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REGISTERED NUMBER: 05032304 (England and Wales)























Unaudited Financial Statements for the Year Ended 31st March 2024

for

Dominion Print Ltd

Dominion Print Ltd (Registered number: 05032304)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dominion Print Ltd

Company Information
for the Year Ended 31st March 2024







Directors: Mrs V L Fox
Mrs D E Clark



Secretary: Mrs D E Clark



Registered office: Carrwood House, Carrbottom Road
Bradford
West Yorkshire
BD5 9AG



Registered number: 05032304 (England and Wales)



Accountants: Holmes & Co Accountants Ltd
16 Westgate
Baildon
Shipley
West Yorkshire
BD17 5EJ



Bankers: HSBC Bank Plc

Dominion Print Ltd (Registered number: 05032304)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 1,514,660 1,778,880
Investments 5 601,821 601,821
2,116,481 2,380,701

Current assets
Stocks 81,273 228,003
Debtors 6 1,206,554 1,389,756
Cash in hand 1,122,347 810,495
2,410,174 2,428,254
Creditors
Amounts falling due within one year 7 1,231,018 1,551,394
Net current assets 1,179,156 876,860
Total assets less current liabilities 3,295,637 3,257,561

Creditors
Amounts falling due after more than one
year

8

(375,254

)

(611,513

)

Provisions for liabilities (212,497 ) (249,017 )
Net assets 2,707,886 2,397,031

Capital and reserves
Called up share capital 400 400
Retained earnings 2,707,486 2,396,631
Shareholders' funds 2,707,886 2,397,031

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

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

Dominion Print Ltd (Registered number: 05032304)

Balance Sheet - continued
31st March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th December 2024 and were signed on its behalf by:




Mrs D E Clark - Director



Mrs V L Fox - Director


Dominion Print Ltd (Registered number: 05032304)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. Statutory information

Dominion Print Limited is a private company limited by shares and incorporated in England and Wales. The company's registered office is:

Carrwood House
Carrbottom Road
Bradford
West Yorkshire
BD5 9AG

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 5% on cost
Plant and machinery - 25% on cost, 20% on reducing balance and 10% on reducing balance
Motor vehicles - 25% on cost

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Dominion Print Ltd (Registered number: 05032304)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

3. Employees and directors

The average number of employees during the year was 43 (2023 - 41 ) .

4. Tangible fixed assets
Long Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
Cost
At 1st April 2023 297,280 5,192,474 23,645 5,513,399
Additions - 273,147 - 273,147
At 31st March 2024 297,280 5,465,621 23,645 5,786,546
Depreciation
At 1st April 2023 166,881 3,543,993 23,645 3,734,519
Charge for year 14,865 522,502 - 537,367
At 31st March 2024 181,746 4,066,495 23,645 4,271,886
Net book value
At 31st March 2024 115,534 1,399,126 - 1,514,660
At 31st March 2023 130,399 1,648,481 - 1,778,880

5. Fixed asset investments
Unlisted
investments
£   
Cost
At 1st April 2023
and 31st March 2024 601,821
Net book value
At 31st March 2024 601,821
At 31st March 2023 601,821

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 1,016,515 1,147,945
Other debtors 169,039 220,811
Prepayments 21,000 21,000
1,206,554 1,389,756

Dominion Print Ltd (Registered number: 05032304)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 80,000 171,859
Hire purchase contracts 156,259 216,101
Trade creditors 608,418 757,542
Social security and other taxes 23,580 19,775
VAT 144,003 152,809
Other creditors 8,559 4,071
Directors' loan accounts 413 5,834
Accruals and deferred income 209,786 223,403
1,231,018 1,551,394

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans (see note 9) 113,333 193,333
Hire purchase contracts 261,921 418,180
375,254 611,513

9. Loans

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 80,000 171,859

Amounts falling due between one and two years:
Bank loans - 1-2 years 113,333 193,333