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REGISTERED NUMBER: 07576955 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Multi Coat Print Finishers Limited

Multi Coat Print Finishers Limited (Registered number: 07576955)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Multi Coat Print Finishers Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr R I Littlestone





REGISTERED OFFICE: Unit 1, New Queen Street
Bedminster
Bristol
BS3 4AG





REGISTERED NUMBER: 07576955 (England and Wales)





ACCOUNTANTS: DansonOsborne Accountants Ltd
Chartered Certified Accountants
Aishling House
6a Hayes Road
Deanshanger
Milton Keynes
Buckinghamshire
MK19 6HW

Multi Coat Print Finishers Limited (Registered number: 07576955)

Abridged Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,000 10,000
Tangible assets 5 179,310 210,953
189,310 220,953

CURRENT ASSETS
Stocks 10,292 14,250
Debtors 1,094,679 977,658
Cash at bank 13,727 67,667
1,118,698 1,059,575
CREDITORS
Amounts falling due within one year 604,164 524,513
NET CURRENT ASSETS 514,534 535,062
TOTAL ASSETS LESS CURRENT
LIABILITIES

703,844

756,015

CREDITORS
Amounts falling due after more than
one year

43,531

116,331
NET ASSETS 660,313 639,684

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 660,213 639,584
SHAREHOLDERS' FUNDS 660,313 639,684

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Multi Coat Print Finishers Limited (Registered number: 07576955)

Abridged Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2024 and were signed by:





Mr R I Littlestone - Director


Multi Coat Print Finishers Limited (Registered number: 07576955)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Multi Coat Print Finishers 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.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Multi Coat Print Finishers Limited (Registered number: 07576955)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022
and 31 July 2023 10,000
NET BOOK VALUE

At 31 July 2023 10,000
At 31 July 2022 10,000

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022
and 31 July 2023 619,350
DEPRECIATION
At 1 August 2022 408,397
Charge for year 31,643
At 31 July 2023 440,040
NET BOOK VALUE
At 31 July 2023 179,310
At 31 July 2022 210,953