Company Registration No. 07566452 (England and Wales)
NORTHERN PRINT SOLUTIONS LIMITED
Unaudited accounts
for the year ended 30 April 2024
NORTHERN PRINT SOLUTIONS LIMITED
Unaudited accounts
Contents
NORTHERN PRINT SOLUTIONS LIMITED
Company Information
for the year ended 30 April 2024
Company Number
07566452 (England and Wales)
Registered Office
CHURCH HALL PROSPECT TERRACE
KIBBLESWORTH
GATESHEAD
NE11 0YD
ENGLAND
NORTHERN PRINT SOLUTIONS LIMITED
Statement of financial position
as at 30 April 2024
Intangible assets
4,496
5,434
Tangible assets
691,890
729,803
Inventories
118,000
213,000
Cash at bank and in hand
44,235
1,689
Creditors: amounts falling due within one year
(270,673)
(338,742)
Net current (liabilities)/assets
(10,749)
31,984
Total assets less current liabilities
685,637
767,221
Creditors: amounts falling due after more than one year
(323,679)
(350,067)
Net assets
361,958
417,154
Called up share capital
2
2
Profit and loss account
361,956
417,152
Shareholders' funds
361,958
417,154
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 June 2024 and were signed on its behalf by
Craig Daly
Director
Company Registration No. 07566452
NORTHERN PRINT SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 April 2024
NORTHERN PRINT SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07566452. The registered office is CHURCH HALL PROSPECT TERRACE, KIBBLESWORTH, GATESHEAD, NE11 0YD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line 6.6%
Motor vehicles
Straight Line 10%
Fixtures & fittings
Straight Line 20%
Computer equipment
Straight Line 33.3%
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 May 2023
-
6,250
6,250
At 30 April 2024
-
6,250
6,250
Charge for the year
938
-
938
At 30 April 2024
938
816
1,754
At 30 April 2024
(938)
5,434
4,496
At 30 April 2023
-
5,434
5,434
NORTHERN PRINT SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 May 2023
250,000
717,422
26,605
18,010
3,000
1,015,037
Additions
-
-
14,500
4,788
-
19,288
Disposals
-
-
(26,605)
-
-
(26,605)
At 30 April 2024
250,000
717,422
14,500
22,798
3,000
1,007,720
At 1 May 2023
-
240,736
24,871
18,007
1,620
285,234
Charge for the year
-
52,148
2,115
879
990
56,132
On disposals
-
-
(25,536)
-
-
(25,536)
At 30 April 2024
-
292,884
1,450
18,886
2,610
315,830
At 30 April 2024
250,000
424,538
13,050
3,912
390
691,890
At 30 April 2023
250,000
476,686
1,734
3
1,380
729,803
Raw materials
118,000
127,000
Amounts falling due within one year
Trade debtors
85,905
141,947
Accrued income and prepayments
11,784
14,090
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
76,245
61,715
Obligations under finance leases and hire purchase contracts
5,985
36,680
Trade creditors
132,220
171,166
Taxes and social security
4,317
2,709
Other creditors
23,947
24,733
NORTHERN PRINT SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 30 April 2024
9
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
114,850
143,883
Obligations under finance leases and hire purchase contracts
5,389
1,152
Other creditors
114,847
114,847
Loans from directors
88,593
90,185
10
Average number of employees
During the year the average number of employees was 15 (2023: 15).