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REGISTERED NUMBER: 11646479 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

The Engraving Workshop Limited

The Engraving Workshop Limited (Registered number: 11646479)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


The Engraving Workshop Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Ms A Luddington-Smith





REGISTERED OFFICE: Southfields Lodge
Kimbolton Road
Bolnhurst
Bedfordshire
MK44 2EY





REGISTERED NUMBER: 11646479 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

The Engraving Workshop Limited (Registered number: 11646479)

Statement of Financial Position
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 6,132 7,737

CURRENT ASSETS
Stocks 63,475 62,642
Debtors 6 26,542 29,956
Cash at bank and in hand 52,503 61,513
142,520 154,111
CREDITORS
Amounts falling due within one year 7 14,597 25,852
NET CURRENT ASSETS 127,923 128,259
TOTAL ASSETS LESS CURRENT
LIABILITIES

134,055

135,996

CREDITORS
Amounts falling due after more than one
year

8

(2,450

)

(6,650

)

PROVISIONS FOR LIABILITIES (1,165 ) (1,470 )
NET ASSETS 130,440 127,876

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 130,439 127,875
130,440 127,876

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Engraving Workshop Limited (Registered number: 11646479)

Statement of Financial Position - continued
31 October 2024


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 director and authorised for issue on 20 June 2025 and were signed by:





Ms A Luddington-Smith - Director


The Engraving Workshop Limited (Registered number: 11646479)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

The Engraving Workshop 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 33% on cost
Computer equipment - 25% 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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

The Engraving Workshop Limited (Registered number: 11646479)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 November 2023 7,626 250 5,487 13,363
Additions 450 - - 450
At 31 October 2024 8,076 250 5,487 13,813
DEPRECIATION
At 1 November 2023 3,183 250 2,193 5,626
Charge for year 683 - 1,372 2,055
At 31 October 2024 3,866 250 3,565 7,681
NET BOOK VALUE
At 31 October 2024 4,210 - 1,922 6,132
At 31 October 2023 4,443 - 3,294 7,737

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 8,537 11,064
Amounts recoverable on contracts - 509
Other debtors 1,200 3,971
Directors' current accounts 15,185 10,190
VAT - 2,666
Prepayments 1,620 1,556
26,542 29,956

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 4,200 4,200
Trade creditors 2,796 3,258
Tax 957 12,407
Social security and other taxes (1,050 ) (1,022 )
VAT 1,059 -
Other creditors 5,661 6,045
Accrued expenses 974 964
14,597 25,852

The Engraving Workshop Limited (Registered number: 11646479)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans - 1-2 years 2,450 4,200
Bank loans - 2-5 years - 2,450
2,450 6,650

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24 31.10.23
£    £   
Ms A Luddington-Smith
Balance outstanding at start of year 10,190 3,152
Amounts advanced 6,471 11,905
Amounts repaid (1,476 ) (4,867 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,185 10,190