REGISTERED NUMBER: 03155783 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Digaprint Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C J Blackman

S J Poland

C J Staples

S B White

REGISTERED OFFICE:

Unit 7 Woodingdean Business Park

Sea View Way

Brighton

East Sussex

BN2 6NX

REGISTERED NUMBER:

03155783 (England and Wales)

ACCOUNTANTS:

Atkinsons

Chartered Accountants

Palmeira Avenue Mansions

19 Church Road

Hove

East Sussex

BN3 2FA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

73,037

85,546

73,037

85,546

CURRENT ASSETS

Stocks

93,549

90,737

Debtors

6

176,974

215,131

Cash at bank and in hand

76,613

75,927

347,136

381,795

CREDITORS

Amounts falling due within one year

7

155,899

181,696

NET CURRENT ASSETS

191,237

200,099

TOTAL ASSETS LESS CURRENT LIABILITIES

264,274

285,645

PROVISIONS FOR LIABILITIES

13,877

16,253

NET ASSETS

250,397

269,392

CAPITAL AND RESERVES

Called up share capital

200

200

Capital redemption reserve

800

800

Retained earnings

249,397

268,392

SHAREHOLDERS' FUNDS

250,397

269,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 9 December 2025 and were signed on its behalf by:

C J Staples - Director

1.	STATUTORY INFORMATION

Digaprint 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 from the sale of goods is recognised when the significant risks and rewards of ownership of

the goods have transferred to the buyer. 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.

Goodwill

Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

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.

Short leasehold

-

over 5 years straight line

Plant and machinery

-

over 5 years straight line

Fixtures and fittings

-

over 5 years straight line

Motor vehicles

-

over 5 years straight line

Office equipment

-

over 5 years straight line

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 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

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are

classified as operating leases. Payments made 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 17 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

3,500

AMORTISATION

At 1 April 2024

and 31 March 2025

3,500

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2024

137,600

1,062,162

105,534

Additions

-

13,995

-

At 31 March 2025

137,600

1,076,157

105,534

DEPRECIATION

At 1 April 2024

137,600

990,099

95,940

Charge for year

-

26,144

4,735

Charge written back

-

-

-

At 31 March 2025

137,600

1,016,243

100,675

NET BOOK VALUE

At 31 March 2025

-

59,914

4,859

At 31 March 2024

-

72,063

9,594

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

6,000

411,334

1,722,630

Additions

-

1,562

15,557

At 31 March 2025

6,000

412,896

1,738,187

DEPRECIATION

At 1 April 2024

5,999

407,446

1,637,084

Charge for year

1

697

31,577

Charge written back

-

(3,511

)

(3,511

)

At 31 March 2025

6,000

404,632

1,665,150

NET BOOK VALUE

At 31 March 2025

-

8,264

73,037

At 31 March 2024

1

3,888

85,546

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

144,174

157,598

Other debtors

32,800

57,533

176,974

215,131

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

14,989

Trade creditors

-

134,654

Taxation and social security

23,480

21,054

Other creditors

132,419

10,999

155,899

181,696

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption under FRS 102 1AC.35 whereby particulars need not be given for related party transactions concluded under normal market conditions, or transactions entered into between two or more members of a group, provided that any subsidiary which is party to the transactions is wholly-owned by such a member.