Print Concept Limited Filleted Accounts Cover
Print Concept Limited
Company No. 03876076
Information for Filing with The Registrar
30 April 2024
Print Concept Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 30 April 2024.
Principal activities
The principal activity of the company during the year under review was printing and copying.
Directors
The Directors who served at any time during the year were as follows:
J. Watters
M. Watters
P. Watters
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
M. Watters
Director
31 January 2025
Print Concept Limited Balance Sheet Registrar
at
30 April 2024
Company No.
03876076
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
12,72416,965
12,72416,965
Current assets
Stocks
3,1503,150
Debtors
16,84420,752
Cash at bank and in hand
200,584162,420
220,578186,322
Creditors: Amount falling due within one year
(228,701)
(138,446)
Net current (liabilities)/assets
(8,123)
47,876
Total assets less current liabilities
4,60164,841
Net assets
4,60164,841
Capital and reserves
Called up share capital
22
Profit and loss account
5
4,59964,839
Total equity
4,60164,841
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 April 2024 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
All the members have consented to the preparation of abridged financial statements for the year ended 30 April 2024 in accordance with the Companies Act 2006.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 31 January 2025 and signed on its behalf by:
M. Watters
Director
31 January 2025
Print Concept Limited Notes to the Accounts Registrar
for the year ended 30 April 2024
1
General information
Print Concept Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 03876076
Its registered office is:
278 High Street, Uxbridge
Middlesex
High Street
Uxbridge
UB8 1LQ
The abridged accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006, including the provisions permitting an abridged profit and loss account and balance sheet to be prepared.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• 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 economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Plant and machinery
25% Reducing Balance
Furniture, fittings and equipment
25% Reducing Balance
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other 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.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
77
4
Tangible fixed assets
Total
£
Cost or revaluation
At 1 May 2023
252,918
At 30 April 2024
252,918
Depreciation
At 1 May 2023
235,953
Charge for the year
4,241
At 30 April 2024
240,194
Net book values
At 30 April 2024
12,724
At 30 April 2023
16,965
5
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
6
Dividends
2024
2023
£
£
Dividends for the period:
Dividends paid in the period
27,580
30,200
27,580
30,200
Dividends by type:
Equity dividends
27,58030,200
27,580
30,200
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