2022-08-01 2023-07-31 false Capium Accounts Production 1.1 02378967 bus:FullAccounts 2022-08-01 2023-07-31 02378967 bus:FRS102 2022-08-01 2023-07-31 02378967 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 02378967 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 02378967 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 02378967 2022-08-01 2023-07-31 02378967 2023-07-31 02378967 bus:RegisteredOffice 2022-08-01 2023-07-31 02378967 core:WithinOneYear 2023-07-31 02378967 core:AfterOneYear 2023-07-31 02378967 bus:Director1 2022-08-01 2023-07-31 02378967 bus:Director1 2023-07-31 02378967 bus:Director1 2021-08-01 2022-07-31 02378967 2021-08-01 02378967 bus:CompanySecretary1 2022-08-01 2023-07-31 02378967 bus:LeadAgentIfApplicable 2022-08-01 2023-07-31 02378967 2021-08-01 2022-07-31 02378967 2022-07-31 02378967 core:WithinOneYear 2022-07-31 02378967 core:AfterOneYear 2022-07-31 02378967 bus:EntityAccountantsOrAuditors 2021-08-01 2022-07-31 02378967 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 02378967 bus:OrdinaryShareClass1 2023-07-31 02378967 bus:OrdinaryShareClass1 2021-08-01 2022-07-31 02378967 bus:OrdinaryShareClass1 2022-07-31 02378967 core:PlantMachinery 2022-08-01 2023-07-31 02378967 core:PlantMachinery 2023-07-31 02378967 core:PlantMachinery 2022-07-31 02378967 core:FurnitureFittings 2022-08-01 2023-07-31 02378967 core:FurnitureFittings 2023-07-31 02378967 core:FurnitureFittings 2022-07-31 02378967 core:ComputerEquipment 2022-08-01 2023-07-31 02378967 core:ComputerEquipment 2023-07-31 02378967 core:ComputerEquipment 2022-07-31 02378967 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 02378967 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-07-31 02378967 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 02378967 core:CostValuation core:Non-currentFinancialInstruments 2022-07-31 02378967 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-07-31 02378967 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 02378967 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 02378967 core:Non-currentFinancialInstruments 2023-07-31 02378967 core:Non-currentFinancialInstruments 2022-07-31 02378967 core:ShareCapital 2023-07-31 02378967 core:ShareCapital 2022-07-31 02378967 core:RetainedEarningsAccumulatedLosses 2023-07-31 02378967 core:RetainedEarningsAccumulatedLosses 2022-07-31 02378967 dpl:Item1 2022-08-01 02378967 dpl:Item1 2023-07-31 02378967 dpl:Item1 2021-08-01 02378967 dpl:Item1 2022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 02378967
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 July 2023

for

P. WARRINGTON ENGRAVERS LIMITED

 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 4,142    5,523 
4,142    5,523 
Current assets      
Stocks 4 2,551    3,751 
Debtors 5 73,867    100,137 
Cash at bank and in hand 155,832    133,815 
232,250    237,703 
Creditors: amount falling due within one year 6 (28,786)   (34,723)
Net current assets 203,464    202,980 
 
Total assets less current liabilities 207,606    208,503 
Creditors: amount falling due after more than one year 7 (27,866)   (38,514)
Provisions for liabilities 8 (1,261)   (1,772)
Net assets 178,479    168,217 
 

Capital and reserves
     
Called up share capital 9 1,000    1,000 
Profit and loss account 177,479    167,217 
Shareholder's funds 178,479    168,217 
 


For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 15 February 2024 and were signed by:


-------------------------------
G Williams
Director
1
General Information
P. Warrington Engravers Limited is a private company, limited by shares, registered in England and Wales, registration number 02378967, registration address 7 Key Hill Drive, Birmingham, West Midlands, B18 5NY.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade 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.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
Fixtures and Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Debtors and creditors receivable/ payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in the other administrative expenses.
Cash and cash equivalents
Cash at bank and in hand 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.
2.

Average number of employees

Average number of employees during the year was 5 (2022 : 6).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 August 2022 125,101    22,646    13,041    160,788 
Additions      
Disposals      
At 31 July 2023 125,101    22,646    13,041    160,788 
Depreciation
At 01 August 2022 121,033    22,603    11,629    155,265 
Charge for year 1,017    11    353    1,381 
On disposals      
At 31 July 2023 122,050    22,614    11,982    156,646 
Net book values
Closing balance as at 31 July 2023 3,051    32    1,059    4,142 
Opening balance as at 01 August 2022 4,068    43    1,412    5,523 


4.

Stocks

2023
£
  2022
£
Stocks 2,551    3,751 
2,551    3,751 

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 69,461    96,086 
Other Debtors 7,933    4,051 
77,394    100,137 

5.

Debtors: amounts falling due after one year

2023
£
  2022
£
Trade Debtors (3,527)  
Other Debtors  
(3,527)  

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 6,665    1,353 
Taxation and Social Security 21,589    22,628 
Other Creditors 532    10,742 
28,786    34,723 

7.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Bank Loans & Overdrafts 27,766    38,414 
Other Creditors 100    100 
27,866    38,514 

8.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax 787    1,050 
Pension Provisions 474    722 
1,261    1,772 

9.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
1,000 Class A shares of £1.00 each 1,000    1,000 
1,000    1,000 

2