REGISTERED NUMBER: 06446271 (England and Wales)

Dorchester Print Limited

Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Sharpe

C P Garman

REGISTERED OFFICE:

24 Cornwall Road

Dorchester

Dorset

DT1 1RX

REGISTERED NUMBER:

06446271 (England and Wales)

ACCOUNTANTS:

Read Woodruff

Chartered Accountants

24 Cornwall Road

Dorchester

Dorset

DT1 1RX

BANKERS:

Lloyds Bank plc

1 High West Street

Dorchester

Dorset

DT1 1UG

FIXED ASSETS

Intangible assets

4

1,550

2,325

Tangible assets

5

57,890

68,713

59,440

71,038

CURRENT ASSETS

Stocks

8,453

7,844

Debtors

6

34,106

29,650

Cash at bank and in hand

210,937

204,041

253,496

241,535

CREDITORS

Amounts falling due within one year

7

77,234

89,974

NET CURRENT ASSETS

176,262

151,561

TOTAL ASSETS LESS CURRENT LIABILITIES

235,702

222,599

CREDITORS

Amounts falling due after more than one year

8

-

(14,167

)

PROVISIONS FOR LIABILITIES

(13,824

)

(15,557

)

NET ASSETS

221,878

192,875

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

221,778

192,775

SHAREHOLDERS' FUNDS

221,878

192,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 17 September 2025 and were signed on its behalf by:

A Sharpe - Director

C P Garman - Director

1.	STATUTORY INFORMATION

Dorchester Print 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 for three separate businesses in 2008, 2011 and 2017, 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.

Plant and machinery

-

15% on reducing balance

Office equipment

-

33% on reducing balance

Motor vehicles

-

25% 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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

39,142

AMORTISATION

At 1 January 2024

36,817

Amortisation for year

775

At 31 December 2024

37,592

NET BOOK VALUE

At 31 December 2024

1,550

At 31 December 2023

2,325

5.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

machinery

equipment

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

140,269

12,224

8,495

160,988

DEPRECIATION

At 1 January 2024

74,806

9,824

7,645

92,275

Charge for year

9,819

792

212

10,823

At 31 December 2024

84,625

10,616

7,857

103,098

NET BOOK VALUE

At 31 December 2024

55,644

1,608

638

57,890

At 31 December 2023

65,463

2,400

850

68,713

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

29,218

25,060

Prepayments and accrued income

4,888

4,590

34,106

29,650

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

10,000

Trade creditors

10,801

9,520

UK corporation tax

34,150

31,738

Tax and social security costs

6,563

10,223

Other creditors

329

306

Directors' current accounts

22,496

25,897

Accruals and deferred income

2,895

2,290

77,234

89,974

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

-

14,167

9.	OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments totalling £23,585.