Company Registration No. 03363098 (England and Wales)
IMPRESS PRINT SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
Nelson House
2 Hamilton Terrace
Leamington Spa
Warwickshire
England
CV32 4LY
IMPRESS PRINT SERVICES LIMITED
CONTENTS
Page
Strategic report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 12
IMPRESS PRINT SERVICES LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 30 APRIL 2025
- 1 -

The director presents the strategic report for the year ended 30 April 2025.

Fair review of the business

The results for the year and the financial position at the year end for Impress Print Services Limited were considered satisfactory by the directors, who expect further growth in future years.

Principal risks and uncertainties

Impress Print Services Limited are Lithographic, Digital and Large Format Printers.

Impress Print Services Limited constantly invest and update in technology, so that customers can produce their work using the latest equipment, ensuring efficiency and accuracy in their product.

Development and performance

Adequate finance has been obtained to take advantage of business opportunities, and the directors consider the state of affairs to be satisfactory.

Key performance indicators

The company had an increase in shareholders funds from £988,217 to £1,050,939 during the year.

Other performance indicators

Gross profit for the year was 19.33% (2024 - 21.51%).

On behalf of the board

Mr M A Kille
Director
3 September 2025
IMPRESS PRINT SERVICES LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
5
2,718,941
2,799,250
Investments
6
-
0
3,500
2,718,941
2,802,750
Current assets
Stocks
228,460
240,310
Debtors
7
1,817,955
1,497,461
Cash at bank and in hand
68,453
94,748
2,114,868
1,832,519
Creditors: amounts falling due within one year
8
(2,588,339)
(2,051,663)
Net current liabilities
(473,471)
(219,144)
Total assets less current liabilities
2,245,470
2,583,606
Creditors: amounts falling due after more than one year
9
(627,072)
(1,066,244)
Provisions for liabilities
(567,440)
(529,125)
Net assets
1,050,958
988,237
Capital and reserves
Called up share capital
20
20
Profit and loss reserves
10
1,050,938
988,217
Total equity
1,050,958
988,237
IMPRESS PRINT SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2025
30 April 2025
- 3 -

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 3 September 2025
Mr M A Kille
Director
Company Registration No. 03363098
IMPRESS PRINT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 4 -
1
Accounting policies
Company information

Impress Print Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 19 Lyon Road, Hersham, Surrey, KT12 3PU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Leasehold
Straight line over the term of the lease
Plant and machinery
15% and 20% reducing balance and 25% straight line
Fixtures, fittings & equipment
33% Reducing balance
Motor vehicles
25% Reducing balance
IMPRESS PRINT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 5 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

1.8
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

IMPRESS PRINT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 6 -
1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

IMPRESS PRINT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 7 -
1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

IMPRESS PRINT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 8 -
1.13
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

1.14
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
85
75
IMPRESS PRINT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 9 -
4
Intangible fixed assets
Goodwill
£
Cost
At 1 May 2024 and 30 April 2025
349,999
Amortisation and impairment
At 1 May 2024 and 30 April 2025
349,999
Carrying amount
At 30 April 2025
-
0
At 30 April 2024
-
0
5
Tangible fixed assets
Land and buildings Leasehold
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 May 2024
109,124
5,141,191
390,329
155,601
5,796,245
Additions
-
0
328,269
10,229
63,999
402,497
Disposals
-
0
(2,240)
-
0
(22,500)
(24,740)
At 30 April 2025
109,124
5,467,220
400,558
197,100
6,174,002
Depreciation and impairment
At 1 May 2024
62,867
2,469,623
380,757
83,748
2,996,995
Depreciation charged in the year
6,475
440,729
4,004
21,113
472,321
Eliminated in respect of disposals
-
0
(1,511)
-
0
(12,744)
(14,255)
At 30 April 2025
69,342
2,908,841
384,761
92,117
3,455,061
Carrying amount
At 30 April 2025
39,782
2,558,379
15,797
104,983
2,718,941
At 30 April 2024
46,257
2,671,568
9,572
71,853
2,799,250
6
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
-
0
3,500
IMPRESS PRINT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
6
Fixed asset investments
(Continued)
- 10 -
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 May 2024
3,500
Disposals
(3,500)
At 30 April 2025
-
Carrying amount
At 30 April 2025
-
At 30 April 2024
3,500
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,607,228
1,253,356
Other debtors
210,727
244,105
1,817,955
1,497,461
8
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
90,909
90,909
Trade creditors
1,273,894
1,117,855
Amounts owed to group undertakings
-
0
1,194
Taxation and social security
114,797
73,604
Other creditors
1,108,739
768,101
2,588,339
2,051,663
IMPRESS PRINT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 11 -
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
90,909
Other creditors
627,072
975,335
627,072
1,066,244
10
Profit and loss reserves
2025
2024
£
£
At the beginning of the year
988,217
767,257
Profit for the year
115,941
274,180
Dividends declared and paid in the year
(53,220)
(53,220)
At the end of the year
1,050,938
988,217
11
Operating lease commitments

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
1,000,000
1,278,667
12
Related party transactions

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due from related parties
£
£
Entities with control, joint control or significant influence over the company
-
1,194
Other information

No detailed disclosure of related party transactions is required as transactions between the company and other wholly owned subsidiaries within the same group are exempt from disclosure under the provisions of Paragraph 33.1A of FRS102

IMPRESS PRINT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 12 -
13
Parent company

The ultimate controlling party is the director Mr M A Kille.

2025-04-30 2024-05-01 false false false 03 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr Michael A Kille 03363098 2024-05-01 2025-04-30 03363098 bus:Director1 2024-05-01 2025-04-30 03363098 2025-04-30 03363098 2024-04-30 03363098 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-04-30 03363098 core:PlantMachinery 2025-04-30 03363098 core:FurnitureFittings 2025-04-30 03363098 core:MotorVehicles 2025-04-30 03363098 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-04-30 03363098 core:PlantMachinery 2024-04-30 03363098 core:FurnitureFittings 2024-04-30 03363098 core:MotorVehicles 2024-04-30 03363098 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 03363098 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 03363098 core:CurrentFinancialInstruments 2025-04-30 03363098 core:CurrentFinancialInstruments 2024-04-30 03363098 core:Non-currentFinancialInstruments 2025-04-30 03363098 core:Non-currentFinancialInstruments 2024-04-30 03363098 core:ShareCapital 2025-04-30 03363098 core:ShareCapital 2024-04-30 03363098 core:RetainedEarningsAccumulatedLosses 2025-04-30 03363098 core:RetainedEarningsAccumulatedLosses 2024-04-30 03363098 core:RetainedEarningsAccumulatedLosses 2024-04-30 03363098 core:RetainedEarningsAccumulatedLosses 2023-04-30 03363098 core:Goodwill 2024-05-01 2025-04-30 03363098 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-05-01 2025-04-30 03363098 core:PlantMachinery 2024-05-01 2025-04-30 03363098 core:FurnitureFittings 2024-05-01 2025-04-30 03363098 core:MotorVehicles 2024-05-01 2025-04-30 03363098 2023-05-01 2024-04-30 03363098 core:NetGoodwill 2024-04-30 03363098 core:NetGoodwill 2025-04-30 03363098 core:NetGoodwill 2024-04-30 03363098 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-04-30 03363098 core:PlantMachinery 2024-04-30 03363098 core:FurnitureFittings 2024-04-30 03363098 core:MotorVehicles 2024-04-30 03363098 2024-04-30 03363098 core:WithinOneYear 2025-04-30 03363098 core:WithinOneYear 2024-04-30 03363098 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 03363098 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 03363098 bus:FRS102 2024-05-01 2025-04-30 03363098 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 03363098 bus:FullAccounts 2024-05-01 2025-04-30 xbrli:pure xbrli:shares iso4217:GBP