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REGISTERED NUMBER: 06987743 (England and Wales)












E & M PRINT SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






E & M PRINT SERVICES LIMITED (REGISTERED NUMBER: 06987743)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


E & M PRINT SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: G Davies
Mrs G N Davies





REGISTERED OFFICE: 14 Redwood Gardens
Totton
Southampton
Hampshire
SO40 8SY





REGISTERED NUMBER: 06987743 (England and Wales)

E & M PRINT SERVICES LIMITED (REGISTERED NUMBER: 06987743)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 93,718 43,903

CURRENT ASSETS
Debtors 5 69,094 67,214
Cash at bank 17,138 66,850
86,232 134,064
CREDITORS
Amounts falling due within one year 6 (90,651 ) (97,812 )
NET CURRENT (LIABILITIES)/ASSETS (4,419 ) 36,252
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,299

80,155

CREDITORS
Amounts falling due after more than one
year

7

(39,391

)

(63,463

)

PROVISIONS FOR LIABILITIES (14,177 ) (10,976 )
NET ASSETS 35,731 5,716

CAPITAL AND RESERVES
Called up share capital 287 287
Retained earnings 35,444 5,429
SHAREHOLDERS' FUNDS 35,731 5,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

E & M PRINT SERVICES LIMITED (REGISTERED NUMBER: 06987743)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





G Davies - Director


E & M PRINT SERVICES LIMITED (REGISTERED NUMBER: 06987743)

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


1. STATUTORY INFORMATION

E & M 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 FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value.

The principal accounting policies adopted are set out below.

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 the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - Straight line over 10 years
Plant and machinery - 25% Reducing balance
Fixtures and fittings - 25% Reducing balance
Motor vehicles - 25% Reducing balance
Computer equipment - Straight line over 3 years

Government grants
The following government grants have been received in the previous year:

Business Interruption Payment (BIP) under the Bounce Back Loan scheme: The BIP is payable in respect of the
loan interest for the first 12 months, together with any related fees. The accrual model has been used to recognise
the income on a systematic basis over the periods in which the related finance costs are incurred. The company
has also benefited from the UK government's provision of security for the loan.


E & M PRINT SERVICES LIMITED (REGISTERED NUMBER: 06987743)

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


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets
Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities
Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

E & M PRINT SERVICES LIMITED (REGISTERED NUMBER: 06987743)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Improvements Plant and and
to property machinery fittings
£ £ £
COST
At 1 February 2023 2,722 1,242 617
Additions 42,320 762 -
Disposals - - -
At 31 January 2024 45,042 2,004 617
DEPRECIATION
At 1 February 2023 272 751 437
Charge for year 4,504 170 45
Eliminated on disposal - - -
At 31 January 2024 4,776 921 482
NET BOOK VALUE
At 31 January 2024 40,266 1,083 135
At 31 January 2023 2,450 491 180

E & M PRINT SERVICES LIMITED (REGISTERED NUMBER: 06987743)

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


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 February 2023 68,444 2,762 75,787
Additions 24,403 - 67,485
Disposals (14,435 ) - (14,435 )
At 31 January 2024 78,412 2,762 128,837
DEPRECIATION
At 1 February 2023 27,750 2,674 31,884
Charge for year 10,173 66 14,958
Eliminated on disposal (11,723 ) - (11,723 )
At 31 January 2024 26,200 2,740 35,119
NET BOOK VALUE
At 31 January 2024 52,212 22 93,718
At 31 January 2023 40,694 88 43,903

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 62,531 62,769
Other debtors 6,563 4,445
69,094 67,214

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 16,264 8,530
Taxation and social security 41,940 26,624
Other creditors 22,447 52,658
90,651 97,812

E & M PRINT SERVICES LIMITED (REGISTERED NUMBER: 06987743)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 22,500 32,500
Other creditors 16,891 30,963
39,391 63,463