REGISTERED NUMBER: 03566713 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

POPLAR SERVICES (PRINTERS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M W Winders

REGISTERED OFFICE:

Poplar House

Jackson Street

St Helens

Merseyside

WA9 3AP

REGISTERED NUMBER:

03566713 (England and Wales)

ACCOUNTANTS:

C A Hunter Limited

Britannia Chambers

26 George Street

St Helens

Merseyside

WA10 1BZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

382,032

443,160

382,032

443,160

CURRENT ASSETS

Stocks

2,800

2,800

Debtors

6

122,056

172,063

Cash at bank and in hand

57,346

88,660

182,202

263,523

CREDITORS

Amounts falling due within one year

7

111,612

154,035

NET CURRENT ASSETS

70,590

109,488

TOTAL ASSETS LESS CURRENT LIABILITIES

452,622

552,648

CREDITORS

Amounts falling due after more than one year

8

(187,818

)

(234,046

)

PROVISIONS FOR LIABILITIES

(90,738

)

(87,279

)

NET ASSETS

174,066

231,323

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

173,966

231,223

SHAREHOLDERS' FUNDS

174,066

231,323

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 director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 December 2025 and were signed by:

M W Winders - Director

1.	STATUTORY INFORMATION

Poplar Services (Printers) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost and 10% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Website

-

20% on reducing balance

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 Profit and loss account, 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

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.

Operating lease payments are recognised as an expense on a straightline basis over the lease term, except where another systematic basis is more representative of the time pattern in which the economic benefits from the leased asset are consumed.

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 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

196,860

AMORTISATION

At 1 April 2024

and 31 March 2025

196,860

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Website

Totals

£

£

£

£

£

COST

At 1 April 2024

890,094

52,882

54,375

70,090

1,067,441

Additions

21,804

252

-

-

22,056

At 31 March 2025

911,898

53,134

54,375

70,090

1,089,497

DEPRECIATION

At 1 April 2024

486,427

42,721

28,534

66,599

624,281

Charge for year

74,491

1,537

6,461

695

83,184

At 31 March 2025

560,918

44,258

34,995

67,294

707,465

NET BOOK VALUE

At 31 March 2025

350,980

8,876

19,380

2,796

382,032

At 31 March 2024

403,667

10,161

25,841

3,491

443,160

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

266,760

28,725

295,485

Additions

13,998

-

13,998

At 31 March 2025

280,758

28,725

309,483

DEPRECIATION

At 1 April 2024

-

9,425

9,425

Charge for year

55,898

4,825

60,723

At 31 March 2025

55,898

14,250

70,148

NET BOOK VALUE

At 31 March 2025

224,860

14,475

239,335

At 31 March 2024

266,760

19,300

286,060

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

96,785

106,010

Other debtors

25,271

66,053

122,056

172,063

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts (see note 9)

58,180

47,758

Trade creditors

32,781

39,581

Amounts owed to group undertakings

367

367

Taxation and social security

11,982

5,511

Other creditors

8,302

60,818

111,612

154,035

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts (see note 9)

187,818

234,046

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.25

31.3.24

£

£

Gross obligations repayable:

Within one year

73,984

63,248

Between one and five years

213,408

273,392

287,392

336,640

Finance charges repayable:

Within one year

15,804

15,490

Between one and five years

25,590

39,346

41,394

54,836

Net obligations repayable:

Within one year

58,180

47,758

Between one and five years

187,818

234,046

245,998

281,804