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Company Registration No. 07115979 (England and Wales)
Embroidary & Print Services Ltd Unaudited accounts for the year ended 31 March 2024
Embroidary & Print Services Ltd Unaudited accounts Contents
Page
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Embroidary & Print Services Ltd Company Information for the year ended 31 March 2024
Director
L B Mayhew
Company Number
07115979 (England and Wales)
Registered Office
Unit 5 Golding Barn Henfield West Sussex BN5 9XH
Accountants
Richard Matthew Accountancy Ltd Milner Cowfold Road Coolham West Sussex RH13 8QJ
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Embroidary & Print Services Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,348 
35,999 
Current assets
Debtors
22,303 
25,718 
Cash at bank and in hand
18,894 
- 
41,197 
25,718 
Creditors: amounts falling due within one year
(84,451)
(92,900)
Net current liabilities
(43,254)
(67,182)
Total assets less current liabilities
(12,906)
(31,183)
Creditors: amounts falling due after more than one year
(18,772)
(19,377)
Net liabilities
(31,678)
(50,560)
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
(31,682)
(50,564)
Shareholders' funds
(31,678)
(50,560)
For the year ending 31 March 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 12 March 2025 and were signed on its behalf by
L B Mayhew Director Company Registration No. 07115979
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Embroidary & Print Services Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Embroidary & Print Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 07115979. The registered office is Unit 5, Golding Barn, Henfield, West Sussex, BN5 9XH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% reducing balance
Computer equipment
1/3rd reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
12,097 
135,562 
17,553 
165,212 
Additions
- 
579 
- 
579 
At 31 March 2024
12,097 
136,141 
17,553 
165,791 
Depreciation
At 1 April 2023
- 
112,974 
16,239 
129,213 
Charge for the year
- 
5,792 
438 
6,230 
At 31 March 2024
- 
118,766 
16,677 
135,443 
Net book value
At 31 March 2024
12,097 
17,375 
876 
30,348 
At 31 March 2023
12,097 
22,588 
1,314 
35,999 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,303 
25,718 
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Embroidary & Print Services Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
25 
4,566 
Trade creditors
22,760 
47,033 
Taxes and social security
1,884 
1,342 
Loans from directors
59,032 
39,209 
Accruals
750 
750 
84,451 
92,900 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,772 
19,377 
8
Average number of employees
During the year the average number of employees was 2 (2023: 4).
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