REGISTERED NUMBER: 08283487 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

FOR

PRODUCTION PRINT DIRECT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M P Ashforth

A E Molloy

REGISTERED OFFICE:

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

REGISTERED NUMBER:

08283487 (England and Wales)

ACCOUNTANTS:

Ainsworths Limited

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

26,219

38,139

26,219

38,139

CURRENT ASSETS

Stocks

59,240

49,385

Debtors

6

558,895

570,628

Cash at bank

162,684

22,731

780,819

642,744

CREDITORS

Amounts falling due within one year

7

326,338

362,641

NET CURRENT ASSETS

454,481

280,103

TOTAL ASSETS LESS CURRENT LIABILITIES

480,700

318,242

CREDITORS

Amounts falling due after more than one year

8

(174,166

)

(27,610

)

PROVISIONS FOR LIABILITIES

(6,555

)

(9,535

)

NET ASSETS

299,979

281,097

CAPITAL AND RESERVES

Called up share capital

45

45

Retained earnings

299,934

281,052

SHAREHOLDERS' FUNDS

299,979

281,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 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 20th June 2025 and were signed on its behalf by:

M P Ashforth - Director

A E Molloy - Director

1.	STATUTORY INFORMATION

Production Print Direct 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.

Print equipment

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st May 2024

and 30th April 2025

15,000

AMORTISATION

At 1st May 2024

and 30th April 2025

15,000

NET BOOK VALUE

At 30th April 2025

-

At 30th April 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Print

Motor

Computer

property

equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st May 2024

and 30th April 2025

31,418

190,115

8,000

7,740

237,273

DEPRECIATION

At 1st May 2024

18,852

173,543

133

6,606

199,134

Charge for year

3,142

6,415

1,967

396

11,920

At 30th April 2025

21,994

179,958

2,100

7,002

211,054

NET BOOK VALUE

At 30th April 2025

9,424

10,157

5,900

738

26,219

At 30th April 2024

12,566

16,572

7,867

1,134

38,139

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

153,329

183,236

Amounts owed by group undertakings

371,702

351,177

Other debtors

33,864

36,215

558,895

570,628

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

20,000

20,000

Hire purchase contracts

4,277

7,332

Trade creditors

139,307

192,595

Taxation and social security

80,754

71,564

Other creditors

82,000

71,150

326,338

362,641

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

3,333

23,333

Hire purchase contracts

-

4,277

Other creditors

170,833

-

174,166

27,610

9.	ULTIMATE PARENT COMPANY

The ultimate parent company is PP Direct Limited.