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REGISTERED NUMBER: 04910395 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2025

for

The Liquorice Press Limited

The Liquorice Press Limited (Registered number: 04910395)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Liquorice Press Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs N Escott
R B Escott





SECRETARY: Mrs N Escott





REGISTERED OFFICE: 14 Kingsclere Road
Basingstoke
Hampshire
RG21 5UQ





BUSINESS ADDRESS: Unit 10, Grafton Way
West Ham Industrial Estate
Basingstoke
Hampshire
RG22 6HY





REGISTERED NUMBER: 04910395 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

The Liquorice Press Limited (Registered number: 04910395)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 95,004 90,075

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 137,634 126,427
Cash at bank and in hand 303,505 287,530
451,139 423,957
CREDITORS
Amounts falling due within one year 6 174,058 137,282
NET CURRENT ASSETS 277,081 286,675
TOTAL ASSETS LESS CURRENT
LIABILITIES

372,085

376,750

CREDITORS
Amounts falling due after more than one
year

7

(15,204

)

-

PROVISIONS FOR LIABILITIES 10 (21,661 ) (29,503 )
NET ASSETS 335,220 347,247

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 335,120 347,147
SHAREHOLDERS' FUNDS 335,220 347,247

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

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

The Liquorice Press Limited (Registered number: 04910395)

Balance Sheet - continued
31 March 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 27 May 2025 and were signed on its behalf by:





R B Escott - Director


The Liquorice Press Limited (Registered number: 04910395)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

The Liquorice Press Limited 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.
Equipment and furniture - 20% on cost
Machinery - 25% on reducing balance

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

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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.


The Liquorice Press Limited (Registered number: 04910395)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


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, adjusted for indexation where applicable.

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.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 12 ) .

4. TANGIBLE FIXED ASSETS
Equipment
and
furniture Machinery Totals
£    £    £   
COST
At 1 April 2024 600 298,497 299,097
Additions 13,973 25,082 39,055
Disposals - (6,000 ) (6,000 )
At 31 March 2025 14,573 317,579 332,152
DEPRECIATION
At 1 April 2024 600 208,422 209,022
Charge for year 2,796 27,955 30,751
Eliminated on disposal - (2,625 ) (2,625 )
At 31 March 2025 3,396 233,752 237,148
NET BOOK VALUE
At 31 March 2025 11,177 83,827 95,004
At 31 March 2024 - 90,075 90,075

The Liquorice Press Limited (Registered number: 04910395)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 132,474 112,907
Other debtors 5,160 13,520
137,634 126,427

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts (see note 8) 6,239 -
Trade creditors 52,283 48,503
Taxation and social security 58,630 82,058
Other creditors 56,906 6,721
174,058 137,282

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts (see note 8) 15,204 -

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.3.25 31.3.24
£    £   
Net obligations repayable:
Within one year 6,239 -
Between one and five years 15,204 -
21,443 -

Non-cancellable operating leases
31.3.25 31.3.24
£    £   
Within one year 20,369 31,030
Between one and five years 26,255 46,623
46,624 77,653

The Liquorice Press Limited (Registered number: 04910395)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Hire purchase contracts 21,443 -

The hire purchase contracts are secured on the assets to which they relate.

10. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 21,661 29,503

Deferred
tax
£   
Balance at 1 April 2024 29,503
Accelerated capital allowances (7,842 )
Balance at 31 March 2025 21,661

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary £1 100 100