Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31From 1 February 2024, the controlling party changed from Stanford Marsh Limited to Stanford Marsh Group Holdings Limited. The ultimate controlling party remains the same. On 1 February 2024, the company's trade and assets were transferred to the parent company Tri-Tech Engineering Limited. The company has now ceased to trade.truetruetruetruetruetrue2023-02-01falseNo description of principal activity66truetruefalse 09521518 2023-02-01 2024-01-31 09521518 2022-02-01 2023-01-31 09521518 2024-01-31 09521518 2023-01-31 09521518 1 2023-02-01 2024-01-31 09521518 d:Director1 2023-02-01 2024-01-31 09521518 c:PlantMachinery 2023-02-01 2024-01-31 09521518 c:PlantMachinery 2024-01-31 09521518 c:PlantMachinery 2023-01-31 09521518 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09521518 c:CurrentFinancialInstruments 2024-01-31 09521518 c:CurrentFinancialInstruments 2023-01-31 09521518 c:CurrentFinancialInstruments c:WithinOneYear 2024-01-31 09521518 c:CurrentFinancialInstruments c:WithinOneYear 2023-01-31 09521518 c:ShareCapital 2024-01-31 09521518 c:ShareCapital 2023-01-31 09521518 c:RetainedEarningsAccumulatedLosses 2023-02-01 2024-01-31 09521518 c:RetainedEarningsAccumulatedLosses 2024-01-31 09521518 c:RetainedEarningsAccumulatedLosses 2023-01-31 09521518 d:OrdinaryShareClass1 2023-02-01 2024-01-31 09521518 d:OrdinaryShareClass1 2024-01-31 09521518 d:OrdinaryShareClass1 2023-01-31 09521518 d:FRS102 2023-02-01 2024-01-31 09521518 d:Audited 2023-02-01 2024-01-31 09521518 d:FullAccounts 2023-02-01 2024-01-31 09521518 d:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09521518 d:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09521518 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09521518
















3D PRINT BUREAU LIMITED




FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024


































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3D PRINT BUREAU LIMITED
REGISTERED NUMBER:09521518

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
18,334
18,873

CURRENT ASSETS
  

Stocks
 5 
46,892
60,837

Debtors: amounts falling due within one year
 6 
112,360
129,817

Cash at bank and in hand
  
381,359
395,089

  
540,611
585,743

Creditors: amounts falling due within one year
 7 
(426,519)
(497,756)

NET CURRENT ASSETS
  
114,092
87,987

TOTAL ASSETS LESS CURRENT LIABILITIES
  
132,426
106,860

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(4,457)
(4,584)

NET ASSETS
  
127,969
102,276


CAPITAL AND RESERVES
  

Called up share capital 
 8 
100
100

Profit and loss account
 9 
127,869
102,176

  
127,969
102,276


The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 





J S Marsh
Director

Date: 27 October 2024

The notes on pages 2 to 7 form part of these financial statements.
Page 1


3D PRINT BUREAU LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


GENERAL INFORMATION

3D Print Bureau Limited is a private company, limited by shares, incorporated in the UK and registered in England and Wales. The registered office is Haycroft Works, Buckholt Drive, Warndon Industrial Estate, Worcester, WR4 9ND. The trading address is Normacot Road, Longton, Stoke-on-Trent, Staffordshire, ST3 1PR.
The principal activity of the company during the period continued to be the retail of 3D printing machines and equipment.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

These financial statements cover the individual entity only. There are presented in Sterling and are rounded to the nearest £1.

The following principal accounting policies have been applied:

 
2.2

FINANCIAL REPORTING STANDARD 102 - REDUCED DISCLOSURE EXEMPTIONS

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
the requirements of Section 7 Statement of Cash Flows;
the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Stanford Marsh Limited as at 31 January 2024 and these financial statements may be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.

 
2.3

GOING CONCERN

Following the transfer of the company's trade and net assets to the parent company Tri-Tech Engineering Limited on 1 February 2024, the company has now ceased to trade. As such the directors do not consider it appropriate to adopt the going concern basis in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than the going concern basis. No adjustments to the financial statements arose as a result of adopting this basis for preparing the financial statements.

Page 2


3D PRINT BUREAU LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.ACCOUNTING POLICIES (continued)

 
2.4

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.5

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.6

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3


3D PRINT BUREAU LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.ACCOUNTING POLICIES (continued)

 
2.7

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

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 measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4


3D PRINT BUREAU LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.ACCOUNTING POLICIES (continued)

 
2.12

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.13

FINANCIAL INSTRUMENTS

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 6 (2023: 6).


4.


TANGIBLE FIXED ASSETS





Plant and machinery

£



COST


At 1 February 2023
78,719


Additions
2,736



At 31 January 2024

81,455



DEPRECIATION


At 1 February 2023
59,846


Charge for the year
3,275



At 31 January 2024

63,121



NET BOOK VALUE



At 31 January 2024
18,334



At 31 January 2023
18,873

Page 5


3D PRINT BUREAU LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


STOCKS

2024
2023
£
£

Finished goods and goods for resale
46,892
60,837


6.


DEBTORS

2024
2023
£
£


Trade debtors
107,579
106,479

Other debtors
-
7,484

Prepayments and accrued income
4,781
15,854

112,360
129,817



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
16,020
5,994

Amounts owed to group undertakings
347,446
431,676

Corporation Tax
9,012
-

Other taxation and social security
37,510
42,475

Other creditors
2,019
2,139

Accruals and deferred income
14,512
15,472

426,519
497,756



8.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023: 100) Ordinary shares shares of £1.00 each
100
100



9.


RESERVES

Profit and loss account

This reserve includes all current and prior period retained profits and losses.

Page 6


3D PRINT BUREAU LIMITED

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

10.


PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company  in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £6,027 (2023: £5,693). Contributions totalling £1,658 (2023: £1,745) were payable to the fund at the reporting date and are included in creditors.


11.


RELATED PARTY TRANSACTIONS

The company has taken the exemption under FRS 102 33.1A from disclosing transactions with wholly owned group companies. 


12.


POST BALANCE SHEET EVENTS

From 1 February 2024, the controlling party changed from Stanford Marsh Limited to Stanford Marsh Group Holdings Limited. The ultimate controlling party remains the same.

On 1 February 2024, the company's trade and assets were transferred to the parent company Tri-Tech Engineering Limited. The company has now ceased to trade.


13.


CONTROLLING PARTY

At 31 January 2024, the company was controlled by its parent undertaking Stanford Marsh Limited. The ultimate controlling party was considered to be Mr C S Marsh by virtue of his shareholding in Stanford Marsh Limited.
From 1 February 2024, the company is controlled by Stanford Marsh Group Holdings Limited, as per the details in the Post Balance Sheet Events note. The ultimate controlling party is still Mr C S Marsh by virtue of his shareholding in Stanford Marsh Group Holdings Limited.
Copies of the consolidated financial statements prepared by Stanford Marsh Limited for the year ending 31 January 2024 can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.


14.


AUDITORS' INFORMATION

The auditors' report on the financial statements for the year ended 31 January 2024 was unqualified.

The audit report was modified only in respect of an emphasis of matter that financial statements have been prepared on a basis other than going concern. We draw your attention to note 2.3 to the financial statements which explains that the company has now ceased to trade. As such the directors do not consider it appropriate to adopt the going concern basis in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in note 2.3. Our opinion is not modified in respect of this matter.

The audit report was signed on 28 October 2024 by Richard Newton FCA (Senior Statutory Auditor) on behalf of Bishop Fleming LLP.

 
Page 7