Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-30the provision of printing and allied servicesfalse2022-07-0166truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02357458 2022-07-01 2023-06-30 02357458 2021-07-01 2022-06-30 02357458 2023-06-30 02357458 2022-06-30 02357458 2021-07-01 02357458 c:Director1 2022-07-01 2023-06-30 02357458 d:Buildings 2022-07-01 2023-06-30 02357458 d:Buildings 2023-06-30 02357458 d:Buildings 2022-06-30 02357458 d:Buildings d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 02357458 d:PlantMachinery 2022-07-01 2023-06-30 02357458 d:PlantMachinery 2023-06-30 02357458 d:PlantMachinery 2022-06-30 02357458 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 02357458 d:MotorVehicles 2022-07-01 2023-06-30 02357458 d:FurnitureFittings 2022-07-01 2023-06-30 02357458 d:OfficeEquipment 2022-07-01 2023-06-30 02357458 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 02357458 d:CurrentFinancialInstruments 2023-06-30 02357458 d:CurrentFinancialInstruments 2022-06-30 02357458 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 02357458 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 02357458 d:ShareCapital 2023-06-30 02357458 d:ShareCapital 2022-06-30 02357458 d:ShareCapital 2021-07-01 02357458 d:SharePremium 2023-06-30 02357458 d:SharePremium 2022-06-30 02357458 d:SharePremium 2021-07-01 02357458 d:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 02357458 d:RetainedEarningsAccumulatedLosses 2023-06-30 02357458 d:RetainedEarningsAccumulatedLosses 2021-07-01 2022-06-30 02357458 d:RetainedEarningsAccumulatedLosses 2022-06-30 02357458 d:RetainedEarningsAccumulatedLosses 2021-07-01 02357458 c:FRS102 2022-07-01 2023-06-30 02357458 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 02357458 c:FullAccounts 2022-07-01 2023-06-30 02357458 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 02357458 2 2022-07-01 2023-06-30 02357458 e:PoundSterling 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 02357458










RECYCLE PRINT AND DESIGN LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
RECYCLE PRINT AND DESIGN LIMITED
REGISTERED NUMBER: 02357458

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
441,307
427,460

  
441,307
427,460

Current assets
  

Stocks
  
9,764
8,350

Debtors: amounts falling due within one year
 5 
281,731
343,165

Cash at bank and in hand
 6 
757,507
673,185

  
1,049,002
1,024,700

Creditors: amounts falling due within one year
 7 
(212,446)
(187,448)

Net current assets
  
 
 
836,556
 
 
837,252

  

Net assets
  
1,277,863
1,264,712


Capital and reserves
  

Called up share capital 
  
442
442

Share premium account
  
7,828
7,828

Profit and loss account
  
1,269,593
1,256,442

  
1,277,863
1,264,712


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 July 2024.

B. Dare
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 1

 
RECYCLE PRINT AND DESIGN LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2023


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£


At 1 July 2021
442
7,828
1,244,636
1,252,906


Comprehensive income for the year

Profit for the year
-
-
40,978
40,978

Dividends: Equity capital
-
-
(29,172)
(29,172)



At 1 July 2022
442
7,828
1,256,442
1,264,712


Comprehensive income for the year

Profit for the year
-
-
42,765
42,765

Dividends: Equity capital
-
-
(29,614)
(29,614)


At 30 June 2023
442
7,828
1,269,593
1,277,863


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
RECYCLE PRINT AND DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Recycle Print and Design Limited is a private company limited by share capital, incorporated in England and Wales, registration number 02357458. The address of the registered office is Oakwood House, Swain Industrial Estate, Ashington Road, Rochford, Essex SS4 1RG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

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.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
RECYCLE PRINT AND DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2%
Plant and machinery
-
25%
Motor vehicles
-
25%
Fixtures and fittings
-
25%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

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

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short term creditors are measured at the transaction price.

 
2.10

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
RECYCLE PRINT AND DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2022 - 6).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Total

£
£
£



Cost


At 1 July 2022
584,988
790,426
1,375,414


Additions
-
55,400
55,400



At 30 June 2023

584,988
845,826
1,430,814



Depreciation


At 1 July 2022
214,523
733,431
947,954


Charge for the year on owned assets
11,700
29,853
41,553



At 30 June 2023

226,223
763,284
989,507



Net book value



At 30 June 2023
358,765
82,542
441,307



At 30 June 2022
370,465
56,995
427,460


5.


Debtors

2023
2022
£
£


Trade debtors
238,593
305,587

Other debtors
34,231
37,578

Prepayments and accrued income
8,907
-

281,731
343,165


Page 5

 
RECYCLE PRINT AND DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
757,507
673,185

757,507
673,185



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
164,714
170,400

Corporation tax
10,334
3,542

Other taxation and social security
24,341
5,633

Other creditors
6,245
1,375

Accruals and deferred income
6,812
6,498

212,446
187,448


 
Page 6