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Company Registration No. 07356196 (England and Wales)
Copyprintscan Ltd Unaudited accounts for the year ended 30 April 2024
Copyprintscan Ltd Unaudited accounts Contents
Page
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Copyprintscan Ltd Company Information for the year ended 30 April 2024
Directors
Richard Leek Andrew Thompson Karen Leek
Company Number
07356196 (England and Wales)
Registered Office
Carpenter Court 1 Maple Road Stockport SK7 2DH United Kingdom
Accountants
Symmetry Accounting Services Limited 124 Hungerhill Road Rotherham South Yorkshire S61 3NP
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Copyprintscan Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
135,692 
146,008 
Current assets
Inventories
156,696 
73,043 
Debtors
117,229 
163,013 
Cash at bank and in hand
135,384 
133,058 
409,309 
369,114 
Creditors: amounts falling due within one year
(234,597)
(236,888)
Net current assets
174,712 
132,226 
Total assets less current liabilities
310,404 
278,234 
Creditors: amounts falling due after more than one year
(75,858)
(81,624)
Provisions for liabilities
Deferred tax
(11,450)
(18,392)
Net assets
223,096 
178,218 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
222,996 
178,118 
Shareholders' funds
223,096 
178,218 
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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 FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 June 2024 and were signed on its behalf by
Richard Leek Director Company Registration No. 07356196
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Copyprintscan Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Copyprintscan Ltd is a private company, limited by shares, registered in England and Wales, registration number 07356196. The registered office is Carpenter Court, 1 Maple Road, Stockport, SK7 2DH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Copyprintscan Ltd Notes to the Accounts for the year ended 30 April 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
100,129 
113,727 
47,601 
103,893 
365,350 
Additions
5,544 
31,790 
- 
15,630 
52,964 
Disposals
- 
(20,879)
- 
(24,329)
(45,208)
At 30 April 2024
105,673 
124,638 
47,601 
95,194 
373,106 
Depreciation
At 1 May 2023
79,712 
44,311 
44,566 
50,753 
219,342 
Charge for the year
6,490 
23,099 
759 
14,882 
45,230 
On disposals
- 
(12,071)
- 
(15,087)
(27,158)
At 30 April 2024
86,202 
55,339 
45,325 
50,548 
237,414 
Net book value
At 30 April 2024
19,471 
69,299 
2,276 
44,646 
135,692 
At 30 April 2023
20,417 
69,416 
3,035 
53,140 
146,008 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
67,192 
66,607 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
108,766 
154,117 
Accrued income and prepayments
8,463 
8,896 
117,229 
163,013 
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Copyprintscan Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,255 
9,614 
VAT
49,948 
54,307 
Obligations under finance leases and hire purchase contracts
18,063 
16,361 
Trade creditors
33,178 
38,520 
Taxes and social security
121,838 
110,809 
Other creditors
1,138 
3,688 
Loans from directors
177 
19 
Accruals
- 
3,570 
234,597 
236,888 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,652 
27,907 
Obligations under finance leases and hire purchase contracts
58,206 
53,717 
75,858 
81,624 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
75 Ordinary shares of £1 each
75 
75 
25 Ordinary A shares of £1 each
25 
25 
100 
100 
9
Transactions with related parties
Dividends of £298,000 were paid to key management personnel during the year (2023: £283,200).
10
Controlling party
Due to his shareholding, Mr Richard Leek is the controlling party.
11
Average number of employees
During the year the average number of employees was 12 (2023: 14).
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