Company Registration No. 08789611 (England and Wales)
365 Print Solutions Limited
Unaudited accounts
for the year ended 31 December 2024
365 Print Solutions Limited
Unaudited accounts
Contents
365 Print Solutions Limited
Company Information
for the year ended 31 December 2024
Directors
Mitchell Scott Dodds
Simon Geoffrey Adderley
Company Number
08789611 (England and Wales)
Registered Office
295 Headley Road East
Woodley
Reading
Berkshire
RG5 4SE
England
Accountants
Redwood Accountants
26 Martingale Grove
Arborfield Green
Reading
Berkshire
RG2 9HD
365 Print Solutions Limited
Statement of financial position
as at 31 December 2024
Tangible assets
2,204
1,676
Cash at bank and in hand
13,226
36,796
Creditors: amounts falling due within one year
(10,484)
5,980
Net current assets
68,396
88,585
Total assets less current liabilities
70,600
90,261
Creditors: amounts falling due after more than one year
(20,258)
(54,185)
Called up share capital
6
6
Profit and loss account
50,336
36,070
Shareholders' funds
50,342
36,076
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 directors acknowledge their 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 of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Mitchell Scott Dodds
Director
Company Registration No. 08789611
365 Print Solutions Limited
Notes to the Accounts
for the year ended 31 December 2024
365 Print Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 08789611. The registered office is 295 Headley Road East, Woodley, Reading, Berkshire, RG5 4SE, England.
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:
Computer equipment
4 years straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
365 Print Solutions Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
54,201
31,051
Other debtors
11,453
14,758
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
32,515
28,714
Trade creditors
20,924
31,568
Taxes and social security
31,032
14,494
Loans from directors
(76,103)
(86,584)
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
3 Ordinary A shares of £1 each
3
3
3 Ordinary B shares of £1 each
3
3
365 Print Solutions Limited
Notes to the Accounts
for the year ended 31 December 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan
24,672
40,621
45,000
20,293
Directors Loan
61,912
47,033
53,135
55,810
86,584
87,654
98,135
76,103
Loans are provided at an interest rate of 2.25% with no set repayment terms.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).