REGISTERED NUMBER: 01712330 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

TOKEN PUBLISHING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C A Hartman

Mr P Mussell

SECRETARY:

Mrs C A Hartman

REGISTERED OFFICE:

8 Oaktree Place

Matford Business Park

Exeter

Devon

EX2 8WA

REGISTERED NUMBER:

01712330 (England and Wales)

ACCOUNTANT:

Simon Glendinning FCA

34 Westfield

Bradninch

Exeter

Devon

EX5 4QU

FIXED ASSETS

Intangible assets

4

2,500

2,500

Tangible assets

5

164,762

169,032

167,262

171,532

CURRENT ASSETS

Stocks

95,429

87,162

Debtors

6

30,545

28,802

Cash at bank and in hand

1,238

8,090

127,212

124,054

CREDITORS

Amounts falling due within one year

7

140,789

140,245

NET CURRENT LIABILITIES

(13,577

)

(16,191

)

TOTAL ASSETS LESS CURRENT LIABILITIES

153,685

155,341

CREDITORS

Amounts falling due after more than one year

8

(105,160

)

(113,555

)

PROVISIONS FOR LIABILITIES

(590

)

(545

)

NET ASSETS

47,935

41,241

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

47,835

41,141

47,935

41,241

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

Mrs C A Hartman - Director

1.	STATUTORY INFORMATION

Token Publishing 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Motor vehicles

-

25% on reducing balance

Office & computer equipment

-

25% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

2,500

NET BOOK VALUE

At 31 March 2025

2,500

At 31 March 2024

2,500

5.	TANGIBLE FIXED ASSETS

Office &

Freehold

Motor

computer

property

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

175,717

1,500

59,933

237,150

Additions

-

-

1,789

1,789

At 31 March 2025

175,717

1,500

61,722

238,939

DEPRECIATION

At 1 April 2024

10,542

1,500

56,076

68,118

Charge for year

3,514

-

2,545

6,059

At 31 March 2025

14,056

1,500

58,621

74,177

NET BOOK VALUE

At 31 March 2025

161,661

-

3,101

164,762

At 31 March 2024

165,175

-

3,857

169,032

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

27,547

26,956

Other debtors

2,998

1,846

30,545

28,802

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13,329

11,128

Trade creditors

53,198

62,633

Taxation and social security

14,770

13,598

Other creditors

59,492

52,886

140,789

140,245

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

105,160

113,555

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

51,846

69,043

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

118,489

124,683

The bank loan is secured by a 1st legal charge over the property.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mrs C A Hartman

Balance outstanding at start of year

(35

)

2,252

Amounts advanced

6,521

50

Amounts repaid

(11,641

)

(2,337

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,155

)

(35

)

The loan is unsecured, interest free and repayable on demand.