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Unaudited Financial Statements

for the Year Ended 30 June 2024

for

4 Print Limited

4 Print Limited (Registered number: 01511940)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


4 Print Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr N Fountain





SECRETARY: Mrs S A Taylor





REGISTERED OFFICE: 8/10 South Street
Epsom
Surrey
KT18 7PF





REGISTERED NUMBER: 01511940 (England and Wales)





ACCOUNTANTS: Williams & Co Epsom LLP
Chartered Accountants
8-10 South Street
Epsom
Surrey
KT18 7PF

4 Print Limited (Registered number: 01511940)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 155,686 84,006
155,686 84,006

CURRENT ASSETS
Stocks 22,340 24,129
Debtors 6 295,766 211,285
Cash at bank and in hand 285,335 384,453
603,441 619,867
CREDITORS
Amounts falling due within one year 7 270,044 259,988
NET CURRENT ASSETS 333,397 359,879
TOTAL ASSETS LESS CURRENT
LIABILITIES

489,083

443,885

CREDITORS
Amounts falling due after more than one
year

8

(10,499

)

(20,762

)

PROVISIONS FOR LIABILITIES (37,715 ) (32,386 )
NET ASSETS 440,869 390,737

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 440,769 390,637
SHAREHOLDERS' FUNDS 440,869 390,737

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

4 Print Limited (Registered number: 01511940)

Balance Sheet - continued
30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2024 and were signed by:





Mr N Fountain - Director


4 Print Limited (Registered number: 01511940)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

4 Print Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
The turnover shown in the trading and profit and loss account represents amounts for goods and services provided during the year in the normal course of business, net of trade discounts and Value Added Tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of two years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Long leasehold - in accordance with the property
Plant and machinery - 15% on reducing balance and at varying rates on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost
Office equipment - at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

4 Print Limited (Registered number: 01511940)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 300,000
AMORTISATION
At 1 July 2023
and 30 June 2024 300,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 July 2023 15,971 1,275,879 19,995
Additions - 95,425 -
At 30 June 2024 15,971 1,371,304 19,995
DEPRECIATION
At 1 July 2023 15,971 1,194,067 19,803
Charge for year - 24,644 54
At 30 June 2024 15,971 1,218,711 19,857
NET BOOK VALUE
At 30 June 2024 - 152,593 138
At 30 June 2023 - 81,812 192

4 Print Limited (Registered number: 01511940)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


5. TANGIBLE FIXED ASSETS - continued

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 24,374 48,327 1,384,546
Additions - 2,274 97,699
At 30 June 2024 24,374 50,601 1,482,245
DEPRECIATION
At 1 July 2023 24,374 46,325 1,300,540
Charge for year - 1,321 26,019
At 30 June 2024 24,374 47,646 1,326,559
NET BOOK VALUE
At 30 June 2024 - 2,955 155,686
At 30 June 2023 - 2,002 84,006

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 181,513 17,039 198,552
DEPRECIATION
At 1 July 2023 95,448 17,039 112,487
Charge for year 12,910 - 12,910
At 30 June 2024 108,358 17,039 125,397
NET BOOK VALUE
At 30 June 2024 73,155 - 73,155
At 30 June 2023 86,065 - 86,065

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 268,778 171,341
Staff loans 4,950 4,950
VAT - 7,368
Prepayments and accrued income 22,038 27,626
295,766 211,285

4 Print Limited (Registered number: 01511940)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 193,826 173,642
Amounts owed to group undertakings 219 552
Tax 26,029 39,422
Social security and other taxes 1,185 1,115
VAT 1,964 -
Other creditors 10,229 9,984
Accrued expenses 36,592 35,273
270,044 259,988

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 10,499 20,762

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The company was controlled by Mr & Mrs Fountain during the current and preceding year, by virtue of their 100% shareholding of Fountain Gardens Limited, the ultimate parent company.