2023-04-012024-03-312024-03-31false13974748GKS GRAPHICS LTD2024-08-06iso4217:GBPxbrli:pure139747482023-04-01139747482024-03-31139747482023-04-012024-03-31139747482022-03-14139747482023-03-31139747482022-03-142023-03-3113974748bus:SmallEntities2023-04-012024-03-3113974748bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3113974748bus:AbridgedAccounts2023-04-012024-03-3113974748bus:PrivateLimitedCompanyLtd2023-04-012024-03-3113974748core:WithinOneYear2024-03-3113974748core:AfterOneYear2024-03-3113974748core:WithinOneYear2023-03-3113974748core:AfterOneYear2023-03-3113974748core:ShareCapital2024-03-3113974748core:SharePremium2024-03-3113974748core:RevaluationReserve2024-03-3113974748core:OtherReservesSubtotal2024-03-3113974748core:RetainedEarningsAccumulatedLosses2024-03-3113974748core:ShareCapital2023-03-3113974748core:SharePremium2023-03-3113974748core:RevaluationReserve2023-03-3113974748core:OtherReservesSubtotal2023-03-3113974748core:RetainedEarningsAccumulatedLosses2023-03-3113974748core:LandBuildings2024-03-3113974748core:PlantMachinery2024-03-3113974748core:Vehicles2024-03-3113974748core:FurnitureFittings2024-03-3113974748core:OfficeEquipment2024-03-3113974748core:NetGoodwill2024-03-3113974748core:IntangibleAssetsOtherThanGoodwill2024-03-3113974748core:ListedExchangeTraded2024-03-3113974748core:UnlistedNon-exchangeTraded2024-03-3113974748core:LandBuildings2023-03-3113974748core:PlantMachinery2023-03-3113974748core:Vehicles2023-03-3113974748core:FurnitureFittings2023-03-3113974748core:OfficeEquipment2023-03-3113974748core:NetGoodwill2023-03-3113974748core:IntangibleAssetsOtherThanGoodwill2023-03-3113974748core:ListedExchangeTraded2023-03-3113974748core:UnlistedNon-exchangeTraded2023-03-3113974748core:LandBuildings2023-04-012024-03-3113974748core:PlantMachinery2023-04-012024-03-3113974748core:Vehicles2023-04-012024-03-3113974748core:FurnitureFittings2023-04-012024-03-3113974748core:OfficeEquipment2023-04-012024-03-3113974748core:NetGoodwill2023-04-012024-03-3113974748core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113974748core:ListedExchangeTraded2023-04-012024-03-3113974748core:UnlistedNon-exchangeTraded2023-04-012024-03-3113974748core:MoreThanFiveYears2023-04-012024-03-3113974748core:Non-currentFinancialInstruments2024-03-3113974748core:Non-currentFinancialInstruments2023-03-3113974748dpl:CostSales2023-04-012024-03-3113974748dpl:DistributionCosts2023-04-012024-03-3113974748core:LandBuildings2023-04-012024-03-3113974748core:PlantMachinery2023-04-012024-03-3113974748core:Vehicles2023-04-012024-03-3113974748core:FurnitureFittings2023-04-012024-03-3113974748core:OfficeEquipment2023-04-012024-03-3113974748dpl:AdministrativeExpenses2023-04-012024-03-3113974748core:NetGoodwill2023-04-012024-03-3113974748core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113974748dpl:GroupUndertakings2023-04-012024-03-3113974748dpl:ParticipatingInterests2023-04-012024-03-3113974748dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3113974748core:ListedExchangeTraded2023-04-012024-03-3113974748dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3113974748core:UnlistedNon-exchangeTraded2023-04-012024-03-3113974748dpl:CostSales2022-03-142023-03-3113974748dpl:DistributionCosts2022-03-142023-03-3113974748core:LandBuildings2022-03-142023-03-3113974748core:PlantMachinery2022-03-142023-03-3113974748core:Vehicles2022-03-142023-03-3113974748core:FurnitureFittings2022-03-142023-03-3113974748core:OfficeEquipment2022-03-142023-03-3113974748dpl:AdministrativeExpenses2022-03-142023-03-3113974748core:NetGoodwill2022-03-142023-03-3113974748core:IntangibleAssetsOtherThanGoodwill2022-03-142023-03-3113974748dpl:GroupUndertakings2022-03-142023-03-3113974748dpl:ParticipatingInterests2022-03-142023-03-3113974748dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-142023-03-3113974748core:ListedExchangeTraded2022-03-142023-03-3113974748dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-142023-03-3113974748core:UnlistedNon-exchangeTraded2022-03-142023-03-3113974748core:NetGoodwill2024-03-3113974748core:IntangibleAssetsOtherThanGoodwill2024-03-3113974748core:LandBuildings2024-03-3113974748core:PlantMachinery2024-03-3113974748core:Vehicles2024-03-3113974748core:FurnitureFittings2024-03-3113974748core:OfficeEquipment2024-03-3113974748core:AfterOneYear2024-03-3113974748core:WithinOneYear2024-03-3113974748core:ListedExchangeTraded2024-03-3113974748core:UnlistedNon-exchangeTraded2024-03-3113974748core:ShareCapital2024-03-3113974748core:SharePremium2024-03-3113974748core:RevaluationReserve2024-03-3113974748core:OtherReservesSubtotal2024-03-3113974748core:RetainedEarningsAccumulatedLosses2024-03-3113974748core:NetGoodwill2023-03-3113974748core:IntangibleAssetsOtherThanGoodwill2023-03-3113974748core:LandBuildings2023-03-3113974748core:PlantMachinery2023-03-3113974748core:Vehicles2023-03-3113974748core:FurnitureFittings2023-03-3113974748core:OfficeEquipment2023-03-3113974748core:AfterOneYear2023-03-3113974748core:WithinOneYear2023-03-3113974748core:ListedExch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GKS GRAPHICS LTD

Registered Number
13974748
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

GKS GRAPHICS LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Clare Scammell

Registered Address

Unit 6 2 Perry Way
Witham
CM8 3SX

Registered Number

13974748 (England and Wales)
GKS GRAPHICS LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets35,7225,651
5,7225,651
Current assets
Stocks3,5774,352
Debtors41,3881,578
Cash at bank and on hand3,0862,333
8,0518,263
Creditors amounts falling due within one year5(15,190)(15,258)
Net current assets (liabilities)(7,139)(6,995)
Total assets less current liabilities(1,417)(1,344)
Net assets(1,417)(1,344)
Capital and reserves
Called up share capital101101
Profit and loss account(1,518)(1,445)
Shareholders' funds(1,417)(1,344)
The financial statements were approved and authorised for issue by the Board of Directors on 6 August 2024, and are signed on its behalf by:
Clare Scammell
Director
Registered Company No. 13974748
GKS GRAPHICS LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Turnover policy
Turnover comprises the fair value of the consideration received or receivable for the sale of goods/provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.
Tangible fixed assets and depreciation
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Straight line (years)
Plant and machinery4
Fixtures and fittings5
Office Equipment3
Stocks and work in progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognized immediately in profit or loss
Trade and other debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade and other creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 237,584
Additions2,178
At 31 March 249,762
Depreciation and impairment
At 01 April 231,933
Charge for year2,107
At 31 March 244,041
Net book value
At 31 March 245,722
At 31 March 235,651
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables1,3881,578
Total1,3881,578
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables734648
Taxation and social security1,272570
Other creditors13,18414,040
Total15,19015,258
6.Share capital
The company has issued share capital of 100 ordinary A shares of £1 each and 1 B share of £1. There have been no changes in the year.