2023-04-012024-03-312024-03-31false12500593PRINT FEED LIMITED2024-08-28iso4217:GBPxbrli:pure125005932023-04-01125005932024-03-31125005932023-04-012024-03-31125005932022-04-01125005932023-03-31125005932022-04-012023-03-3112500593bus:SmallEntities2023-04-012024-03-3112500593bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3112500593bus:FullAccounts2023-04-012024-03-3112500593bus:PrivateLimitedCompanyLtd2023-04-012024-03-3112500593core:WithinOneYear2024-03-3112500593core:AfterOneYear2024-03-3112500593core:WithinOneYear2023-03-3112500593core:AfterOneYear2023-03-3112500593core:ShareCapital2024-03-3112500593core:SharePremium2024-03-3112500593core:RevaluationReserve2024-03-3112500593core:OtherReservesSubtotal2024-03-3112500593core:RetainedEarningsAccumulatedLosses2024-03-3112500593core:ShareCapital2023-03-3112500593core:SharePremium2023-03-3112500593core:RevaluationReserve2023-03-3112500593core:OtherReservesSubtotal2023-03-3112500593core:RetainedEarningsAccumulatedLosses2023-03-3112500593core:LandBuildings2024-03-3112500593core:PlantMachinery2024-03-3112500593core:Vehicles2024-03-3112500593core:FurnitureFittings2024-03-3112500593core:OfficeEquipment2024-03-3112500593core:NetGoodwill2024-03-3112500593core:IntangibleAssetsOtherThanGoodwill2024-03-3112500593core:ListedExchangeTraded2024-03-3112500593core:UnlistedNon-exchangeTraded2024-03-3112500593core:LandBuildings2023-03-3112500593core:PlantMachinery2023-03-3112500593core:Vehicles2023-03-3112500593core:FurnitureFittings2023-03-3112500593core:OfficeEquipment2023-03-3112500593core:NetGoodwill2023-03-3112500593core:IntangibleAssetsOtherThanGoodwill2023-03-3112500593core:ListedExchangeTraded2023-03-3112500593core:UnlistedNon-exchangeTraded2023-03-3112500593core:LandBuildings2023-04-012024-03-3112500593core:PlantMachinery2023-04-012024-03-3112500593core:Vehicles2023-04-012024-03-3112500593core:FurnitureFittings2023-04-012024-03-3112500593core:OfficeEquipment2023-04-012024-03-3112500593core:NetGoodwill2023-04-012024-03-3112500593core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112500593core:ListedExchangeTraded2023-04-012024-03-3112500593core:UnlistedNon-exchangeTraded2023-04-012024-03-3112500593core:MoreThanFiveYears2023-04-012024-03-3112500593core:Non-currentFinancialInstruments2024-03-3112500593core:Non-currentFinancialInstruments2023-03-3112500593dpl:CostSales2023-04-012024-03-3112500593dpl:DistributionCosts2023-04-012024-03-3112500593core:LandBuildings2023-04-012024-03-3112500593core:PlantMachinery2023-04-012024-03-3112500593core:Vehicles2023-04-012024-03-3112500593core:FurnitureFittings2023-04-012024-03-3112500593core:OfficeEquipment2023-04-012024-03-3112500593dpl:AdministrativeExpenses2023-04-012024-03-3112500593core:NetGoodwill2023-04-012024-03-3112500593core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112500593dpl:GroupUndertakings2023-04-012024-03-3112500593dpl:ParticipatingInterests2023-04-012024-03-3112500593dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3112500593core:ListedExchangeTraded2023-04-012024-03-3112500593dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3112500593core:UnlistedNon-exchangeTraded2023-04-012024-03-3112500593dpl:CostSales2022-04-012023-03-3112500593dpl:DistributionCosts2022-04-012023-03-3112500593core:LandBuildings2022-04-012023-03-3112500593core:PlantMachinery2022-04-012023-03-3112500593core:Vehicles2022-04-012023-03-3112500593core:FurnitureFittings2022-04-012023-03-3112500593core:OfficeEquipment2022-04-012023-03-3112500593dpl:AdministrativeExpenses2022-04-012023-03-3112500593core:NetGoodwill2022-04-012023-03-3112500593core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112500593dpl:GroupUndertakings2022-04-012023-03-3112500593dpl:ParticipatingInterests2022-04-012023-03-3112500593dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3112500593core:ListedExchangeTraded2022-04-012023-03-3112500593dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3112500593core:UnlistedNon-exchangeTraded2022-04-012023-03-3112500593core:NetGoodwill2024-03-3112500593core:IntangibleAssetsOtherThanGoodwill2024-03-3112500593core:LandBuildings2024-03-3112500593core:PlantMachinery2024-03-3112500593core:Vehicles2024-03-3112500593core:FurnitureFittings2024-03-3112500593core:OfficeEquipment2024-03-3112500593core:AfterOneYear2024-03-3112500593core:WithinOneYear2024-03-3112500593core:ListedExchangeTraded2024-03-3112500593core:UnlistedNon-exchangeTraded2024-03-3112500593core:ShareCapital2024-03-3112500593core:SharePremium2024-03-3112500593core:RevaluationReserve2024-03-3112500593core:OtherReservesSubtotal2024-03-3112500593core:RetainedEarningsAccumulatedLosses2024-03-3112500593core:NetGoodwill2023-03-3112500593core:IntangibleAssetsOtherThanGoodwill2023-03-3112500593core:LandBuildings2023-03-3112500593core:PlantMachinery2023-03-3112500593core:Vehicles2023-03-3112500593core:FurnitureFittings2023-03-3112500593core:OfficeEquipment2023-03-3112500593core:AfterOneYear2023-03-3112500593core:WithinOneYear2023-03-3112500593core:ListedExch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PRINT FEED LIMITED

Registered Number
12500593
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

PRINT FEED LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

Mr Richard John Curtis
Mrs Victoria Helen Shepherd

Registered Address

31 Florence Road
College Town
Sandhurst
GU47 0QB

Registered Number

12500593 (England and Wales)
PRINT FEED LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets39,34311,891
9,34311,891
Current assets
Stocks4-193,206
Debtors511,70672,794
Cash at bank and on hand113,991129,538
125,697395,538
Creditors amounts falling due within one year6(16,916)(21,911)
Net current assets (liabilities)108,781373,627
Total assets less current liabilities118,124385,518
Creditors amounts falling due after one year7-(250,500)
Net assets118,124135,018
Capital and reserves
Profit and loss account118,124135,018
Shareholders' funds118,124135,018
The financial statements were approved and authorised for issue by the Board of Directors on 28 August 2024, and are signed on its behalf by:
Mrs Victoria Helen Shepherd
Director
Registered Company No. 12500593
PRINT FEED LIMITED
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.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Vehicles5
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year21
3.Tangible fixed assets

Vehicles

Total

££
Cost or valuation
At 01 April 2312,74012,740
At 31 March 2412,74012,740
Depreciation and impairment
At 01 April 23849849
Charge for year2,5482,548
At 31 March 243,3973,397
Net book value
At 31 March 249,3439,343
At 31 March 2311,89111,891
4.Stocks

2024

2023

££
Finished goods-193,206
Total-193,206
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables7,00129,490
Other debtors4,07042,739
Prepayments and accrued income635565
Total11,70672,794
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables14,4982,759
Taxation and social security-18,765
Other creditors2,418387
Total16,91621,911
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts-250,500
Total-250,500