REGISTERED NUMBER: 03878140 (England and Wales)

MOZAIC UK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J H Waring

REGISTERED OFFICE:

10 Oak House, Phoenix Road

Off Engine Lane, Moorgreen Ind'l Park

Newthorpe

Nottinghamshire

NG16 3QU

REGISTERED NUMBER:

03878140 (England and Wales)

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

93,108

115,776

93,108

115,776

CURRENT ASSETS

Stocks

10,381

11,726

Debtors

7

624,648

656,847

Cash at bank

16,541

39,940

651,570

708,513

CREDITORS

Amounts falling due within one year

8

186,796

208,469

NET CURRENT ASSETS

464,774

500,044

TOTAL ASSETS LESS CURRENT LIABILITIES

557,882

615,820

CREDITORS

Amounts falling due after more than one year

9

49,896

88,338

NET ASSETS

507,986

527,482

CAPITAL AND RESERVES

Called up share capital

11

8

8

Retained earnings

507,978

527,474

SHAREHOLDERS' FUNDS

507,986

527,482

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 director acknowledges his 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 director and authorised for issue on 8 September 2025 and were signed by:

Mr J H Waring - Director

1.	STATUTORY INFORMATION

Mozaic UK 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 represents the value excluding Value Added Tax of printing goods and services provided to customers during the year. In respect of printing goods and services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten 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.

Tangible fixed assets

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

Long leasehold

-

10% straight line

Plant and machinery

-

20% straight line

Fixtures and fittings

-

33% straight line

Motor vehicles

-

15% straight line

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Financial instruments

Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

63,883

AMORTISATION

At 1 April 2024

and 31 March 2025

63,883

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

80,072

674,907

17,250

79,025

851,254

DEPRECIATION

At 1 April 2024

60,050

648,603

15,186

11,639

735,478

Charge for year

5,341

1,637

982

14,708

22,668

At 31 March 2025

65,391

650,240

16,168

26,347

758,146

NET BOOK VALUE

At 31 March 2025

14,681

24,667

1,082

52,678

93,108

At 31 March 2024

20,022

26,304

2,064

67,386

115,776

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

102,369

124,760

Amounts owed by group undertakings

506,322

513,133

Other debtors

6

6

Deferred tax asset

15,951

18,948

624,648

656,847

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

20,000

20,000

Hire purchase contracts

19,005

19,114

Trade creditors

75,379

91,363

Corporation tax

18,112

18,915

Social security and other taxes

3,413

3,647

VAT

21,735

25,208

Other creditors

325

5,360

Credit card

1,546

2,061

Directors' current accounts

4,520

2,461

Accruals and deferred income

22,761

20,340

186,796

208,469

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

1,667

21,667

Hire purchase contracts

48,229

66,671

49,896

88,338

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

67,234

85,785

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

8

Ordinary

1

8

8

12.	RELATED PARTY DISCLOSURES

During the year £37,570 (2024: £20,008) in salary payments were paid to directors and key management.

At the balance sheet date, £402,248 (2024: £401,424) was owed from Century Digital Print Limited, a company which wholly owns Mozaic UK Limited.

At the balance sheet dat, £104,074 (2024: £111,709) was owed from Century Print Solutions Limited, the parent company of the group which wholly owns Century Digital Print Limited.