REGISTERED NUMBER: 15924936 (England and Wales)

MORTONS PRINT AND MAILING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

29 AUGUST 2024 TO 27 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

I Fisher

P H Sharpe

REGISTERED OFFICE:

Newspaper House

Morton Way

Horncastle

Lincolnshire

LN9 6JR

REGISTERED NUMBER:

15924936 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

27-29 Lumley Avenue

Skegness

Lincolnshire

PE25 2AT

FIXED ASSETS

Intangible assets

4

(477,819

)

Tangible assets

5

241,000

(236,819

)

CURRENT ASSETS

Stocks

250,942

Debtors

6

572,202

Cash at bank

9,946

833,090

CREDITORS

Amounts falling due within one year

7

596,071

NET CURRENT ASSETS

237,019

TOTAL ASSETS LESS CURRENT LIABILITIES

200

CAPITAL AND RESERVES

Called up share capital

8

200

SHAREHOLDERS' FUNDS

200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 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 22 December 2025 and were signed on its behalf by:

I Fisher - Director

1.	STATUTORY INFORMATION

Mortons Print And Mailing 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 as modified by the revaluation of certain assets.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery etc

-

10% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Provisions

Provisions are recognised when the company has an obligation at the statement of financial position date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

(477,819

)

At 27 March 2025

(477,819

)

NET BOOK VALUE

At 27 March 2025

(477,819

)

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

Additions

33,046

Revaluations

207,954

At 27 March 2025

241,000

NET BOOK VALUE

At 27 March 2025

241,000

Cost or valuation at 27 March 2025 is represented by:

Plant and

machinery

etc

£

Valuation in 2025

207,954

Cost

33,046

241,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

495,331

Other debtors

76,871

572,202

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

186,286

Taxation and social security

38,345

Other creditors

371,440

596,071

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

200

Ordinary

£1

200

200 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.