Creative Projects (Mids) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06889161 (England and Wales)

CREATIVE PROJECTS (MIDS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N J Taylor

Mr B Cooper

REGISTERED OFFICE:

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

REGISTERED NUMBER:

06889161 (England and Wales)

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

BANKERS:

Natwest

9 Church Street

Mansfield

Nottinghamshire

NG18 1HP

FIXED ASSETS

Tangible assets

5

107,112

125,064

CURRENT ASSETS

Stocks

846

6,340

Debtors

6

55,344

193,311

Cash at bank and in hand

152,636

227,437

208,826

427,088

CREDITORS

Amounts falling due within one year

7

90,522

204,952

NET CURRENT ASSETS

118,304

222,136

TOTAL ASSETS LESS CURRENT
LIABILITIES

225,416

347,200

CREDITORS

Amounts falling due after more than one year

8

(20,654

)

(28,631

)

PROVISIONS FOR LIABILITIES

(26,778

)

(31,266

)

NET ASSETS

177,984

287,303

CAPITAL AND RESERVES

Called up share capital

10

108

Retained earnings

177,876

287,195

SHAREHOLDERS' FUNDS

177,984

287,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 3 November 2026 and were signed on its behalf by:

Mr N J Taylor - Director

Mr B Cooper - Director

1.	STATUTORY INFORMATION

Creative Projects (Mids) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value excluding Value Added Tax of joinery and shop fitting services provided to customers during the year. In respect of goods and services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% 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.

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.

Financial instruments

Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 8 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 July 2025

202,856

8,265

17,417

228,538

Additions

520

-

1,411

1,931

At 30 June 2026

203,376

8,265

18,828

230,469

DEPRECIATION

At 1 July 2025

81,468

7,676

14,330

103,474

Charge for year

18,287

89

1,507

19,883

At 30 June 2026

99,755

7,765

15,837

123,357

NET BOOK VALUE

At 30 June 2026

103,621

500

2,991

107,112

At 30 June 2025

121,388

589

3,087

125,064

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

39,621

178,493

Prepayments and accrued income

15,723

14,818

55,344

193,311

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

5,100

Hire purchase contracts

1,487

14,681

Trade creditors

35,580

90,509

Social security and other taxes

1,434

39,594

VAT

7,687

25,478

Credit card

14

617

Directors' current accounts

21,867

13,447

Accruals and deferred income

17,353

15,526

90,522

204,952

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans - 1-2 years

5,400

Bank loans - 2-5 years

15,254

18,000

Bank loans more 5 yr by instal

-

2,912

Hire purchase contracts

-

2,319

20,654

28,631

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

2,912

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Hire purchase contracts

1,487

17,000

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

Value:

£

100

Ordinary

£1

100

1

Ordinary A

£1

1

Ordinary B

£1

1

Ordinary C

£1

1

Ordinary D

£1

1

Ordinary E

£1

1

Ordinary F

£1

1

Ordinary G

£1

1

Ordinary H

£1

1

109

11.	RELATED PARTY DISCLOSURES

During the year the company paid wages to the key management, being the directors and shareholders totalling £25,140 (2025: £25,140).

12.	ULTIMATE CONTROLLING PARTY

There is no controlling party as no shareholder owns over 50% of the ordinary voting shares of the company.