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REGISTERED NUMBER: 00961426 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Midland Regional Printers Limited

Midland Regional Printers Limited (Registered number: 00961426)






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


Midland Regional Printers Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: S G Tew
P L Tew
S M Bates
C E Tew
M T Tew
M C Seaford





REGISTERED OFFICE: 192 Nottingham Road
Nottingham
Nottinghamshire
NG7 7BT





REGISTERED NUMBER: 00961426 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Midland Regional Printers Limited (Registered number: 00961426)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £   
FIXED ASSETS
Intangible assets 4 25,445 33,927
Tangible assets 5 2,635,265 1,592,802
2,660,710 1,626,729

CURRENT ASSETS
Stocks 468,751 610,442
Debtors 6 1,072,080 1,108,057
Cash at bank and in hand 800,845 749,417
2,341,676 2,467,916
CREDITORS
Amounts falling due within one year 7 (1,872,605 ) (1,911,499 )
NET CURRENT ASSETS 469,071 556,417
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,129,781

2,183,146

PROVISIONS FOR LIABILITIES (533,135 ) (328,152 )
NET ASSETS 2,596,646 1,854,994

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 2,595,646 1,853,994
2,596,646 1,854,994

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.

Midland Regional Printers Limited (Registered number: 00961426)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





S M Bates - Director


Midland Regional Printers Limited (Registered number: 00961426)

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

1. STATUTORY INFORMATION

Midland Regional Printers 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation is being recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer software- 15% on reducing balance

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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Midland Regional Printers Limited (Registered number: 00961426)

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 61 (2024 - 62 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 April 2024
and 31 March 2025 79,305
AMORTISATION
At 1 April 2024 45,378
Amortisation for year 8,482
At 31 March 2025 53,860
NET BOOK VALUE
At 31 March 2025 25,445
At 31 March 2024 33,927

Midland Regional Printers Limited (Registered number: 00961426)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2024 2,231,748 65,813 425,505 2,723,066
Additions 1,508,358 6,120 157,380 1,671,858
Disposals (672,813 ) - (77,640 ) (750,453 )
At 31 March 2025 3,067,293 71,933 505,245 3,644,471
DEPRECIATION
At 1 April 2024 924,034 20,204 186,026 1,130,264
Charge for year 357,969 8,536 63,313 429,818
Eliminated on disposal (500,351 ) - (50,525 ) (550,876 )
At 31 March 2025 781,652 28,740 198,814 1,009,206
NET BOOK VALUE
At 31 March 2025 2,285,641 43,193 306,431 2,635,265
At 31 March 2024 1,307,714 45,609 239,479 1,592,802

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 1,016,330 1,042,226
Other debtors 55,750 65,831
1,072,080 1,108,057

Other debtors includes prepayments and accrued income of £55,750 (2024 - £58,494).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 269,053 45,756
Trade creditors 825,380 782,667
Amounts owed to group undertakings - 56,000
Taxation and social security 137,639 562,467
Other creditors 640,533 464,609
1,872,605 1,911,499

Other creditors includes accruals and deferred income of £379,214 (2024 - £244,639).

8. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £216,169 (2024 - £48,599).