Company Registration No. 07048604 (England and Wales)
Service Print Limited
Unaudited accounts
for the year ended 31 December 2024
Service Print Limited
Company Information
for the year ended 31 December 2024
Company Number
07048604 (England and Wales)
Registered Office
105 Abbey Street
London
SE1 3NP
United Kingdom
Accountants
Seven Eleven Accountants
75 Containerville
1 Emma Street
London
E2 9FP
Service Print Limited
Statement of financial position
as at 31 December 2024
Tangible assets
30,848
27,739
Cash at bank and in hand
124,839
111,654
Creditors: amounts falling due within one year
(43,692)
(41,956)
Net current assets
96,856
88,303
Total assets less current liabilities
127,704
116,042
Creditors: amounts falling due after more than one year
(7,556)
(15,137)
Provisions for liabilities
Deferred tax
(6,170)
(5,548)
Called up share capital
2
2
Profit and loss account
113,976
95,355
Shareholders' funds
113,978
95,357
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 September 2025 and were signed on its behalf by
Tolga Fahri
Director
Company Registration No. 07048604
Service Print Limited
Notes to the Accounts
for the year ended 31 December 2024
Service Print Limited is a private company, limited by shares, registered in England and Wales, registration number 07048604. The registered office is 105 Abbey Street, London, SE1 3NP, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 Years
Computer equipment
5 Years
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Service Print Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
99,121
4,527
3,054
106,702
Additions
10,082
-
1,933
12,015
At 31 December 2024
109,203
4,527
4,987
118,717
At 1 January 2024
75,725
2,706
532
78,963
Charge for the year
7,218
905
783
8,906
At 31 December 2024
82,943
3,611
1,315
87,869
At 31 December 2024
26,260
916
3,672
30,848
At 31 December 2023
23,396
1,821
2,522
27,739
Amounts falling due within one year
Accrued income and prepayments
4,400
11,188
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,544
7,297
Trade creditors
19,183
13,791
Taxes and social security
11,014
14,732
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).