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REGISTERED NUMBER: 03593589 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Green Ink Publishing Services Ltd

Green Ink Publishing Services Ltd (Registered number: 03593589)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Green Ink Publishing Services Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: L Clifford
D Clifford
J Campbell





SECRETARY:





REGISTERED OFFICE: Unit 14 Elgar Business Centre
Moseley Road
Hallow
Worcester
Worcestershire
WR2 6NJ





REGISTERED NUMBER: 03593589 (England and Wales)





ACCOUNTANTS: SW&A Accountants
Unit 14
Elgar Business Centre
Moseley Road
Worcester
Worcestershire
WR2 6NJ

Green Ink Publishing Services Ltd (Registered number: 03593589)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 97,620 124,620
Tangible assets 5 18,549 16,402
116,169 141,022

CURRENT ASSETS
Debtors 6 107,989 169,984
Cash at bank 11,457 30,443
119,446 200,427
CREDITORS
Amounts falling due within one year 7 150,760 235,954
NET CURRENT LIABILITIES (31,314 ) (35,527 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,855

105,495

CREDITORS
Amounts falling due after more than
one year

8

(42,320

)

(72,203

)

PROVISIONS FOR LIABILITIES (3,524 ) (3,116 )
NET ASSETS 39,011 30,176

CAPITAL AND RESERVES
Called up share capital 255 255
Retained earnings 38,756 29,921
39,011 30,176

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

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

Green Ink Publishing Services Ltd (Registered number: 03593589)

Balance Sheet - continued
31 December 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 21 May 2025 and were signed on its behalf by:




L Clifford - Director



D Clifford - Director


Green Ink Publishing Services Ltd (Registered number: 03593589)

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

1. STATUTORY INFORMATION

Green Ink Publishing Services 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.

Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets.
It is amortised to profit and loss account over its estimated economic life of 10 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.
Plant and machinery etc - 33% on cost

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.


Green Ink Publishing Services Ltd (Registered number: 03593589)

Notes to the Financial Statements - continued
for the Year Ended 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 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.

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 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 270,000
AMORTISATION
At 1 January 2024 145,380
Charge for year 27,000
At 31 December 2024 172,380
NET BOOK VALUE
At 31 December 2024 97,620
At 31 December 2023 124,620

Green Ink Publishing Services Ltd (Registered number: 03593589)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 40,875
Additions 8,887
Disposals (13,844 )
At 31 December 2024 35,918
DEPRECIATION
At 1 January 2024 24,473
Charge for year 6,740
Eliminated on disposal (13,844 )
At 31 December 2024 17,369
NET BOOK VALUE
At 31 December 2024 18,549
At 31 December 2023 16,402

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 105,143 142,180
Other debtors 2,846 27,804
107,989 169,984

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 21,393 32,211
Taxation and social security 33,870 25,330
Other creditors 95,497 178,413
150,760 235,954

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 42,320 72,203