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REGISTERED NUMBER: 00568553 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

STONEBRIDGES PRINTERS LIMITED

STONEBRIDGES PRINTERS LIMITED (REGISTERED NUMBER: 00568553)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


STONEBRIDGES PRINTERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: P L Talbot
M K Talbot





REGISTERED OFFICE: Willow House
Shuttleworth Road
Elm Farm Industrial Estate
Bedford
Bedfordshire
MK41 0EP





REGISTERED NUMBER: 00568553 (England and Wales)





ACCOUNTANTS: GKP (Ampthill) Limited
Chartered Accountants
3 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW

STONEBRIDGES PRINTERS LIMITED (REGISTERED NUMBER: 00568553)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,941 28,260

CURRENT ASSETS
Stocks 154 879
Debtors 5 32,236 35,290
Cash at bank 7,821 19,829
40,211 55,998
CREDITORS
Amounts falling due within one year 6 35,744 30,457
NET CURRENT ASSETS 4,467 25,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,408

53,801

CREDITORS
Amounts falling due after more than one
year

7

(20,593

)

(30,237

)

PROVISIONS FOR LIABILITIES (2,373 ) (3,734 )
NET ASSETS 1,442 19,830

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings (18,558 ) (170 )
1,442 19,830

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

STONEBRIDGES PRINTERS LIMITED (REGISTERED NUMBER: 00568553)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 25 January 2024 and were signed on its behalf by:




P L Talbot - Director



M K Talbot - Director


STONEBRIDGES PRINTERS LIMITED (REGISTERED NUMBER: 00568553)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Stonebridges Printers 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 20% on cost and 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

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.

Pension costs
The company operates a money purchase pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

STONEBRIDGES PRINTERS LIMITED (REGISTERED NUMBER: 00568553)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2022 4,584 213,067 2,779
Additions - 1,800 -
At 30 June 2023 4,584 214,867 2,779
DEPRECIATION
At 1 July 2022 4,582 188,975 2,112
Charge for year - 9,182 66
At 30 June 2023 4,582 198,157 2,178
NET BOOK VALUE
At 30 June 2023 2 16,710 601
At 30 June 2022 2 24,092 667

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 14,871 15,335 250,636
Additions - - 1,800
At 30 June 2023 14,871 15,335 252,436
DEPRECIATION
At 1 July 2022 11,386 15,321 222,376
Charge for year 871 - 10,119
At 30 June 2023 12,257 15,321 232,495
NET BOOK VALUE
At 30 June 2023 2,614 14 19,941
At 30 June 2022 3,485 14 28,260

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 26,823 30,914
Other debtors 695 695
Prepayments and accrued income 4,718 3,681
32,236 35,290

STONEBRIDGES PRINTERS LIMITED (REGISTERED NUMBER: 00568553)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,200 10,250
Hire purchase contracts - 1,225
Trade creditors 15,744 10,422
Social security and other taxes 1,350 2,416
VAT 1,795 1,878
Other creditors 2,745 1,264
Accruals and deferred income 3,910 3,002
35,744 30,457

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,050 10,150
Bank loans - 2-5 years 10,543 20,087
20,593 30,237

The bank loan relates to a Business Bounce Back Loan which is supported by the Government. No interest is due in year one of the loan,with interest being charged at 2.5% thereafter.

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within 'Other debtors' is an amount of £695 (2022 - £695) due from P L Talbot, director. During the year repayments of £Nil were made in respect of this loan. The loan is interest free (2022: £Nil) and there are no set repayment terms.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P L Talbot.