Registered number
07984749
Elite Printing Ink Company UK Limited
Report and Accounts
31 March 2025
Elite Printing Ink Company UK Limited
Registered number: 07984749
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 31,900 31,900
Current assets
Stocks 5,410 4,758
Debtors 4 202,225 19,782
Cash at bank and in hand 577,574 700,149
785,209 724,689
Creditors: amounts falling due within one year 5 (233,345) (114,898)
Net current assets 551,864 609,791
Total assets less current liabilities 583,764 641,691
Creditors: amounts falling due after more than one year 6 (24,001) (30,001)
Net assets 559,763 611,690
Capital and reserves
Called up share capital 2 2
Profit and loss account 559,761 611,688
Shareholder's funds 559,763 611,690
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
K K Passi
Director
Approved by the board on 23 July 2025
Elite Printing Ink Company UK Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Motor vehicles
£
Cost
At 1 April 2024 31,900
At 31 March 2025 31,900
Depreciation
At 31 March 2025 -
Net book value
At 31 March 2025 31,900
At 31 March 2024 31,900
4 Debtors 2025 2024
£ £
Trade debtors 202,225 19,782
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 196,254 26,241
Corporation tax 68,684 112,259
Other taxes and social security costs (31,594) (23,602)
Other creditors 1 -
233,345 114,898
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 24,001 30,001
7 Other information
Elite Printing Ink Company UK Limited is a private company limited by shares and incorporated in England. Its registered office is:
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
Elite Printing Ink Company UK Limited 07984749 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2024 K K Passi No description of principal activity 07984749 2023-04-01 2024-03-31 07984749 core:WithinOneYear 2024-03-31 07984749 core:AfterOneYear 2024-03-31 07984749 core:ShareCapital 2024-03-31 07984749 core:RetainedEarningsAccumulatedLosses 2024-03-31 07984749 2024-04-01 2025-03-31 07984749 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07984749 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07984749 bus:Director40 2024-04-01 2025-03-31 07984749 countries:England 2024-04-01 2025-03-31 07984749 bus:FRS102 2024-04-01 2025-03-31 07984749 bus:FilletedAccounts 2024-04-01 2025-03-31 07984749 2025-03-31 07984749 core:WithinOneYear 2025-03-31 07984749 core:AfterOneYear 2025-03-31 07984749 core:ShareCapital 2025-03-31 07984749 core:RetainedEarningsAccumulatedLosses 2025-03-31 07984749 core:Vehicles 2025-03-31 07984749 2024-03-31 07984749 core:Vehicles 2024-03-31 iso4217:GBP xbrli:pure