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REGISTERED NUMBER: 08391045 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Control Print Solutions Ltd

Control Print Solutions Ltd (Registered number: 08391045)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Control Print Solutions Ltd

Company Information
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: A Hawkes
J Phillipson





REGISTERED OFFICE: Unit 2
Fitzhamon Court
Wolverton Mill
Milton Keynes
Buckinghamshire
MK12 6LB





REGISTERED NUMBER: 08391045 (England and Wales)





ACCOUNTANTS: Connolly Accountants & Business Advisors Ltd
Chartered Certified Accountants
The Stable Yard
25-33 Vicarage Road
Stony Stratford
Milton Keynes
Buckinghamshire
MK11 1BN

Control Print Solutions Ltd (Registered number: 08391045)

Balance Sheet
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 593,870 605,040

CURRENT ASSETS
Stocks 375,490 378,325
Debtors 5 1,203,442 1,272,099
Cash at bank 1,400,029 1,432,517
2,978,961 3,082,941
CREDITORS
Amounts falling due within one year 6 920,483 1,087,195
NET CURRENT ASSETS 2,058,478 1,995,746
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,652,348

2,600,786

PROVISIONS FOR LIABILITIES - 12,948
NET ASSETS 2,652,348 2,587,838

CAPITAL AND RESERVES
Called up share capital 135 135
Share premium 14,910 14,910
Capital redemption reserve 45 45
Retained earnings 2,637,258 2,572,748
SHAREHOLDERS' FUNDS 2,652,348 2,587,838

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Control Print Solutions Ltd (Registered number: 08391045)

Balance Sheet - continued
31 JANUARY 2025


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 Board of Directors and authorised for issue on 11 April 2025 and were signed on its behalf by:





J Phillipson - Director


Control Print Solutions Ltd (Registered number: 08391045)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Control 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 - 10% on cost
Plant & machinery - 25% on reducing balance
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 3 years

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

Control Print Solutions Ltd (Registered number: 08391045)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic Financial Assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is a contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from related companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Control Print Solutions Ltd (Registered number: 08391045)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

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 22 (2024 - 20 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant & and
property machinery fittings
£    £    £   
COST
At 1 February 2024 2,207 53,342 49,320
Additions 2,207 16,997 1,209
Disposals - - -
At 31 January 2025 4,414 70,339 50,529
DEPRECIATION
At 1 February 2024 56 18,392 31,559
Charge for year 441 12,224 5,858
Eliminated on disposal - - -
At 31 January 2025 497 30,616 37,417
NET BOOK VALUE
At 31 January 2025 3,917 39,723 13,112
At 31 January 2024 2,151 34,950 17,761

Control Print Solutions Ltd (Registered number: 08391045)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2024 731,768 35,719 872,356
Additions 150,667 6,147 177,227
Disposals - (374 ) (374 )
At 31 January 2025 882,435 41,492 1,049,209
DEPRECIATION
At 1 February 2024 197,888 19,421 267,316
Charge for year 161,128 8,609 188,260
Eliminated on disposal - (237 ) (237 )
At 31 January 2025 359,016 27,793 455,339
NET BOOK VALUE
At 31 January 2025 523,419 13,699 593,870
At 31 January 2024 533,880 16,298 605,040

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 553,365 504,307
Other debtors 650,077 767,792
1,203,442 1,272,099

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 448,754 431,074
Taxation and social security 300,855 407,776
Other creditors 170,874 248,345
920,483 1,087,195

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 49,500 -
Between one and five years 198,000 -
In more than five years 173,250 -
420,750 -

Control Print Solutions Ltd (Registered number: 08391045)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 2024
£    £   
**UNKNOWN DIRECTOR 1**
Balance outstanding at start of year 200,000 200,000
Amounts repaid (30,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 170,000 200,000

This loan is interest-free and repayable on demand.