REGISTERED NUMBER: 06081605 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 28 February 2023

for

Corporate Graphics Ltd

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Mrs J Pleace

M Pleace

SECRETARY:

M Pleace

REGISTERED OFFICE:

68 The Street,

Boughton Under Blean

Canterbury

Kent

ME13 9AS

REGISTERED NUMBER:

06081605 (England and Wales)

ACCOUNTANTS:

I.B.C.

Suite 1, Unit C3

Knights Park Industrial Estate

Knight Road

Rochester

Kent

ME2 2LS

The directors present their report with the financial statements of the company for the year ended 28 February 2023.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 March 2022 to the date of this report.

Mrs J Pleace

M Pleace

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M Pleace - Director

3 October 2023

TURNOVER

123,699

139,399

Cost of sales

33,437

63,255

GROSS PROFIT

90,262

76,144

Administrative expenses

28,330

37,060

OPERATING PROFIT and

PROFIT BEFORE TAXATION

61,932

39,084

Tax on profit

11,664

7,704

PROFIT FOR THE FINANCIAL YEAR

50,268

31,380

FIXED ASSETS

Investments

5

52

52

CURRENT ASSETS

Debtors

6

28,710

25,620

Cash at bank and in hand

43,807

47,829

72,517

73,449

CREDITORS

Amounts falling due within one year

7

68,445

70,645

NET CURRENT ASSETS

4,072

2,804

TOTAL ASSETS LESS CURRENT LIABILITIES

4,124

2,856

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,024

2,756

SHAREHOLDERS' FUNDS

4,124

2,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 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 October 2023 and were signed on its behalf by:

M Pleace - Director

1.	STATUTORY INFORMATION

Corporate Graphics Ltd 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4.

DIVIDENDS

28.2.23

28.2.22

£

£

Final

49,000

31,000

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

28.2.23

28.2.22

£

£

Formation Costs

52

52

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Trade debtors

21,492

25,620

Other debtors

7,218

-

28,710

25,620

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Tax

11,664

7,704

VAT

3,421

4,671

Directors' loan accounts

50,400

55,502

Accrued expenses

2,960

2,768

68,445

70,645