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Registered number: 06806767
Duraseal Print Finishers Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Mr Matthew Bayliss
Mr Timothy Arnaudy
Company Number 06806767
Registered Office First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
Accountants Town & Forest
Chartered Accountants & Statutory Auditors
First Floor, New Barnes Mill
Cottonmill Lane
St Albans
AL1 2HA
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Balance Sheet
Registered number: 06806767
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 152,164 177,430
152,164 177,430
CURRENT ASSETS
Stocks 5 2,200 2,350
Debtors 6 83,843 144,504
Cash at bank and in hand 19,208 20,287
105,251 167,141
Creditors: Amounts Falling Due Within One Year 7 (68,621 ) (81,846 )
NET CURRENT ASSETS (LIABILITIES) 36,630 85,295
TOTAL ASSETS LESS CURRENT LIABILITIES 188,794 262,725
Creditors: Amounts Falling Due After More Than One Year 8 (5,216 ) (15,486 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (29,462 ) (33,896 )
NET ASSETS 154,116 213,343
CAPITAL AND RESERVES
Called up share capital 60 60
Capital redemption reserve 40 40
Profit and Loss Account 154,016 213,243
SHAREHOLDERS' FUNDS 154,116 213,343
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For the year ending 28 February 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Matthew Bayliss
Director
Mr Timothy Arnaudy
Director
13 October 2025
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Duraseal Print Finishers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06806767 . The registered office is First Floor, New Barnes Mill, Cottonmill Lane, St Albans, AL1 2HA.

2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentation currency of the financial statements is the Pound Sterling (£).

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.5. Taxation
Taxation expense represents the sum of the tax currently payable and deferred tax.
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 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 is recognised in respect of all timing difference that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in the tax assessments in periods different from those in which they are recognised in the 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Provisions and accruals
Provisions are recognised when there is a present legal or constructive obligation as a result of past events and the amount can be reliably estimated. Provisions are not recognised for future operating losses.
2.8. Trade debtors
Trade debtors are carried at original net invoice amount less an estimate for doubtful debtors. Bad debts are written off when identified. Specific provisions are made against debts whose recovery is considered doubtful.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 7)
7 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2024 676,038 8,300 5,394 8,370 698,102
Additions 1,995 - - - 1,995
Disposals - - (75 ) (6,513 ) (6,588 )
As at 28 February 2025 678,033 8,300 5,319 1,857 693,509
Depreciation
As at 1 March 2024 501,341 7,027 4,728 7,576 520,672
Provided during the period 26,329 318 99 95 26,841
Disposals - - (69 ) (6,099 ) (6,168 )
As at 28 February 2025 527,670 7,345 4,758 1,572 541,345
Net Book Value
As at 28 February 2025 150,363 955 561 285 152,164
As at 1 March 2024 174,697 1,273 666 794 177,430
5. Stocks
2025 2024
£ £
Stock 2,200 2,350
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 80,754 140,601
Prepayments and accrued income 1,545 3,360
Other debtors 504 19
Corporation tax recoverable assets - 524
Directors' loan accounts 1,040 -
83,843 144,504
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 23,443 21,016
Bank loans and overdrafts 10,469 10,177
Corporation tax 19,885 35,416
Other taxes and social security 2,950 2,576
VAT 6,839 7,632
Accruals and deferred income 5,035 4,814
Directors' loan accounts - 215
68,621 81,846
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 5,216 15,486
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 March 2024 33,896 33,896
Utilised (4,434 ) (4,434)
Balance at 28 February 2025 29,462 29,462
10. Capital Commitments
National Westminster Bank plc hold fixed and floating charges over Duraseal Print Finishers Limited. The floating charges cover all of the property or undertaking of the company. The charges also contain a negative pledge.
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2024 Amounts advanced Amounts repaid Amounts written off As at 28 February 2025
£ £ £ £ £
Mr Matthew Bayliss (215 ) 8,091 (6,836 ) - 1,040
The above loan is unsecured, interest free and repayable on demand.
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