Landor Print Limited 01317113 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is printing and stationery suppliers Digita Accounts Production Advanced 6.30.9574.0 Software true 01317113 2023-05-01 2024-04-30 01317113 2024-04-30 01317113 bus:OrdinaryShareClass1 2024-04-30 01317113 core:RetainedEarningsAccumulatedLosses 2024-04-30 01317113 core:ShareCapital 2024-04-30 01317113 core:CurrentFinancialInstruments 2024-04-30 01317113 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 01317113 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 01317113 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-30 01317113 core:MotorVehicles 2024-04-30 01317113 core:PlantMachinery 2024-04-30 01317113 bus:SmallEntities 2023-05-01 2024-04-30 01317113 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 01317113 bus:AbridgedAccounts 2023-05-01 2024-04-30 01317113 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 01317113 bus:RegisteredOffice 2023-05-01 2024-04-30 01317113 bus:Director1 2023-05-01 2024-04-30 01317113 bus:Director2 2023-05-01 2024-04-30 01317113 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 01317113 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 01317113 bus:Agent1 2023-05-01 2024-04-30 01317113 core:CommercialMotorVehicles 2023-05-01 2024-04-30 01317113 core:LandBuildings core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01317113 core:MotorVehicles 2023-05-01 2024-04-30 01317113 core:PlantMachinery 2023-05-01 2024-04-30 01317113 countries:AllCountries 2023-05-01 2024-04-30 01317113 2023-04-30 01317113 core:LandBuildings core:OwnedOrFreeholdAssets 2023-04-30 01317113 core:MotorVehicles 2023-04-30 01317113 core:PlantMachinery 2023-04-30 01317113 2022-05-01 2023-04-30 01317113 2023-04-30 01317113 bus:OrdinaryShareClass1 2023-04-30 01317113 core:RetainedEarningsAccumulatedLosses 2023-04-30 01317113 core:ShareCapital 2023-04-30 01317113 core:CurrentFinancialInstruments 2023-04-30 01317113 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 01317113 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 01317113 core:LandBuildings core:OwnedOrFreeholdAssets 2023-04-30 01317113 core:MotorVehicles 2023-04-30 01317113 core:PlantMachinery 2023-04-30 iso4217:GBP xbrli:pure xbrli:shares

Landor Print Limited

Financial Statements

for the Year Ended

30 April 2024

 

This page is intentionally blank

 

Landor Print Limited

Contents

Company Information

1

Accountants' Report

2

Abridged Balance Sheet

3 to 4

Notes to the Unaudited Abridged Financial Statements

5 to 8

 

Landor Print Limited

Company Information

Directors

GW Buzzard

Mrs SJ Buzzard

Registered office

Firswood Road
Garretts Green Industrial Estate
Birmingham
B33 0TG

Accountants

Chamberlains (Accountancy & Taxation) Limited
Ground Floor
5 The Pavilions
Cranmore Drive, Shirley
Solihull
B90 4SB

 

Accountants' Report to the Board of Directors of

Landor Print Limited

for the Year Ended 30 April 2024

The company's directors are responsible for the preparation of the financial statements for the period, which they consider to be exempt from audit under the Companies Act 1985. In accordance with the instructions given to us by the directors we have assisted with the preparation of the financial statements, using the accounting records, information and explanations provided to us, in order to fulfil their statutory responsibilities

It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of the company. You consider that the company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.




Chamberlains (Accountancy & Taxation) Limited
"certified"
Ground Floor
5 The Pavilions
Cranmore Drive, Shirley
Solihull
B90 4SB

31 October 2024

 

Landor Print Limited

(Registration number: 01317113)
Abridged Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

171,497

181,706

Current assets

 

Stocks

6

2,500

2,500

Debtors

7

231,174

239,657

Cash at bank and in hand

 

56,569

66,173

 

290,243

308,330

Prepayments and accrued income

 

2,346

2,345

Creditors: Amounts falling due within one year

(140,862)

(149,197)

Net current assets

 

151,727

161,478

Total assets less current liabilities

 

323,224

343,184

Creditors: Amounts falling due after more than one year

(50,641)

(73,283)

Provisions for liabilities

(5,355)

(6,655)

Accruals and deferred income

 

(3,780)

(3,696)

Net assets

 

263,448

259,550

Capital and reserves

 

Called up share capital

8

2

2

Retained earnings

263,446

259,548

Shareholders' funds

 

263,448

259,550

 

Landor Print Limited

(Registration number: 01317113)
Abridged Balance Sheet as at 30 April 2024

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 31 October 2024 and signed on its behalf by:
 

.........................................
GW Buzzard
Director

 

Landor Print Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Firswood Road
Garretts Green Industrial Estate
Birmingham
B33 0TG

These financial statements were authorised for issue by the Board on 31 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

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

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 taxable income.

 

Landor Print Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Equipment

20% on Reducing Balance

Vehicles

25% on Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

 

Landor Print Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2023 - 9).

4

Profit before tax

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation expense

10,667

12,671

 

Landor Print Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2024

5

Tangible assets

Land and buildings
£

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 May 2023

185,541

571,630

11,200

768,371

Additions

-

458

-

458

At 30 April 2024

185,541

572,088

11,200

768,829

Depreciation

At 1 May 2023

37,110

538,986

10,569

586,665

Charge for the year

3,711

6,798

158

10,667

At 30 April 2024

40,821

545,784

10,727

597,332

Carrying amount

At 30 April 2024

144,720

26,304

473

171,497

At 30 April 2023

148,431

32,644

631

181,706

Included within the net book value of land and buildings above is £144,720 (2023 - £148,431) in respect of freehold land and buildings.
 

6

Stocks

2024
£

2023
£

Other inventories

2,500

2,500

7

Debtors

Debtors includes £Nil (2023 - £Nil) due after more than one year.

8

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary Shares of £1 each

2

2

2

2