2023-11-012024-10-312024-10-31false14407999SP Graphics Limited2025-06-2518129falseiso4217:GBPxbrli:pure144079992023-11-01144079992024-10-31144079992023-11-012024-10-31144079992022-10-10144079992023-10-31144079992022-10-102023-10-3114407999bus:SmallEntities2023-11-012024-10-3114407999bus:AuditExempt-NoAccountantsReport2023-11-012024-10-3114407999bus:AbridgedAccounts2023-11-012024-10-3114407999bus:PrivateLimitedCompanyLtd2023-11-012024-10-3114407999core:WithinOneYear2024-10-3114407999core:AfterOneYear2024-10-3114407999core:WithinOneYear2023-10-3114407999core:AfterOneYear2023-10-3114407999core:ShareCapital2024-10-3114407999core:SharePremium2024-10-3114407999core:RevaluationReserve2024-10-3114407999core:OtherReservesSubtotal2024-10-3114407999core:RetainedEarningsAccumulatedLosses2024-10-3114407999core:ShareCapital2023-10-3114407999core:SharePremium2023-10-3114407999core:RevaluationReserve2023-10-3114407999core:OtherReservesSubtotal2023-10-3114407999core:RetainedEarningsAccumulatedLosses2023-10-3114407999core:LandBuildings2024-10-3114407999core:PlantMachinery2024-10-3114407999core:Vehicles2024-10-3114407999core:FurnitureFittings2024-10-3114407999core:OfficeEquipment2024-10-3114407999core:NetGoodwill2024-10-3114407999core:IntangibleAssetsOtherThanGoodwill2024-10-3114407999core:ListedExchangeTraded2024-10-3114407999core:UnlistedNon-exchangeTraded2024-10-3114407999core:LandBuildings2023-10-3114407999core:PlantMachinery2023-10-3114407999core:Vehicles2023-10-3114407999core:FurnitureFittings2023-10-3114407999core:OfficeEquipment2023-10-3114407999core:NetGoodwill2023-10-3114407999core:IntangibleAssetsOtherThanGoodwill2023-10-3114407999core:ListedExchangeTraded2023-10-3114407999core:UnlistedNon-exchangeTraded2023-10-3114407999core:LandBuildings2023-11-012024-10-3114407999core:PlantMachinery2023-11-012024-10-3114407999core:Vehicles2023-11-012024-10-3114407999core:FurnitureFittings2023-11-012024-10-3114407999core:OfficeEquipment2023-11-012024-10-3114407999core:NetGoodwill2023-11-012024-10-3114407999core:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3114407999core:ListedExchangeTraded2023-11-012024-10-3114407999core:UnlistedNon-exchangeTraded2023-11-012024-10-3114407999core:MoreThanFiveYears2023-11-012024-10-3114407999core:Non-currentFinancialInstruments2024-10-3114407999core:Non-currentFinancialInstruments2023-10-3114407999dpl:CostSales2023-11-012024-10-3114407999dpl:DistributionCosts2023-11-012024-10-3114407999core:LandBuildings2023-11-012024-10-3114407999core:PlantMachinery2023-11-012024-10-3114407999core:Vehicles2023-11-012024-10-3114407999core:FurnitureFittings2023-11-012024-10-3114407999core:OfficeEquipment2023-11-012024-10-3114407999dpl:AdministrativeExpenses2023-11-012024-10-3114407999core:NetGoodwill2023-11-012024-10-3114407999core:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3114407999dpl:GroupUndertakings2023-11-012024-10-3114407999dpl:ParticipatingInterests2023-11-012024-10-3114407999dpl:GroupUndertakingscore:ListedExchangeTraded2023-11-012024-10-3114407999core:ListedExchangeTraded2023-11-012024-10-3114407999dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-11-012024-10-3114407999core:UnlistedNon-exchangeTraded2023-11-012024-10-3114407999dpl:CostSales2022-10-102023-10-3114407999dpl:DistributionCosts2022-10-102023-10-3114407999core:LandBuildings2022-10-102023-10-3114407999core:PlantMachinery2022-10-102023-10-3114407999core:Vehicles2022-10-102023-10-3114407999core:FurnitureFittings2022-10-102023-10-3114407999core:OfficeEquipment2022-10-102023-10-3114407999dpl:AdministrativeExpenses2022-10-102023-10-3114407999core:NetGoodwill2022-10-102023-10-3114407999core:IntangibleAssetsOtherThanGoodwill2022-10-102023-10-3114407999dpl:GroupUndertakings2022-10-102023-10-3114407999dpl:ParticipatingInterests2022-10-102023-10-3114407999dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-102023-10-3114407999core:ListedExchangeTraded2022-10-102023-10-3114407999dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-102023-10-3114407999core:UnlistedNon-exchangeTraded2022-10-102023-10-3114407999core:NetGoodwill2024-10-3114407999core:IntangibleAssetsOtherThanGoodwill2024-10-3114407999core:LandBuildings2024-10-3114407999core:PlantMachinery2024-10-3114407999core:Vehicles2024-10-3114407999core:FurnitureFittings2024-10-3114407999core:OfficeEquipment2024-10-3114407999core:AfterOneYear2024-10-3114407999core:WithinOneYear2024-10-3114407999core:ListedExchangeTraded2024-10-3114407999core:UnlistedNon-exchangeTraded2024-10-3114407999core:ShareCapital2024-10-3114407999core:SharePremium2024-10-3114407999core:RevaluationReserve2024-10-3114407999core:OtherReservesSubtotal2024-10-3114407999core:RetainedEarningsAccumulatedLosses2024-10-3114407999core:NetGoodwill2023-10-3114407999core:IntangibleAssetsOtherThanGoodwill2023-10-3114407999core:LandBuildings2023-10-3114407999core:PlantMachinery2023-10-3114407999core:Vehicles2023-10-3114407999core:FurnitureFittings2023-10-3114407999core:OfficeEquipment2023-10-3114407999core:AfterOneYear2023-10-3114407999core:WithinOneYear2023-10-3114407999core:ListedExchangeTraded2023-10-3114407999core:UnlistedNon-exchangeTraded2023-10-3114407999core:ShareCapital2023-10-3114407999core:SharePremium2023-10-3114407999core:RevaluationReserve2023-10-3114407999core:OtherReservesSubtotal2023-10-3114407999core:RetainedEarningsAccumulatedLosses2023-10-3114407999core:NetGoodwill2022-10-1014407999core:IntangibleAssetsOtherThanGoodwill2022-10-1014407999core:LandBuildings2022-10-1014407999core:PlantMachinery2022-10-1014407999core:Vehicles2022-10-1014407999core:FurnitureFittings2022-10-1014407999core:OfficeEquipment2022-10-1014407999core:AfterOneYear2022-10-1014407999core:WithinOneYear2022-10-1014407999core:ListedExchangeTraded2022-10-1014407999core:UnlistedNon-exchangeTraded2022-10-1014407999core:ShareCapital2022-10-1014407999core:SharePremium2022-10-1014407999core:RevaluationReserve2022-10-1014407999core:OtherReservesSubtotal2022-10-1014407999core:RetainedEarningsAccumulatedLosses2022-10-1014407999core:AfterOneYear2023-11-012024-10-3114407999core:WithinOneYear2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:CostValuation2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3114407999core:Non-currentFinancialInstrumentscore:CostValuation2024-10-3114407999core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-10-3114407999core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-10-3114407999core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-10-3114407999core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-10-3114407999core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-10-3114407999core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-10-3114407999core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-10-3114407999core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-10-3114407999core:Non-currentFinancialInstrumentscore:CostValuation2023-10-3114407999core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-3114407999core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-3114407999core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-3114407999core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-3114407999core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-3114407999core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-3114407999core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-3114407999core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-3114407999bus:Director12023-11-012024-10-3114407999bus:Director22023-11-012024-10-31

SP Graphics Limited

Registered Number
14407999
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2024

SP Graphics Limited
Company Information
for the year from 1 November 2023 to 31 October 2024

Directors

CHENERY, Stuart Peter
WILSON, Paul Alexander

Registered Address

Vermeulen's Garden Centre
Horton Road
Staines-Upon-Thames
TW19 6AE

Registered Number

14407999 (England and Wales)
SP Graphics Limited
Balance Sheet as at
31 October 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets323,14811,941
23,14811,941
Current assets
Debtors4204,582243,862
Cash at bank and on hand33,42161,240
238,003305,102
Creditors amounts falling due within one year5(120,340)(127,586)
Net current assets (liabilities)117,663177,516
Total assets less current liabilities140,811189,457
Creditors amounts falling due after one year6(58,123)(68,458)
Net assets82,688120,999
Capital and reserves
Called up share capital100100
Profit and loss account82,588120,899
Shareholders' funds82,688120,999
The financial statements were approved and authorised for issue by the Board of Directors on 25 June 2025, and are signed on its behalf by:
WILSON, Paul Alexander
Director
Registered Company No. 14407999
SP Graphics Limited
Notes to the Financial Statements
for the year ended 31 October 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Finance costs
Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Land and buildings7
2.Average number of employees

20242023
Average number of employees during the year53
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 November 2311,995
Additions13,496
At 31 October 2425,491
Depreciation and impairment
At 01 November 2354
Charge for year2,289
At 31 October 242,343
Net book value
At 31 October 2423,148
At 31 October 2311,941
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables129,511134,195
Other debtors72,805107,289
Prepayments and accrued income2,2662,378
Total204,582243,862
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables27,84441,980
Taxation and social security75,99372,156
Other creditors16,50312,000
Accrued liabilities and deferred income-1,450
Total120,340127,586
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts58,12368,458
Total58,12368,458