REGISTERED NUMBER: 03479758 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

E Petch Printers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M G Needham

Mrs G M Needham

GA Edwards

SECRETARY:

Mrs G M Needham

REGISTERED OFFICE:

3 Waterloo Road

Stalybridge

Cheshire

SK15 2AU

REGISTERED NUMBER:

03479758 (England and Wales)

ACCOUNTANTS:

Lomas and Company Accountants Limited

Bridge House

12 Market Street

Glossop

Derbyshire

SK13 8AR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

96,540

65,526

96,540

65,526

CURRENT ASSETS

Stocks

1,300

1,300

Debtors

6

188,637

155,571

Cash at bank

40,282

67,045

230,219

223,916

CREDITORS

Amounts falling due within one year

7

239,776

232,309

NET CURRENT LIABILITIES

(9,557

)

(8,393

)

TOTAL ASSETS LESS CURRENT LIABILITIES

86,983

57,133

CREDITORS

Amounts falling due after more than one year

8

(62,554

)

(40,497

)

PROVISIONS FOR LIABILITIES

(24,135

)

(16,381

)

NET ASSETS

294

255

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

194

155

SHAREHOLDERS' FUNDS

294

255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 15 September 2025 and were signed on its behalf by:

M G Needham - Director

1.	STATUTORY INFORMATION

E Petch Printers 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 represents the invoice value of goods sold/services provided net of value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business in 1999, has been amortised evenly over its estimated useful life of twenty 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

and 28 February 2025

41,183

AMORTISATION

At 1 March 2024

and 28 February 2025

41,183

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2024

665,754

1,820

72,860

15,277

755,711

Additions

57,000

-

-

-

57,000

At 28 February 2025

722,754

1,820

72,860

15,277

812,711

DEPRECIATION

At 1 March 2024

630,251

444

45,683

13,807

690,185

Charge for year

18,501

206

6,794

485

25,986

At 28 February 2025

648,752

650

52,477

14,292

716,171

NET BOOK VALUE

At 28 February 2025

74,002

1,170

20,383

985

96,540

At 29 February 2024

35,503

1,376

27,177

1,470

65,526

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 March 2024

49,600

53,560

103,160

Additions

57,000

-

57,000

Transfer to ownership

(49,600

)

-

(49,600

)

At 28 February 2025

57,000

53,560

110,560

DEPRECIATION

At 1 March 2024

33,347

30,965

64,312

Charge for year

11,400

5,649

17,049

Transfer to ownership

(33,347

)

-

(33,347

)

At 28 February 2025

11,400

36,614

48,014

NET BOOK VALUE

At 28 February 2025

45,600

16,946

62,546

At 29 February 2024

16,253

22,595

38,848

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

180,215

148,169

Other debtors

2,500

2,500

E Petch Holdings Ltd

443

-

Prepayments

5,479

4,902

188,637

155,571

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

5,413

5,113

Hire purchase contracts

18,951

12,726

Trade creditors

87,471

86,469

Tax

22,850

30,238

Social security and other taxes

10,009

463

VAT

20,562

22,635

Other creditors

12,238

16,256

E Petch Holdings Ltd

-

2,223

Directors' current accounts

51,171

32,727

Accruals and deferred income

-

4,125

Accrued expenses

11,111

19,334

239,776

232,309

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Loan

24,941

30,599

Hire purchase contracts

37,613

9,898

62,554

40,497

9.	ULTIMATE CONTROLLING PARTY

Mr & Mrs Needham are the ultimate controlling party of the company as they own all of the Ordinary A shares in the holding company - E Petch Holdings Ltd.