A1 Press Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05602198 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

A1 Press Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G P Nattriss

J R Want

REGISTERED OFFICE:

Unit 715C

Thorp Arch Estate

Wetherby

LS23 7FY

REGISTERED NUMBER:

05602198 (England and Wales)

ACCOUNTANTS:

Franks Accountants Limited

First Floor

Equinox 1

Audby Lane

Wetherby

West Yorkshire

LS22 7RD

FIXED ASSETS

Intangible assets

4

2,500

5,000

Tangible assets

5

620,976

626,217

623,476

631,217

CURRENT ASSETS

Stocks

12,500

Debtors

6

63,169

94,536

Cash at bank

-

6,900

75,669

113,936

CREDITORS

Amounts falling due within one year

7

302,725

374,707

NET CURRENT LIABILITIES

(227,056

)

(260,771

)

TOTAL ASSETS LESS CURRENT LIABILITIES

396,420

370,446

CREDITORS

Amounts falling due after more than one
year

8

236,371

257,030

NET ASSETS

160,049

113,416

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

9

63,089

Retained earnings

96,860

50,227

160,049

113,416

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 30 September 2025 and were signed on its behalf by:

G P Nattriss - Director

1.	STATUTORY INFORMATION

A1 Press Ltd 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.	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 in connection with the acquisition of a business in 2008, is being 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 etc

-

25% on cost and 10% on cost

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 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 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.

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 3 (2023 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

50,000

AMORTISATION

At 1 January 2024

45,000

Charge for year

2,500

At 31 December 2024

47,500

NET BOOK VALUE

At 31 December 2024

2,500

At 31 December 2023

5,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

585,000

320,578

905,578

Additions

-

1,371

At 31 December 2024

585,000

321,949

906,949

DEPRECIATION

At 1 January 2024

-

279,361

Charge for year

-

6,612

At 31 December 2024

-

285,973

NET BOOK VALUE

At 31 December 2024

585,000

35,976

620,976

At 31 December 2023

585,000

41,217

626,217

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

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

103,483

DEPRECIATION

At 1 January 2024

and 31 December 2024

103,483

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

63,169

94,536

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

87,591

153,437

Hire purchase contracts

715

2,444

Trade creditors

38,090

60,273

Taxation and social security

51,524

88,534

Other creditors

124,805

70,019

302,725

374,707

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

Bank loans

236,371

257,030

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

236,371

257,030

9.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

63,089

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors : amounts falling due within one year is an amount owed to the directors of £65,901(2023 - £65,117). No interest is charged in respect of this amount.