Company registration number: 01205093
Unaudited financial statements
for the year ended 31 March 2025
for
J. & M. Nixon Printers Limited (T/A The Print Centre)
Pages for filing with the Registrar
Company registration number: 01205093
J. & M. Nixon Printers Limited (T/A The Print Centre)
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 311,583 345,048
311,583 345,048
Current assets
Stocks 27,274 38,405
Debtors 339,990 311,389
Cash at bank and in hand 22,000 6,731
389,264 356,525
Creditors: amounts falling due within one
year 		(508,181) (500,188)
Net current liabilities (118,917) (143,663)
Total assets less current liabilities 192,666 201,385
Creditors: Amounts falling due after more
than one year 		(1,667) (11,667)
NET ASSETS 190,999 189,718
Capital and reserves
Called up share capital 100 100
Profit and loss account 190,899 189,618
TOTAL EQUITY 190,999 189,718
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 01205093
J. & M. Nixon Printers Limited (T/A The Print Centre)
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 11 December 2025 and signed on its behalf by:
Mr L Gossling, Director
11 December 2025
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J. & M. Nixon Printers Limited (T/A The Print Centre)
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
J. & M. Nixon Printers Limited (T/A The Print Centre) is a private company registered in England and Wales. Its registered number is 01205093. The company is limited by shares. Its registered office is The Print Centre, Unit C, Berkhamsted, Hertfordshire, HP4 1EH.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 5% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% straight line
Fixtures & fittings - 25% straight line
Motor vehicles - 25% straight line
3
J. & M. Nixon Printers Limited (T/A The Print Centre)
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 12 (2024 - 12).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2024 2,000
At 31 March 2025 2,000
Amortisation
At 1 April 2024 2,000
At 31 March 2025 2,000
Net book value
At 31 March 2025 -
At 31 March 2024 -
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J. & M. Nixon Printers Limited (T/A The Print Centre)
Notes to the financial statements - continued
for the year ended 31 March 2025
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 874,664
Additions 23,019
Disposals (722)
At 31 March 2025 896,961
Depreciation
At 1 April 2024 529,616
Charge for year 56,485
Eliminated on disposal (723)
At 31 March 2025 585,378
Net book value
At 31 March 2025 311,583
At 31 March 2024 345,048
Cost or valuation at 31 March 2025 is represented by:
Plant and
machinery
etc.
£
Valuation in 2025 -
Cost 896,961
896,961
If tangible fixed assets had not been revalued, they would have been included at the following historical cost:
2025 2024
£ £
Cost 896,961 874,664
Accumulated depreciation 585,378 529,616
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