REGISTERED NUMBER: 04910395 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

The Liquorice Press Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs N Escott

R B Escott

SECRETARY:

Mrs N Escott

REGISTERED OFFICE:

14 Kingsclere Road

Basingstoke

Hampshire

RG21 5UQ

BUSINESS ADDRESS:

Unit 11, Grafton Way

West Ham Industrial Estate

Basingstoke

Hampshire

RG22 6HY

REGISTERED NUMBER:

04910395 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Tangible assets

4

78,764

95,004

CURRENT ASSETS

Stocks

15,000

10,000

Debtors

5

214,393

137,634

Cash at bank and in hand

281,217

303,505

510,610

451,139

CREDITORS

Amounts falling due within one year

6

225,542

174,058

NET CURRENT ASSETS

285,068

277,081

TOTAL ASSETS LESS CURRENT LIABILITIES

363,832

372,085

CREDITORS

Amounts falling due after more than one year

7

(8,965

)

(15,204

)

PROVISIONS FOR LIABILITIES

10

(18,462

)

(21,661

)

NET ASSETS

336,405

335,220

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

336,305

335,120

SHAREHOLDERS' FUNDS

336,405

335,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 22 May 2026 and were signed on its behalf by:

R B Escott - Director

1.	STATUTORY INFORMATION

The Liquorice Press 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.

Equipment and furniture

-

20% on cost

Machinery

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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, adjusted for indexation where applicable.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

and

furniture

Machinery

Totals

£

£

£

COST

At 1 April 2025

14,573

317,579

332,152

Additions

1,227

10,775

12,002

Disposals

-

(12,713

)

(12,713

)

At 31 March 2026

15,800

315,641

331,441

DEPRECIATION

At 1 April 2025

3,396

233,752

237,148

Charge for year

3,041

25,201

28,242

Eliminated on disposal

-

(12,713

)

(12,713

)

At 31 March 2026

6,437

246,240

252,677

NET BOOK VALUE

At 31 March 2026

9,363

69,401

78,764

At 31 March 2025

11,177

83,827

95,004

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

182,467

132,474

Other debtors

31,926

5,160

214,393

137,634

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 8)

6,239

6,239

Trade creditors

90,712

52,283

Taxation and social security

86,699

58,630

Other creditors

41,892

56,906

225,542

174,058

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts (see note 8)

8,965

15,204

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

6,239

6,239

Between one and five years

8,965

15,204

15,204

21,443

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

83,992

20,369

Between one and five years

257,596

26,255

In more than five years

272,000

-

613,588

46,624

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

15,204

21,443

The hire purchase contracts are secured on the assets to which they relate.

10.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

18,462

21,661

Deferred

tax

£

Balance at 1 April 2025

21,661

Accelerated capital allowances

(3,199

)

Balance at 31 March 2026

18,462

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

100

100