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Company Registration No. 07208576 (England and Wales)
Spectrum Screen Inks Limited Unaudited accounts for the year ended 31 August 2025
Spectrum Screen Inks Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Spectrum Screen Inks Limited Company Information for the year ended 31 August 2025
Directors
Steven Burrows Julie Tippett
Company Number
07208576 (England and Wales)
Registered Office
15 Noel Avenue Oakham Rutland LE15 6SQ
Accountants
Pro Tax Accounting The Colchester Centre Hawkins Road Colchester Essex CO2 8JX
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Spectrum Screen Inks Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,182
1,478
Current assets
Inventories
51,759
46,812
Debtors
5
45,322
60,386
Cash at bank and in hand
46,552
29,808
143,633
137,006
Creditors: amounts falling due within one year
6
(48,754)
(36,660)
Net current assets
94,879
100,346
Net assets
96,061
101,824
Capital and reserves
Called up share capital
7
24,000
24,000
Profit and loss account
72,061
77,824
Shareholders' funds
96,061
101,824
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by
Julie Tippett Director Company Registration No. 07208576
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Spectrum Screen Inks Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Spectrum Screen Inks Limited is a private company, limited by shares, registered in England and Wales, registration number 07208576. The registered office is 15 Noel Avenue, Oakham, Rutland, LE15 6SQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Spectrum Screen Inks Limited Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 September 2024
16,044
At 31 August 2025
16,044
Depreciation
At 1 September 2024
14,566
Charge for the year
296
At 31 August 2025
14,862
Net book value
At 31 August 2025
1,182
At 31 August 2024
1,478
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
42,447
57,511
Other debtors
2,875
2,875
45,322
60,386
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
5,159
6,706
Trade creditors
3,634
274
Taxes and social security
37,851
27,570
Other creditors
2,001
2,001
Loans from directors
109
109
48,754
36,660
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
24,000 Ordinary shares of £1 each
24,000
24,000
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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