THE OLD SCHOOL PRESS LTD

Company Registration Number:
03560823 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

THE OLD SCHOOL PRESS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

THE OLD SCHOOL PRESS LTD

Company Information

for the Period Ended 31 May 2024




Director: Martyn Ould
Angela Ould
Registered office: Cliff Edge
Beer Hill
Seaton
Devon
England
EX12 2QD
Company Registration Number: 03560823 (England and Wales)

THE OLD SCHOOL PRESS LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

Book printing and publishing

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Martyn Ould
Angela Ould

This report was approved by the board of directors on 24 November 2024
And Signed On Behalf Of The Board By:

Name: Martyn Ould
Status: Director

THE OLD SCHOOL PRESS LTD

Profit and Loss Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Turnover 35,325 13,972
Cost of sales ( 21,349 ) ( 7,644 )
Gross Profit or (Loss) 13,976 6,328
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 2,366 ) ( 1,991 )
Administrative Expenses ( 4,393 ) ( 2,025 )
Operating Profit or (Loss) 7,217 2,312
Profit or (Loss) Before Tax 7,217 2,312
Tax on Profit ( 1,275 ) ( 439 )
Profit or (Loss) for Period 5,942 1,873

The notes form part of these financial statements

THE OLD SCHOOL PRESS LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 503
Total fixed assets: 503
Current assets
Stocks: 62,875 64,778
Cash at bank and in hand: 36,724 28,382
Total current assets: 99,599 93,160
Creditors: amounts falling due within one year: 5 ( 3,268 ) ( 1,388 )
Net current assets (liabilities): 96,331 91,772
Total assets less current liabilities: 96,834 91,772
Total net assets (liabilities): 96,834 91,772

The notes form part of these financial statements

THE OLD SCHOOL PRESS LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 96,814 91,752
Shareholders funds: 96,834 91,772

For the year ending 31 May 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.

This report was approved by the board of directors on 24 November 2024
And Signed On Behalf Of The Board By:

Name: Martyn Ould
Status: Director

The notes form part of these financial statements

THE OLD SCHOOL PRESS LTD

Notes to the Financial Statements

for the Period Ended 31 May 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets (office equipment) are depreciated on a straight line basis at 1/3 per year.

THE OLD SCHOOL PRESS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

THE OLD SCHOOL PRESS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

THE OLD SCHOOL PRESS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 June 2023 0 0
Additions 565 565
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2024 565 565
Depreciation
At 01 June 2023 - -
Charge for year 62 62
On disposals - -
Other adjustments - -
At 31 May 2024 62 62
Net book value
At 31 May 2024 503 503
At 31 May 2023 0 0

THE OLD SCHOOL PRESS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 37 42
Taxation and social security 3,231 1,346
Total 3,268 1,388