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REGISTERED NUMBER: 04973067 (England and Wales)















On Demand Print Services Limited
Trading as
On Demand Print Solutions Limited

Unaudited Financial Statements

for the Year Ended 30th November 2023






On Demand Print Services Limited (Registered number: 04973067)
Trading as On Demand Print Solutions Limited






Contents of the Financial Statements
for the year ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


On Demand Print Services Limited
Trading as On Demand Print Solutions Limited

Company Information
for the year ended 30th November 2023







DIRECTORS: S Holdcroft
Mrs T Holdcroft





SECRETARY: Mrs T Holdcroft





REGISTERED OFFICE: 1a Spinney View
Round Spinney
Northampton
NN3 8RF





REGISTERED NUMBER: 04973067 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

On Demand Print Services Limited (Registered number: 04973067)
Trading as On Demand Print Solutions Limited

Balance Sheet
30th November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 710,082 744,351

CURRENT ASSETS
Stocks 38,785 55,607
Debtors 5 464,905 445,643
Cash at bank 56,408 -
560,098 501,250
CREDITORS
Amounts falling due within one year 6 667,608 643,090
NET CURRENT LIABILITIES (107,510 ) (141,840 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

602,572

602,511

CREDITORS
Amounts falling due after more than one
year

7

(49,338

)

(84,659

)

PROVISIONS FOR LIABILITIES (95,000 ) (95,000 )
NET ASSETS 458,234 422,852

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 458,134 422,752
SHAREHOLDERS' FUNDS 458,234 422,852

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

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

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 9th August 2024 and were signed on its behalf by:




S Holdcroft - Director


On Demand Print Services Limited (Registered number: 04973067)
Trading as On Demand Print Solutions Limited

Notes to the Financial Statements
for the year ended 30th November 2023

1. STATUTORY INFORMATION

On Demand Print Services 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost, 20% on cost, 15% on cost, 15% on reducing balance and 10% 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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

On Demand Print Services Limited (Registered number: 04973067)
Trading as On Demand Print Solutions Limited

Notes to the Financial Statements - continued
for the year ended 30th November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 20 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2022 1,397,545
Additions 47,102
Disposals (5,645 )
At 30th November 2023 1,439,002
DEPRECIATION
At 1st December 2022 654,274
Charge for year 76,160
Eliminated on disposal (1,514 )
At 30th November 2023 728,920
NET BOOK VALUE
At 30th November 2023 710,082
At 30th November 2022 743,271

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st December 2022 584,750
Transfer to ownership (531,850 )
At 30th November 2023 52,900
DEPRECIATION
At 1st December 2022 249,975
Charge for year 4,186
Transfer to ownership (232,903 )
At 30th November 2023 21,258
NET BOOK VALUE
At 30th November 2023 31,642
At 30th November 2022 334,775

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 446,730 429,383
Other debtors 18,175 16,260
464,905 445,643

On Demand Print Services Limited (Registered number: 04973067)
Trading as On Demand Print Solutions Limited

Notes to the Financial Statements - continued
for the year ended 30th November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 196,447 129,810
Hire purchase contracts 5,354 43,103
Trade creditors 406,249 367,090
Taxation and social security 47,310 24,419
Other creditors 12,248 78,668
667,608 643,090

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 49,338 80,009
Hire purchase contracts - 4,650
49,338 84,659

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 5,354 47,753

9. CONTINGENT LIABILITIES

There were no contingent liabilities as at 30th November 2023 or as at 30th November 2022.

10. CAPITAL COMMITMENTS

There were no capital commitments as at 30th November 2023 or as at 30th November 2022.

11. ULTIMATE CONTROLLING PARTY

The controlling party is S Holdcroft.