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REGISTERED NUMBER: 08403806 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Shropshire Design And Print Solutions
Ltd

Shropshire Design And Print Solutions
Ltd (Registered number: 08403806)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Shropshire Design And Print Solutions
Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: M A Webb
Mrs B Webb





SECRETARY: Mrs B Webb





REGISTERED OFFICE: Unit 7 The Trade Stop
Maes Y Clawdd
Oswestry
Shropshire
SY10 8NU





REGISTERED NUMBER: 08403806 (England and Wales)





ACCOUNTANTS: Chris Hills Accountancy Management Services
Millford
Marche Lane
Halfway House
Shrewsbury
SY5 9DE

Shropshire Design And Print Solutions
Ltd (Registered number: 08403806)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 71,370 77,361

CURRENT ASSETS
Stocks 4,300 4,700
Debtors 5 43,832 27,285
Cash at bank 8,798 3,817
56,930 35,802
CREDITORS
Amounts falling due within one year 6 57,688 31,088
NET CURRENT (LIABILITIES)/ASSETS (758 ) 4,714
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,612

82,075

CREDITORS
Amounts falling due after more than one year 7 31,243 33,468
NET ASSETS 39,369 48,607

CAPITAL AND RESERVES
Called up share capital 90 90
Retained earnings 39,279 48,517
39,369 48,607

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Shropshire Design And Print Solutions
Ltd (Registered number: 08403806)

Balance Sheet - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 April 2025 and were signed on its behalf by:





M A Webb - Director


Shropshire Design And Print Solutions
Ltd (Registered number: 08403806)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Shropshire Design And Print Solutions 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year 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.

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.

Shropshire Design And Print Solutions
Ltd (Registered number: 08403806)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 August 2023 22,154 48,402 16,718
Additions - 15,314 -
At 31 July 2024 22,154 63,716 16,718
DEPRECIATION
At 1 August 2023 19,191 27,694 12,035
Charge for year 5,539 3,106 702
At 31 July 2024 24,730 30,800 12,737
NET BOOK VALUE
At 31 July 2024 (2,576 ) 32,916 3,981
At 31 July 2023 2,963 20,708 4,683

Shropshire Design And Print Solutions
Ltd (Registered number: 08403806)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023 58,508 15,730 161,512
Additions - 1,281 16,595
At 31 July 2024 58,508 17,011 178,107
DEPRECIATION
At 1 August 2023 16,553 8,678 84,151
Charge for year 10,489 2,750 22,586
At 31 July 2024 27,042 11,428 106,737
NET BOOK VALUE
At 31 July 2024 31,466 5,583 71,370
At 31 July 2023 41,955 7,052 77,361

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 43,575 26,325
Prepayments 257 960
43,832 27,285

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 8,966 13,567
Trade creditors 42,995 5,848
Tax 4 -
Social security and other taxes 593 5,799
VAT 3,825 4,601
Directors' current accounts 196 73
Accrued expenses 1,109 1,200
57,688 31,088

Shropshire Design And Print Solutions
Ltd (Registered number: 08403806)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans - 1-2 years 6,618 -
Bank loans - 2-5 years 24,625 33,468
31,243 33,468