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REGISTERED NUMBER: SC293495 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

ST BERNARDS PRINT LTD

ST BERNARDS PRINT LTD (REGISTERED NUMBER: SC293495)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ST BERNARDS PRINT LTD

COMPANY INFORMATION
for the year ended 30 November 2023







DIRECTOR: Mrs C Hagart



SECRETARY: Mrs C Hagart



REGISTERED OFFICE: San Remo
3 Barnton Grove
Edinburgh
Lothians
EH4 6EQ



BUSINESS ADDRESS: 15a Howe Street
Edinburgh
EH3 6TE



REGISTERED NUMBER: SC293495 (Scotland)



ACCOUNTANTS: Mitchell Edwards
Chartered Certified Accountants
24A Ainslie Place
Edinburgh
EH3 6AJ



BANKERS: The Royal Bank of Scotland plc
Edinburgh West End Office
142 - 144 Princes Street
Edinburgh
EH2 4EQ



SOLICITORS: Brodies LLP Solicitors
15 Atholl Crescent
Edinburgh
EH3 8HA

ST BERNARDS PRINT LTD (REGISTERED NUMBER: SC293495)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 14,934 20,425
14,934 20,425

CURRENT ASSETS
Stocks 5,288 3,355
Debtors 6 34,184 34,445
Cash at bank and in hand 81,367 79,964
120,839 117,764
CREDITORS
Amounts falling due within one year 7 73,234 82,989
NET CURRENT ASSETS 47,605 34,775
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,539

55,200

CREDITORS
Amounts falling due after more than one year 8 (15,661 ) (25,001 )

PROVISIONS FOR LIABILITIES (2,652 ) (3,654 )
NET ASSETS 44,226 26,545

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 44,225 26,544
SHAREHOLDERS' FUNDS 44,226 26,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ST BERNARDS PRINT LTD (REGISTERED NUMBER: SC293495)

BALANCE SHEET - continued
30 November 2023


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 director and authorised for issue on 1 April 2024 and were signed by:





Mrs C Hagart - Director


ST BERNARDS PRINT LTD (REGISTERED NUMBER: SC293495)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2023


1. STATUTORY INFORMATION

St Bernards Print Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest £.

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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount which was paid in connection with the acquisition of a business in 2005, was amortised evenly over its useful life of five years.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% 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.

Financial instruments
Bank and other loans are shown at amortised cost, with interest and up front charges in connection with the loans being allocated to accounting periods by applying the effective interest rate method.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

ST BERNARDS PRINT LTD (REGISTERED NUMBER: SC293495)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 60,922
AMORTISATION
At 1 December 2022
and 30 November 2023 60,922
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 124,689
DEPRECIATION
At 1 December 2022 104,264
Charge for year 5,491
At 30 November 2023 109,755
NET BOOK VALUE
At 30 November 2023 14,934
At 30 November 2022 20,425


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 29,543 29,647
Other debtors 4,641 4,798
34,184 34,445

ST BERNARDS PRINT LTD (REGISTERED NUMBER: SC293495)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,119 10,648
Trade creditors 6,157 9,336
Taxation and social security 8,461 14,977
Other creditors 48,497 48,028
73,234 82,989

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 15,661 25,001

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 20,000 20,000
Between one and five years 25,000 45,000
45,000 65,000

10. BOUNCE BACK LOAN SCHEME

The company borrowed £50,000 under the Governments Bounce Back Loan Scheme. Under the scheme the Government provides the bank with a guarantee that the loan will be repaid in full. Interest is charged at the rate of 2.5% and the loan is repayable by installments as detailed below.

2023 2022
£    £   
< 1 year 10,119 10,648
2-5 years 15,661 25,002
> 5 years - -
25,780 35,650