REGISTERED NUMBER: 10535897 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Ink Retouch Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Castley

T H Warren

REGISTERED OFFICE:

Springfield House

5 Tyssen Street

London

E8 2LZ

REGISTERED NUMBER:

10535897 (England and Wales)

ACCOUNTANTS:

EWP Limited

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Intangible assets

4

13,311

2,914

Tangible assets

5

819,519

887,986

Investments

6

222,315

417,311

1,055,145

1,308,211

CURRENT ASSETS

Debtors

7

948,446

715,208

Cash at bank

193,682

89,301

1,142,128

804,509

CREDITORS

Amounts falling due within one year

8

1,460,585

1,491,282

NET CURRENT LIABILITIES

(318,457

)

(686,773

)

TOTAL ASSETS LESS CURRENT LIABILITIES

736,688

621,438

CREDITORS

Amounts falling due after more than one year

9

(82,782

)

(118,858

)

PROVISIONS FOR LIABILITIES

(30,256

)

(26,457

)

NET ASSETS

623,650

476,123

CAPITAL AND RESERVES

Called up share capital

105

105

Share premium

14,245

14,245

Retained earnings

609,300

461,773

623,650

476,123

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 2 July 2025 and were signed on its behalf by:

T H Warren - Director

1.	STATUTORY INFORMATION

Ink Retouch 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

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

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements Over the life of the lease

Plant and equipment 25% on cost

Fixtures and fittings 25% on cost

Computers 33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

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.

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 27 (2024 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

-

3,411

3,411

Additions

12,500

-

12,500

At 31 March 2025

12,500

3,411

15,911

AMORTISATION

At 1 April 2024

-

497

497

Charge for year

1,250

853

2,103

At 31 March 2025

1,250

1,350

2,600

NET BOOK VALUE

At 31 March 2025

11,250

2,061

13,311

At 31 March 2024

-

2,914

2,914

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

872,274

260,113

1,132,387

Additions

17,636

62,811

80,447

At 31 March 2025

889,910

322,924

1,212,834

DEPRECIATION

At 1 April 2024

87,202

157,199

244,401

Charge for year

90,902

58,012

148,914

At 31 March 2025

178,104

215,211

393,315

NET BOOK VALUE

At 31 March 2025

711,806

107,713

819,519

At 31 March 2024

785,072

102,914

887,986

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 April 2024

and 31 March 2025

417,311

PROVISIONS

Impairments

194,996

At 31 March 2025

194,996

NET BOOK VALUE

At 31 March 2025

222,315

At 31 March 2024

417,311

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

668,872

376,031

Amounts owed by group undertakings

87,219

154,183

Other debtors

192,355

184,994

948,446

715,208

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Finance leases

36,076

36,076

Trade creditors

286,520

216,400

Amounts owed to group undertakings

666,288

638,449

Taxation and social security

221,455

29,534

Other creditors

250,246

570,823

1,460,585

1,491,282

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Finance leases

82,782

118,858