Positive Graphic Installation Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07019980 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Positive Graphic Installation Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

S Boreham

D C Moseley

REGISTERED OFFICE:

1 Storcroft Road

Retford

Nottinghamshire

DN22 7EG

REGISTERED NUMBER:

07019980 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Office 1

Engine House

Marshalls Yard

Gainsborough

Lincolnshire

DN21 2NA

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Positive Graphic Installation Limited for the year ended 30 September 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Positive Graphic Installation Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Positive Graphic Installation Limited and state those matters that we have agreed to state to the Board of Directors of Positive Graphic Installation Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Positive Graphic Installation Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Positive Graphic Installation Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Positive Graphic Installation Limited. You consider that Positive Graphic Installation Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Positive Graphic Installation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

Office 1

Engine House

Marshalls Yard

Gainsborough

Lincolnshire

DN21 2NA

Date: .............................................

FIXED ASSETS

Intangible assets

4

8,000

-

Tangible assets

5

23,216

24,069

31,216

24,069

CURRENT ASSETS

Stocks

82,125

101,490

Debtors

6

565,717

817,470

Cash at bank

85,932

62,454

733,774

981,414

CREDITORS

Amounts falling due within one year

7

200,762

416,446

NET CURRENT ASSETS

533,012

564,968

TOTAL ASSETS LESS CURRENT
LIABILITIES

564,228

589,037

CREDITORS

Amounts falling due after more than one
year

8

-

(11,321

)

PROVISIONS FOR LIABILITIES

(5,672

)

(5,855

)

NET ASSETS

558,556

571,861

CAPITAL AND RESERVES

Called up share capital

9

200

100

Retained earnings

558,356

571,761

SHAREHOLDERS' FUNDS

558,556

571,861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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 2 December 2025 and were signed on its behalf by:

S Boreham - Director

D C Moseley - Director

1.	STATUTORY INFORMATION

Positive Graphic Installation Limited 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.

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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.

Plant and machinery - 15% on reducing balance

Fixtures and fittings - 15% on reducing balance

Motor vehicles - 25% on reducing balance

Computer equipment - 33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

Taxation

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 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

10,000

At 30 September 2025

10,000

AMORTISATION

Charge for year

2,000

At 30 September 2025

2,000

NET BOOK VALUE

At 30 September 2025

8,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 October 2024

18,096

542

37,147

6,527

62,312

Additions

1,250

535

-

5,000

6,785

At 30 September 2025

19,346

1,077

37,147

11,527

69,097

DEPRECIATION

At 1 October 2024

8,650

403

24,848

4,342

38,243

Charge for year

1,605

102

3,074

2,857

7,638

At 30 September 2025

10,255

505

27,922

7,199

45,881

NET BOOK VALUE

At 30 September 2025

9,091

572

9,225

4,328

23,216

At 30 September 2024

9,446

139

12,299

2,185

24,069

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

273,082

498,939

Other debtors

292,635

318,531

565,717

817,470

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

11,064

18,201

Trade creditors

96,646

212,825

Taxation and social security

46,073

121,492

Other creditors

46,979

63,928

200,762

416,446

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

-

11,321

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

100

Share capital 1

1

100

Share capital 2

£1

100

-

200

100

The following shares were issued during the year for cash at par :

100 Ordinary B shares of £1

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2025 and 30 September 2024:

2025

2024

£

S Boreham

Balance outstanding at start of year

(62,498

)

(67,587

)

Amounts advanced

64,331

55,688

Amounts repaid

(47,079

)

(50,599

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(45,246

)

(62,498

)

D C Moseley

Balance outstanding at start of year

-

Amounts advanced

83,052

-

Amounts repaid

(57,597

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

25,455

-

11.	RELATED PARTY DISCLOSURES

Company director Steven Boreham is also a shareholder in Positive Graphic Holdings Ltd. At the year ended 30 September 2025 Positive Graphic Installation Ltd was owed £267,180 from Positive Graphic Holdings Ltd.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is S Boreham.