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Company Registration No. 10537246 (England and Wales)
Indigo Graphics Ltd Unaudited accounts for the year ended 31 March 2024
Indigo Graphics Ltd Unaudited accounts Contents
Page
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Indigo Graphics Ltd Company Information for the year ended 31 March 2024
Director
Michael Ellison
Company Number
10537246 (England and Wales)
Registered Office
St. Cross Business Park 1 The Brook, Monks Brook Newport Isle of Wight PO30 5WU
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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Indigo Graphics Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
149,910 
153,932 
Current assets
Inventories
71,640 
73,692 
Debtors
60,956 
49,249 
Cash at bank and in hand
7,847 
6,157 
140,443 
129,098 
Creditors: amounts falling due within one year
(217,275)
(135,036)
Net current liabilities
(76,832)
(5,938)
Total assets less current liabilities
73,078 
147,994 
Creditors: amounts falling due after more than one year
(174,121)
(114,574)
Net (liabilities)/assets
(101,043)
33,420 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(101,045)
33,418 
Shareholders' funds
(101,043)
33,420 
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 3 September 2024 and were signed on its behalf by
Michael Ellison Director Company Registration No. 10537246
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Indigo Graphics Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Indigo Graphics Ltd is a private company, limited by shares, registered in England and Wales, registration number 10537246. The registered office is St. Cross Business Park, 1 The Brook, Monks Brook, Newport, Isle of Wight, PO30 5WU.
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.
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
20% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
275,521 
2,806 
278,327 
Additions
53,561 
6,880 
60,441 
Disposals
(9,857)
- 
(9,857)
At 31 March 2024
319,225 
9,686 
328,911 
Depreciation
At 1 April 2023
123,565 
830 
124,395 
Charge for the year
58,912 
1,937 
60,849 
On disposals
(6,243)
- 
(6,243)
At 31 March 2024
176,234 
2,767 
179,001 
Net book value
At 31 March 2024
142,991 
6,919 
149,910 
At 31 March 2023
151,956 
1,976 
153,932 
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Indigo Graphics Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
3,169 
Trade debtors
46,060 
35,570 
Amounts due from group undertakings etc.
11,904 
7,018 
Accrued income and prepayments
2,992 
2,992 
Other debtors
- 
500 
60,956 
49,249 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
16,165 
- 
VAT
4,178 
- 
Obligations under finance leases and hire purchase contracts
48,696 
27,274 
Trade creditors
63,023 
45,054 
Taxes and social security
3,757 
4,397 
Other creditors
22,918 
7,728 
Loans from directors
57,363 
49,433 
Accruals
1,175 
1,150 
217,275 
135,036 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
52,537 
36,431 
Obligations under finance leases and hire purchase contracts
121,584 
78,143 
174,121 
114,574 
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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