture, fittings and equipment
£
| Motor vehicles
£
| Total
£
| |||||
|---|---|---|---|---|---|---|---|---|
Cost
|
)
|
)
|
)
|
)
| ||||
At 1 April 2025
|
3,138,297
)
|
1,363,115
)
|
17,116
)
|
4,518,528
)
| ||||
Additions
|
17,720
)
|
40,786
)
|
-
)
|
58,506
)
| ||||
At 31 March 2026
|
3,156,017
)
|
1,403,901
)
|
17,116
)
|
4,577,034
)
| ||||
Depreciation and impairment
|
)
|
)
|
)
|
)
| ||||
At 1 April 2025
|
(623,270)
|
(704,642)
|
(13,055)
|
(1,340,967)
| ||||
Charge for the year
|
(63,121)
|
(139,859)
|
(1,015)
|
(203,995)
| ||||
At 31 March 2026
|
(686,391)
|
(844,501)
|
(14,070)
|
(1,544,962)
| ||||
Net book value
|
)
|
)
|
)
|
)
| ||||
At 31 March 2026
|
2,469,626
)
|
559,400
)
|
3,046
)
|
3,032,072
)
| ||||
At 31 March 2025
|
2,515,027
)
|
658,473
)
|
4,061
)
|
3,177,561
)
|
Included within the net book value of land and buildings above is £2,469,626 (2025: £2,515,027) in respect of freehold land and buildings.
9
Creative Manufacturing Limited
5.
Stocks
2026
£
| 2025
£
| |||
|---|---|---|---|---|
Other inventories
|
776,802
)
|
1,192,713
)
|
6.
Creditors: amounts falling due within one year
2026
£
| 2025
£
| |||
|---|---|---|---|---|
Trade creditors
|
61,416
)
|
174,258
)
| ||
Amounts owed to group undertakings
|
179,700
)
|
4,700
)
| ||
Other taxation and social security
|
203,415
)
|
197,705
)
| ||
Obligations under finance lease and hire purchase contracts
|
33,212
)
|
43,077
)
| ||
Other creditors
|
8,162
)
|
8,162
)
| ||
Accruals and deferred income
|
146,705
)
|
92,757
)
| ||
632,610
)
|
520,659
)
|
7.
Creditors: amounts falling due after more than one year
2026
£
| 2025
£
| |||
|---|---|---|---|---|
Obligations under finance lease and hire purchase contracts
|
28,810
)
|
61,878
)
| ||
28,810
)
|
61,878
)
|
8.
Parent undertaking
The company's immediate parent is Instinct Hardware Limited, incorporated in England & Wales.
10