Floramedia (UK) Limited
Annual Report and Financial Statements
For the year ended 31 December 2025
Company Registration No. 01567452 (England and Wales)
Floramedia (UK) Limited
Company Information
Directors
R N G Mathias
K Mormech
Secretary
K Wills
Company number
01567452
Registered office
Axis Two Brunel Way
Severalls Business Park
Colchester
Essex
CO4 9QX
Auditors
Moore Kingston Smith LLP
Orbital House
20 Eastern Road
Romford
Essex
RM1 3PJ
Business address
Axis Two Brunel Way
Severalls Business Park
Colchester
Essex
United Kingdom
CO4 9QX
Floramedia (UK) Limited
Contents
Page
Directors' report
1 - 2
Independent auditor's report
3 - 6
Statement of income and retained earnings
7
Balance sheet
8
Notes to the financial statements
9 - 20
Floramedia (UK) Limited
Directors' Report
For the year ended 31 December 2025
Page 1

The directors present their annual report and financial statements for the year ended 31 December 2025.

Principal activities

The principal activity of the company continues to be that of the production of sales and marketing materials for use in the horticulture and allied trades.

Dividends

Ordinary dividends were paid amounting to £250,000 (2024: £800,000). The directors do not recommend payment of a further dividend.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

R N G Mathias
K Mormech
Auditor

In accordance with the company's articles, a resolution proposing that Moore Kingston Smith LLP be reappointed as auditor of the company will be put at a General Meeting.

Statement of directors' responsibilities

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

Floramedia (UK) Limited
Directors' Report (Continued)
For the year ended 31 December 2025
Page 2
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
R N G Mathias
Director
3 July 2026
Floramedia (UK) Limited
Independent Auditor's Report
To the Member of Floramedia (UK) Limited
Page 3
Opinion

We have audited the financial statements of Floramedia (UK) Limited (the 'company') for the year ended 31 December 2025 which comprise the Statement of Income and Retained Earnings, the Balance Sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Floramedia (UK) Limited
Independent Auditor's Report
To the Member of Floramedia (UK) Limited (Continued)
Page 4

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the Directors' R eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the Directors' Report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the Directors' R eport. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit; or

- the directors were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report.

Responsibilities of directors

As explained more fully in the Directors' R esponsibilities S tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Floramedia (UK) Limited
Independent Auditor's Report
To the Member of Floramedia (UK) Limited (Continued)
Page 5
Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with ISAs (UK) we exercise professional judgement and maintain professional scepticism throughout the audit. We also:

- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purposes of expressing an opinion on the effectiveness of the company’s internal control.

- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors.

- Conclude on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the company to cease to continue as a going concern.

- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Floramedia (UK) Limited
Independent Auditor's Report
To the Member of Floramedia (UK) Limited (Continued)
Page 6

Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the company.

Our approach was as follows:

- We obtained an understanding of the legal and regulatory requirements applicable to the company and considered that the most significant are the Companies Act 2006, UK financial reporting standards as issued by the Financial Reporting Council, and UK taxation legislation.

- We obtained an understanding of how the company complies with these requirements by discussions with management and those charged with governance.

- We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance.

- We inquired of management and those charged with governance as to any known instances of non-compliance or suspected non-compliance with laws and regulations.

- Based on this understanding, we designed specific appropriate audit procedures to identify instances of non-compliance with laws and regulations. This included making enquiries of management and those charged with governance and obtaining additional corroborative evidence as required.

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

Use of our report

This report is made solely to the company's member in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's member those matters we are required to state to the member in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's member, for our audit work, for this report, or for the opinions we have formed.

Paul Springfield
Senior Statutory Auditor
for and on behalf of Moore Kingston Smith LLP
3 July 2026
Chartered Accountants
Statutory Auditor
Orbital House
20 Eastern Road
Romford
Essex
RM1 3PJ
Floramedia (UK) Limited
Statement of Income and Retained Earnings
For the year ended 31 December 2025
Page 7
2025
2024
Notes
£
£
Turnover
3
8,750,920
8,559,375
Cost of sales
(6,336,057)
(6,266,566)
Gross profit
2,414,863
2,292,809
Administrative expenses
(2,123,764)
(1,941,965)
Operating profit
4
291,099
350,844
Interest receivable and similar income
8
948
1,306
Profit before taxation
292,047
352,150
Tax on profit
9
(61,766)
(90,923)
Profit for the financial year
230,281
261,227
Retained earnings brought forward
945,644
1,484,417
Dividends
10
(250,000)
(800,000)
Retained earnings carried forward
925,925
945,644

The Statement of Income and Retained Earnings has been prepared on the basis that all operations are continuing operations.

Floramedia (UK) Limited
Balance Sheet
As at 31 December 2025
Page 8
2025
2024
Notes
£
£
£
£
Fixed assets
Goodwill
11
15,213
20,284
Other intangible assets
11
334
1,004
Total intangible assets
15,213
20,284
Tangible assets
12
67,079
107,150
82,626
128,438
Current assets
Stock
13
311,175
437,482
Debtors
14
2,229,368
2,231,762
Cash at bank and in hand
363,017
656,081
2,903,560
3,325,325
Creditors: amounts falling due within one year
15
(1,560,261)
(2,008,119)
Net current assets
1,343,299
1,317,206
Net assets
1,425,925
1,445,644
Capital and reserves
Called up share capital
18
500,000
500,000
Profit and loss reserves
925,925
945,644
Total equity
1,425,925
1,445,644

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements were approved by the board of directors and authorised for issue on 3 July 2026 and are signed on its behalf by:
R N G Mathias
Director
Company Registration No. 01567452
Floramedia (UK) Limited
Notes to the Financial Statements
For the year ended 31 December 2025
Page 9
1
Accounting policies
Company information

Floramedia (UK) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Axis Two Brunel Way, Severalls Business Park, Colchester, Essex, CO4 9QX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and for a period of at least 12 months following approval of these financial statements. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year. For products, turnover is recognised upon receipt of delivery note from the production unit. For services, turnover is recognised upon delivery of the service elements.

1.4
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of trade and assets from another business over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a straight line basis over its expected life, which is 5 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.5
Intangible fixed assets other than goodwill

Intangible assets acquired are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives on the following basis:

Software
Straight line over 3 years
Database
Straight line over 20 years
Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
1
Accounting policies
(Continued)
Page 10
1.6
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings
Straight line over the life of the lease
Plant and machinery
20% and 33.3% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss accounts.

The company follows the capitalisation policy set out by the group. The policy for plant and machinery is to capitalise assets in excess of $25,000 (£18,600). For all other assets, assets in excess of $5,000 (£3,720) are capitalised.

1.7
Stock

Stock is valued at the lower of standard cost and net realisable value. Cost comprises direct costs incurred in bringing the stocks to their present location and condition. Net realisable value is the estimated selling price less all estimated costs of completion to be incurred in marketing, selling and distribution.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stock over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

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.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price and are subsequently carried at amortised cost.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
1
Accounting policies
(Continued)
Page 11
1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease d asset are consumed.

1.14
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
1
Accounting policies
(Continued)
Page 12
1.15
Exemptions for qualifying entities under FRS 102

The company has taken advantage of the following exemptions under the provisions of FRS 102:

(i) The requirements of Section 4 Statement of Financial Position paragraph 4.12(a)(iv) to prepare a reconciliation of the number of equity shares outstanding at the beginning and

at the end of the financial year;

(ii) The requirements of Section 7 Statement of Cash Flows and Section 3 Financial Statement Presentation paragraph 3.17 (d) to prepare a statement of cash flows;

(iii) The requirements of Section 11 paragraphs 11.39 to 11.48(a) and Section 12 paragraphs 12.26 to 12.29A, regarding disclosures for financial liabilities and assets, as the equivalent disclosures required by FRS 102 are included in the consolidated financial statements of the group in which the entity is consolidated; and

(iv) From disclosing the company key management personnel compensation, as required by paragraph 33.7; and

(v) The requirement of Section 33 Related Party Disclosures paragraph 33.9 to disclose related party transactions within other members of the group headed CCL Industries Inc.

1.16

Transfer pricing

The group charges transfer pricing adjustments to the company if EBIT (Earnings before interest and tax) falls outside 2.5% - 3.5% over turnover, to bring EBIT to 3% of turnover. The charge is recognised as an expense in the accounts in the period to which it relates.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
2
Judgements and key sources of estimation uncertainty
(Continued)
Page 13
Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Useful economic lives of intangible fixed assets

The annual amortisation charge for intangible fixed assets is sensitive to changes in the estimated lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. Goodwill impairment reviews are also performed annually. These reviews require an estimation of the value in use of the cash generating units to which goodwill has been allocated. See note 11 for the carrying amount of the intangible fixed assets and notes 1.4 and 1.5 for the useful economic lives for each class of asset.

Useful economic lives of tangible assets

The annual depreciation charge for tangible fixed assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets. See note 12 for the carrying amount of the tangible fixed assets and note 1.6 for the useful economic lives for each class of asset.

Stock provision

The level of stocks and the stock write down provision are £603,475 (2024: £703,969) and £292,300 (2024: £2 66,487) respectively. For each line of stock, a provision is made against the cost of the stock, in line with the group accounting manual, where the n et r ealisable v alue is less than cost. Net r ealisable v alue is the estimated selling price for stocks less all estimated costs of completion and costs necessary to make the sale. The estimated selling price for each stock line is a judg e ment based mainly on recent selling patterns for that product.

Bad debt provision

The level of the bad debt provision is £nil (2024: £nil). For each debt, a provision is made in line with the group accounting manual, where they provide for specific bad debts or create a general provision based on the following formula; f ull allowance for debts > 360 days; 75% allowance for debts 270-360 day s; 50% allowance for debts 180 - 270 days.

Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 14
3
Turnover and other revenue

An analysis of the company's turnover is as follows:

2025
2024
£
£
Turnover analysed by class of business
Sales
8,750,920
8,559,375
2025
2024
£
£
Turnover analysed by geographical market
United Kingdom
8,445,201
8,248,838
Rest of Europe
291,137
292,933
Rest of the World
14,582
17,604
8,750,920
8,559,375
2025
2024
£
£
Other significant revenue
Interest income
948
1,306
4
Operating profit
2025
2024
Operating profit for the year is stated after charging:
£
£
Exchange losses/(profits)
34,138
96,232
Depreciation of owned tangible fixed assets
40,071
17,918
Amortisation of intangible assets
5,741
5,741
Operating lease charges
79,945
83,020
5
Auditor's remuneration
2025
2024
Fees payable to the company's auditor and associates:
£
£
For audit services
Audit of the financial statements of the company
22,260
21,800
For other services
All other non-audit services
2,140
842
Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 15
6
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
36
35

Their aggregate remuneration comprised:

2025
2024
£
£
Wages and salaries
1,330,279
1,217,625
Social security costs
182,935
131,676
Pension costs
39,963
38,840
1,553,177
1,388,141
7
Directors' remuneration
2025
2024
£
£
Remuneration for qualifying services
124,958
91,029
Company pension contributions to defined contribution schemes
12,675
12,389
137,633
103,418

The number of directors for whom retirement benefits are accruing under defined contribution schemes amounted to 1 (2024 - 1).

8
Interest receivable and similar income
2025
2024
£
£
Interest income
Interest on bank deposits
948
1,306
Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 16
9
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
84,563
93,653
Adjustments in respect of prior periods
(27,110)
(2,024)
Total current tax
57,453
91,629
Deferred tax
Origination and reversal of timing differences
4,313
(706)
Total tax charge
61,766
90,923

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Profit before taxation
292,047
352,150
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2024: 25.00%)
73,012
88,038
Tax effect of expenses that are not deductible in determining taxable profit
11,551
5,615
Adjustments in respect of prior years
(27,110)
(2,024)
Deferred tax adjustments in respect of prior years
4,313
(706)
Taxation charge for the year
61,766
90,923
10
Dividends
2025
2024
£
£
Final paid
250,000
800,000
Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 17
11
Intangible fixed assets
Goodwill
Software
Database
Total
£
£
£
£
Cost
At 1 January 2025 and 31 December 2025
25,355
101,821
13,061
140,237
Amortisation and impairment
At 1 January 2025
5,071
101,821
12,057
118,949
Amortisation charged for the year
5,071
-
0
670
5,741
At 31 December 2025
10,142
101,821
12,727
124,690
Carrying amount
At 31 December 2025
15,213
-
0
334
15,547
At 31 December 2024
20,284
-
0
1,004
21,288
12
Tangible fixed assets
Land and buildings
Plant and machinery
Total
£
£
£
Cost
At 1 January 2025 and 31 December 2025
430,374
363,507
793,881
Depreciation and impairment
At 1 January 2025
392,233
294,498
686,731
Depreciation charged in the year
17,068
23,003
40,071
At 31 December 2025
409,301
317,501
726,802
Carrying amount
At 31 December 2025
21,073
46,006
67,079
At 31 December 2024
38,141
69,009
107,150
13
Stock
2025
2024
£
£
Finished goods and goods for resale
311,175
437,482
Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 18
14
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,099,448
2,098,958
Amounts due from fellow group undertakings
6,130
1,713
Other debtors
1,131
1,131
Prepayments and accrued income
36,413
39,401
2,143,122
2,141,203
Amounts falling due after one year:
Deferred tax asset (note 16)
86,246
90,559
Total debtors
2,229,368
2,231,762

15
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
143,369
192,502
Amounts owed to group undertakings
829,770
1,174,682
Corporation tax
84,563
93,654
Other taxation and social security
417,292
417,418
Accruals and deferred income
85,267
129,863
1,560,261
2,008,119

Included within accruals is a balance of £5,729 (2024: £5,545) due of unpaid pension contributions.

Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 19
16
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Assets
Assets
2025
2024
Balances:
£
£
Accelerated capital allowances
(11,861)
5,029
Tax losses
97,556
85,021
Other timing differences
551
509
86,246
90,559
2025
Movements in the year:
£
Asset at 1 January 2025
(90,559)
Charge to profit or loss
4,313
Asset at 31 December 2025
(86,246)

The deferred tax asset set out above is expected to reverse in the future and relates to the utilisation of provisions expected to be paid in the same period.

17
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
39,963
38,840

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

18
Share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
500,000
500,000
500,000
500,000

There is a single class of ordinary shares, there are no restrictions on distributions or repayment of capital.

Floramedia (UK) Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 20
19
Operating leases commitments

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2025
2024
£
£
Within one year
85,234
90,409
Between two and five years
244,546
302,252
In over five years
-
0
44,000
329,780
436,661
20
Controlling party

The company's immediate controlling party and parent undertaking is CCL Label Limited (registered in England and Wales).

CCL Industries (UK) Limited (registered in England and Wales), has a 100% interest in CCL Label Limited.

CCL International Inc (registered in England and Wales), has a 100% interest in CCL Industries (UK) Limited.

CCL Industries Inc, a corporation organised and existing under the laws of Canada, has a 100% interest in CCL International Inc.

The directors regard the company as being under the ultimate control of CCL Industries Inc.

21
Related party transactions

As a wholly owned subsidiary of CCL Label Limited, the company has elected to take advantage of the exemption from the requirements of FRS 102 to disclose transactions with other members of that group headed by CCL Label Limited.

The smallest group under which consolidated financial statements are being produced is headed by CCL Label Limited. Consolidated financial statements can be obtained from the registered office of CCL Label Limited of Pioneer Way, Castleford, Yorkshire, WF10 5QU.

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