IRIS Accounts Production v24.3.2.46 07252867 Board of Directors 1.9.23 31.12.24 31.12.24 21.2.25 false true false false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072528672023-08-31072528672024-12-31072528672023-09-012024-12-31072528672022-08-31072528672022-09-012023-08-31072528672023-08-3107252867ns15:EnglandWales2023-09-012024-12-3107252867ns14:PoundSterling2023-09-012024-12-3107252867ns10:Director12023-09-012024-12-3107252867ns10:PrivateLimitedCompanyLtd2023-09-012024-12-3107252867ns10:SmallEntities2023-09-012024-12-3107252867ns10:Audited2023-09-012024-12-3107252867ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-12-3107252867ns10:SmallCompaniesRegimeForAccounts2023-09-012024-12-3107252867ns10:FullAccounts2023-09-012024-12-310725286712023-09-012024-12-3107252867ns10:OrdinaryShareClass12023-09-012024-12-3107252867ns10:Director22023-09-012024-12-3107252867ns10:RegisteredOffice2023-09-012024-12-3107252867ns5:CurrentFinancialInstruments2024-12-3107252867ns5:CurrentFinancialInstruments2023-08-3107252867ns5:ShareCapital2024-12-3107252867ns5:ShareCapital2023-08-3107252867ns5:RetainedEarningsAccumulatedLosses2024-12-3107252867ns5:RetainedEarningsAccumulatedLosses2023-08-3107252867ns5:IntangibleAssetsOtherThanGoodwill2023-09-012024-12-3107252867ns5:PlantMachinery2023-09-012024-12-3107252867ns5:IntangibleAssetsOtherThanGoodwill2023-08-3107252867ns5:IntangibleAssetsOtherThanGoodwill2024-12-3107252867ns5:IntangibleAssetsOtherThanGoodwill2023-08-3107252867ns5:PlantMachinery2023-08-3107252867ns5:PlantMachinery2024-12-3107252867ns5:PlantMachinery2023-08-3107252867ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3107252867ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3107252867ns5:WithinOneYear2024-12-3107252867ns5:WithinOneYear2023-08-3107252867ns5:BetweenOneFiveYears2024-12-3107252867ns5:BetweenOneFiveYears2023-08-3107252867ns5:AllPeriods2024-12-3107252867ns5:AllPeriods2023-08-3107252867ns10:OrdinaryShareClass12024-12-3107252867ns5:RetainedEarningsAccumulatedLosses2023-08-3107252867ns5:RetainedEarningsAccumulatedLosses2023-09-012024-12-31
REGISTERED NUMBER: 07252867 (England and Wales)













FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2023 TO 31 DECEMBER 2024

FOR

CTRLPRINT UK LTD

CTRLPRINT UK LTD (REGISTERED NUMBER: 07252867)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 September 2023 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CTRLPRINT UK LTD

COMPANY INFORMATION
for the Period 1 September 2023 to 31 December 2024







DIRECTORS: J H Karlsson
E D Wangerid





REGISTERED OFFICE: 10 John Street
London
WC1N 2EB





REGISTERED NUMBER: 07252867 (England and Wales)





AUDITORS: Oury Clark Chartered Accountants
Statutory Auditors
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

CTRLPRINT UK LTD (REGISTERED NUMBER: 07252867)

BALANCE SHEET
31 December 2024

31.12.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,341 9,369
Tangible assets 5 3,356 3,899
8,697 13,268

CURRENT ASSETS
Debtors 6 1,036,744 373,277
Cash at bank 555,881 433,123
1,592,625 806,400
CREDITORS
Amounts falling due within one year 7 1,251,508 766,289
NET CURRENT ASSETS 341,117 40,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

349,814

53,379

CAPITAL AND RESERVES
Called up share capital 9 2,000 2,000
Retained earnings 10 347,814 51,379
SHAREHOLDERS' FUNDS 349,814 53,379

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 21 February 2025 and were signed on its behalf by:





E D Wangerid - Director


CTRLPRINT UK LTD (REGISTERED NUMBER: 07252867)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 September 2023 to 31 December 2024

1. STATUTORY INFORMATION

Ctrlprint UK Ltd 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.

The trading address of the company is Octagon Point, St. Paul's, 5 Cheapside, London, EC2V 6AA.

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.

The company's accounting year-end was extended to 31 December to align the reporting period with fellow group companies. As a result, the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

Going concern
The parent company, CtrlPrint AB, has confirmed that they will continue to support CtrlPrint UK Ltd for a period of at least twelve months and one day following the signing of the audit report attached to these financial statements. As such the directors have used the going concern basis in preparing the financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised when access to the software is granted to the customer, as this is when the transfer of risks and rewards takes place.

Intangible assets
Intangible assets are initially recognised at cost and amortised over their estimated useful life of 5 years on a straight-line basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 3 years

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Taxation
Taxation for the period 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.


CTRLPRINT UK LTD (REGISTERED NUMBER: 07252867)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 September 2023 to 31 December 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments
Basic Financial Instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any Other Financial Instruments, as covered by Section 12 of FRS 102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023
and 31 December 2024 15,347
AMORTISATION
At 1 September 2023 5,978
Charge for period 4,028
At 31 December 2024 10,006
NET BOOK VALUE
At 31 December 2024 5,341
At 31 August 2023 9,369

CTRLPRINT UK LTD (REGISTERED NUMBER: 07252867)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 September 2023 to 31 December 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 27,206
Additions 3,709
At 31 December 2024 30,915
DEPRECIATION
At 1 September 2023 23,307
Charge for period 4,252
At 31 December 2024 27,559
NET BOOK VALUE
At 31 December 2024 3,356
At 31 August 2023 3,899

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.8.23
£    £   
Trade debtors 871,175 267,542
Other debtors 165,569 105,735
1,036,744 373,277

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.8.23
£    £   
Trade creditors 3,422 15,364
Amounts owed to group undertakings 732,333 464,300
Taxation and social security 430,788 153,981
Other creditors & accruals 84,965 132,644
1,251,508 766,289

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.8.23
£    £   
Within one year 87,924 90,263
Between one and five years - 118,755
87,924 209,018

CTRLPRINT UK LTD (REGISTERED NUMBER: 07252867)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 September 2023 to 31 December 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.8.23
value: £    £   
2,000 Ordinary £1 2,000 2,000

10. RESERVES
Retained
earnings
£   

At 1 September 2023 51,379
Profit for the period 2,096,435
Dividends (1,800,000 )
At 31 December 2024 347,814

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Emma Crowley (Senior Statutory Auditor)
for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included within the full financial statements:-
"Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

12. ULTIMATE PARENT COMPANY

The ultimate parent company is Pamir D Intressenter AB, a company registered in Sweden. The immediate
parent company is CtrlPrint AB, a company registered in Sweden with its registered office situated at Karlavägen
96, Box 24079, 104 50 Stockholm, Sweden. CtrlPrint AB is the smallest group producing consolidated accounts
incorporating CtrlPrint UK Ltd. The consolidated accounts are not publicly available.