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REGISTERED NUMBER: 04296084 (England and Wales)

























Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Direct Copiers (Service) Ltd

Direct Copiers (Service) Ltd (Registered number: 04296084)






Contents of the Financial Statements
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 8

Direct Copiers (Service) Ltd

Company Information
for the year ended 31 March 2025







DIRECTORS: K Chadwick
Mrs V J Chadwick
L B Green





SECRETARY: Mrs V J Chadwick





REGISTERED OFFICE: The Former Royal Mail Sorting Office
Horseley Road
Tipton
West Midlands
DY4 7DB





REGISTERED NUMBER: 04296084 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co. Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Direct Copiers (Service) Ltd (Registered number: 04296084)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 232,993 213,544
Investments 5 955 955
233,948 214,499

CURRENT ASSETS
Stocks 64,148 66,334
Debtors 6 43,106 53,546
Cash at bank 49,856 58,247
157,110 178,127
CREDITORS
Amounts falling due within one year 7 220,449 206,983
NET CURRENT LIABILITIES (63,339 ) (28,856 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,609

185,643

CREDITORS
Amounts falling due after more than one year 8 (63,912 ) (47,743 )

PROVISIONS FOR LIABILITIES (23,872 ) (28,242 )
NET ASSETS 82,825 109,658

CAPITAL AND RESERVES
Called up share capital 970 970
Capital redemption reserve 560 560
Retained earnings 81,295 108,128
SHAREHOLDERS' FUNDS 82,825 109,658

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.

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 11 July 2025 and were signed on its behalf by:



Mrs V J Chadwick - Director


Direct Copiers (Service) Ltd (Registered number: 04296084)

Notes to the Financial Statements
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Direct Copiers (Service) 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.

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


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared in accordance with United Kingdom Accounting Standards, including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland" ("FRS") and the Companies Act 2006.

The company has adopted the FRS 102 accounting policies and principles on a consistent basis from the date of transition. The principal policies are set out below:

The financial statements have been prepared on a going concern basis under the historical cost convention in accordance with the Companies Act 2006. The financial statements are presented in Sterling.

Preparation of consolidated financial statements
The financial statements contain information about Direct Copiers (Service) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

When the outcome of a transaction can be estimated reliably, turnover is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to a notable milestone.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible assets, at rates calculated to write off the cost less estimated residual value,of each asset on a systematic basis over their estimated useful lives as follows:

Improvements to property-25% on reducing balance basis
Plant & machinery-25% on reducing balance basis
Motor vehicles-25% on reducing balance basis
Fixtures and fittings-25% on reducing balance basis
Computer equipment-33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.


Direct Copiers (Service) Ltd (Registered number: 04296084)

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Share capital
Ordinary shares are classed as equity.

Distribution to equity holders
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Operating leases
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Government grants
Grants received from the government are recognised in the Income Statement in the period in which the benefit is received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

Direct Copiers (Service) Ltd (Registered number: 04296084)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 8,100 207,135 9,509
Additions - 52,546 -
Disposals - - -
At 31 March 2025 8,100 259,681 9,509
DEPRECIATION
At 1 April 2024 2,025 114,064 9,241
Charge for year 2,025 36,404 67
Eliminated on disposal - - -
At 31 March 2025 4,050 150,468 9,308
NET BOOK VALUE
At 31 March 2025 4,050 109,213 201
At 31 March 2024 6,075 93,071 268

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 214,537 4,471 443,752
Additions 50,800 374 103,720
Disposals (36,863 ) - (36,863 )
At 31 March 2025 228,474 4,845 510,609
DEPRECIATION
At 1 April 2024 100,856 4,022 230,208
Charge for year 41,120 349 79,965
Eliminated on disposal (32,557 ) - (32,557 )
At 31 March 2025 109,419 4,371 277,616
NET BOOK VALUE
At 31 March 2025 119,055 474 232,993
At 31 March 2024 113,681 449 213,544

Direct Copiers (Service) Ltd (Registered number: 04296084)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024 68,116
Additions 50,800
At 31 March 2025 118,916
DEPRECIATION
At 1 April 2024 20,167
Charge for year 24,687
At 31 March 2025 44,854
NET BOOK VALUE
At 31 March 2025 74,062
At 31 March 2024 47,949

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024
and 31 March 2025 955
NET BOOK VALUE
At 31 March 2025 955
At 31 March 2024 955

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 42,255 52,419
Other debtors - 85
Prepayments & accrued income 851 1,042
43,106 53,546

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 17,397 11,961
Trade creditors 56,882 61,203
Social security & other taxes 8,995 10,902
VAT 12,342 13,446
Other creditors 13,712 13,380
Due to related companies 1,814 1,511
Directors' current accounts 92,093 82,305
Accrued expenses 7,214 2,275
220,449 206,983

Direct Copiers (Service) Ltd (Registered number: 04296084)

Notes to the Financial Statements - continued
for the year ended 31 March 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 2,218 10,000
Bank loans - 2-5 years - 2,419
Hire purchase contracts 61,694 35,324
63,912 47,743

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase 79,092 47,285

10. OTHER FINANCIAL COMMITMENTS

Total operating lease commitments which are not included in the balance sheet amount to £25,000 falling due within one year.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the directors were owed £92,093 (2024: £82,305) by the company, which is repayable on demand and attracts no interest.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Direct Copiers (Service) Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Direct Copiers (Service) Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Direct Copiers (Service) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Direct Copiers (Service) Ltd and state those matters that we have agreed to state to the Board of Directors of Direct Copiers (Service) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Direct Copiers (Service) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Direct Copiers (Service) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Direct Copiers (Service) Ltd. You consider that Direct Copiers (Service) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Direct Copiers (Service) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co. Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


11 July 2025