Company No: 05296847 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	G Allardice
	S Allardice

SECRETARY

S Allardice

REGISTERED OFFICE	The Old Rectory
	Churchill
	Chipping Norton
	OX7 6NU
	United Kingdom

COMPANY NUMBER

05296847 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	264 Banbury Road
	Oxford
	OX2 7DY
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	57,788		2,765
Tangible assets	4	100,805		116,946
Investments	5	50		50
		158,643		119,761
Current assets
Stocks		679,466		690,646
Debtors	6	911,239		733,099
Cash at bank and in hand		1,057,352		1,049,391
		2,648,057		2,473,136
Creditors: amounts falling due within one year	7	( 386,194)		( 520,078)
Net current assets		2,261,863		1,953,058
Total assets less current liabilities		2,420,506		2,072,819
Provision for liabilities		( 25,150)		( 23,462)
Net assets		2,395,356		2,049,357
Capital and reserves
Called-up share capital	8	2		2
Profit and loss account		2,395,354		2,049,355
Total shareholders' funds		2,395,356		2,049,357

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Archivist Limited (registered number: 05296847) were approved and authorised for issue by the Board of Directors on 02 September 2025. They were signed on its behalf by:

S Allardice Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Archivist Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Old Rectory, Churchill, Chipping Norton, OX7 6NU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Employee benefits

Short term benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	3 years straight line
Plant and machinery etc.	10 - 25 % reducing balance

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Fixed asset investments

On 20 January 2020, Archivist Press Limited was incorporated, which is a 100% trading subsidiary of Archivist Limited.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities 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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	27		23

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 May 2024	6,567		6,567
Additions	55,680		55,680
At 30 April 2025	62,247		62,247
Accumulated amortisation
At 01 May 2024	3,802		3,802
Charge for the financial year	657		657
At 30 April 2025	4,459		4,459
Net book value
At 30 April 2025	57,788		57,788
At 30 April 2024	2,765		2,765

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 May 2024	78,533		176,469		255,002
Additions	0		28,880		28,880
At 30 April 2025	78,533		205,349		283,882
Accumulated depreciation
At 01 May 2024	55,432		82,624		138,056
Charge for the financial year	22,899		22,122		45,021
At 30 April 2025	78,331		104,746		183,077
Net book value
At 30 April 2025	202		100,603		100,805
At 30 April 2024	23,101		93,845		116,946

5. Fixed asset investments

	2025		2024
	£		£
Subsidiary undertakings	50		50

Investments in subsidiaries

	2025
	£
Cost
At 01 May 2024	50
At 30 April 2025	50
Carrying value at 30 April 2025	50
Carrying value at 30 April 2024	50

The company has not designated any financial assets that are not classified as financial assets at fair value through profit or loss.

6. Debtors

	2025		2024
	£		£
Trade debtors	710,222		529,983
Amounts owed by own subsidiaries	137,191		137,191
Other debtors	63,826		65,925
	911,239		733,099

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	118,798		174,400
Taxation and social security	79,595		174,881
Other creditors	187,801		170,797
	386,194		520,078

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each	2		2

9. Financial commitments

Commitments

	2025		2024
	£		£
Total future minimum lease payments under non-cancellable operating lease	97,800		154,487

10. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Amount of dividends paid to directors in respect of shares held by the company's directors in the year	357,000		41,400
Amounts included in other creditors that are owed to the directors. This loan is unsecured, and repayable on demand. No interest has been charged on this loan	4,990		16,963