Printwell (North East) Ltd Accounts






Printwell (North East) Ltd

	Company No. 04809681
		Information for Filing with The Registrar
		31 July 2025

The Directors present their report and the accounts for the year ended 31 July 2025.

Principal activities
The principal activity of the company during the year under review was Printers.




Directors

The Directors who served at any time during the year were as follows:

John Sweeney
Kirsty Sweeney








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

John Sweeney
Director
31 July 2025

at	31 July 2025
Company No.		04809681	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	40,851	48,060


				40,851	48,060
Current assets
	Stocks		5	1,000	1,000
	Debtors		6	40,027	42,692

	Cash at bank and in hand			-	119
				41,027	43,811
Creditors: Amount falling due within one year			7	(130,461)	(145,101)
Net current liabilities				(89,434)	(101,290)
Total assets less current liabilities				(48,583)	(53,230)
Creditors: Amounts falling due after more than one year			8	(44,503)	(41,903)



Net liabilities				(93,086)	(95,133)

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		10	(93,186)	(95,233)

Total equity				(93,086)	(95,133)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 July 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 July 2025 and signed on its behalf by:
John Sweeney
Director
31 July 2025

for the year ended 31 July 2025

General information

Printwell (North East) Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 04809681

Its registered office is:

Its trading address is:

Suite G5

The Old Exchange

Barnard Street

Darlington

DL3 7DR

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

15% Reducing Balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	3	3

4	Tangible fixed assets
			Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 August 2024	180,997	59,053	240,050




		At 31 July 2025	180,997	59,053	240,050
		Depreciation
		At 1 August 2024	138,390	53,600	191,990
		Charge for the year	6,391	818	7,209



		At 31 July 2025	144,781	54,418	199,199
		Net book values
		At 31 July 2025	36,216	4,635	40,851
		At 31 July 2024	42,607	5,453	48,060

5	Stocks
			2025	2024
			£	£
		Raw materials and consumables	1,000	1,000


			1,000	1,000

6	Debtors
			2025	2024
			£	£
		Trade debtors	40,027	42,692







			40,027	42,692

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	35,535	49,131


		Trade creditors	51,666	17,915

		Taxes and social security	43,074	77,273

		Other creditors	187	781
		Accruals and deferred income	(1)	1
			130,461	145,101

8	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	29,503	26,400
		Other loans	15,000	15,503





			44,503	41,903

Share Capital

100 £1 Ordinary Shares , fully paid

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

11	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	75,490	54,968

			75,490	54,968

		Dividends by type:
		Non-equity preference dividends	-	-
		Equity dividends	75,490	54,968
			75,490	54,968