PRINT, DIRECT MAIL AND FULFILMENT LTD

Company Registration Number:
15052906 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 7 August 2023

End date: 31 July 2024

PRINT, DIRECT MAIL AND FULFILMENT LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes

PRINT, DIRECT MAIL AND FULFILMENT LTD

Balance sheet

As at 31 July 2024

Notes 2024


£
Current assets
Debtors: 3 64,707
Cash at bank and in hand: 14,393
Total current assets: 79,100
Creditors: amounts falling due within one year: 4 ( 24,600 )
Net current assets (liabilities): 54,500
Total assets less current liabilities: 54,500
Total net assets (liabilities): 54,500
Capital and reserves
Called up share capital: 1
Profit and loss account: 54,499
Total Shareholders' funds: 54,500

The notes form part of these financial statements

PRINT, DIRECT MAIL AND FULFILMENT LTD

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 7 August 2024
and signed on behalf of the board by:

Name: R J Metcalf
Status: Director

The notes form part of these financial statements

PRINT, DIRECT MAIL AND FULFILMENT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at fair value of the consideration received or receivable, net of discounts and value added tax. Turnover comprises revenue earned from from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract where the amount of revenue from the contract can be measured reliably and it is probable that economic benefits associated with the contract will flow to the company.

    Other accounting policies

    Taxation The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. Current tax is recognised for the amount of corporation tax payable in respect of the taxable profit for the year using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Debtors Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method, less any impairment. Cash at bank and in hand Cash at bank and in hand comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Creditors Short term creditors are measured at transaction price. Foreign currency Transactions in foreign currency are translated at the spot rate at the date of the transactions. Assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange at the balance sheet date. All exchange differences are taken to the to the profit and loss account.

PRINT, DIRECT MAIL AND FULFILMENT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024
    Average number of employees during the period 1

PRINT, DIRECT MAIL AND FULFILMENT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Debtors

2024
£
Trade debtors 28,606
Other debtors 36,101
Total 64,707

PRINT, DIRECT MAIL AND FULFILMENT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024
£
Trade creditors 25
Taxation and social security 23,075
Accruals and deferred income 1,500
Total 24,600

PRINT, DIRECT MAIL AND FULFILMENT LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Loans to directors

During the period, an interest free short term loan of £36,500 was made to the director. At 31 July 2024, the amount of the loan outstanding was £36,101 which has been repaid in full since the end of the reporting period.