Print Refined Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11280036

Print Refined Limited

Filleted Unaudited Financial Statements

31 March 2025

Print Refined Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Current assets

Cash at bank and in hand	18		12

Creditors: amounts falling due within one year	4	16,593		13,380
		--------		--------
Net current liabilities			16,575	13,368
			--------	--------
Total assets less current liabilities			( 16,575)	( 13,368)

Creditors: amounts falling due after more than one year	5	22,194	23,933
		--------	--------
Net liabilities		( 38,769)	( 37,301)
		--------	--------

Capital and reserves

Profit and loss account	( 38,769)	( 37,301)
	--------	--------
Shareholders deficit	( 38,769)	( 37,301)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 28 November 2025 , and are signed on behalf of the board by:

Mr S Garlick
Director

Company registration number: 11280036

Print Refined Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor, 2 City Road, Chester, Cheshire, CH1 3AE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The company was insolvent at the balance sheet date. The director has given assurances that the company will continue to be supported and any debts paid when they become due. As such, the going concern basis of preparing accounts is deemed appropriate.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of banks loans which are subsequently measured at amortised cost using the effective interest method.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

4. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	16,593	13,380
	--------	--------

5. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	22,194	23,933
	--------	--------

6. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr S Garlick	( 12,480)	( 3,633)	( 16,113)
	--------	-------	--------

	2024
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr S Garlick	( 12,315)	( 165)	( 12,480)
	--------	----	--------