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REGISTERED NUMBER: 03690943 (England and Wales)







Financial Statements for the Year Ended 28 February 2025

for

Cicerone Press Limited

Cicerone Press Limited (Registered number: 03690943)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Cicerone Press Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mr J E Williams
Mrs L J Williams
Mr J J Williams
Ms M N Williams



SECRETARY: Ms M N Williams



REGISTERED OFFICE: Juniper House, Murley Moss,
Oxenholme Road,
KENDAL
Cumbria
LA9 7RL



REGISTERED NUMBER: 03690943 (England and Wales)



ACCOUNTANTS: Ashworth Treasure Limited
Chartered Accountants
17-19 Park Street
Lytham
Lancashire
FY8 5LU



BANKERS: Handlesbanken
First Floor East
Bridge Mills
Stramongate
Kendal
Cumbria
LA9 4UB



SOLICITORS: 3volution Limited
10 South Parade
Leeds
LS1 5QS

Cicerone Press Limited (Registered number: 03690943)

Abridged Balance Sheet
28 February 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 14,167 28,333
Tangible assets 5 830,404 846,094
844,571 874,427

CURRENT ASSETS
Stocks 364,842 370,294
Debtors 355,079 352,634
Cash at bank and in hand 276,430 317,035
996,351 1,039,963
CREDITORS
Amounts falling due within one year 529,270 607,185
NET CURRENT ASSETS 467,081 432,778
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,311,652

1,307,205

CREDITORS
Amounts falling due after more than one
year

(550,000

)

(550,000

)

PROVISIONS FOR LIABILITIES (11,868 ) (15,753 )
NET ASSETS 749,784 741,452

CAPITAL AND RESERVES
Called up share capital 200,000 200,000
Retained earnings 549,784 541,452
SHAREHOLDERS' FUNDS 749,784 741,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Cicerone Press Limited (Registered number: 03690943)

Abridged Balance Sheet - continued
28 February 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 April 2025 and were signed on its behalf by:





Mr J E Williams - Director


Cicerone Press Limited (Registered number: 03690943)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Cicerone 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the invoice value of goods and services sold, less returns and allowances, excluding value added tax.

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.

Copyrights are being amortised evenly over their estimated useful life of three years.

Fixed assets and depreciation
Fixed assets are stated at purchase price, less depreciation and amounts written off. Depreciation is calculated to write down the cost of tangible fixed assets to their estimated residual values over their expected useful lives, at the following annual rates:-

Motor vehicles 3 years on cost
Office equipment 3 years on cost
Fixtures and fittings 10 years on cost
Copyrights 33% straight line


Depreciation is provided on freehold and long leasehold properties based upon the difference between book value and estimated residual value charged over the estimated useful life of the property. The directors are of the opinion that, having regard to estimated residual values, based on prices prevailing at the dates of acquisition or subsequent revaluation, and the estimated useful economic lives, any depreciation involved, either annual or cumulative, would not be material.

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

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.

Cicerone Press Limited (Registered number: 03690943)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Foreign currencies
Revenues and costs expressed in foreign currencies are translated into sterling at rates of exchange ruling on the date on which transactions occur. Assets and liabilities are translated at the rate ruling at the balance sheet date.

Leases
Rentals payable under operating leases are charged directly to the profit and loss account.

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 20 (2024 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2024
and 28 February 2025 42,500
AMORTISATION
At 1 March 2024 14,167
Amortisation for year 14,166
At 28 February 2025 28,333
NET BOOK VALUE

At 28 February 2025 14,167
At 29 February 2024 28,333

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2024 1,043,264
Additions 3,446
At 28 February 2025 1,046,710
DEPRECIATION
At 1 March 2024 197,170
Charge for year 19,136
At 28 February 2025 216,306
NET BOOK VALUE
At 28 February 2025 830,404
At 29 February 2024 846,094

Cicerone Press Limited (Registered number: 03690943)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

6. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank overdrafts 25,397 23,761
Bank loans 400,000 -
425,397 23,761

The bank loans and overdraft facility are secured by a fixed and floating charge over the building and its associated assets.

7. ULTIMATE CONTROLLING PARTY

Mr J E Williams and Mrs L J Williams are the ultimate controlling party.