PRESTIGE GRAPHIC APPLICATIONS LTD iXBRL

PRESTIGE GRAPHIC APPLICATIONS LTD

Directors' Report and Unaudited Financial Statements

for the financial year ended 31 August 2025

PRESTIGE GRAPHIC APPLICATIONS LTD

DIRECTORS AND OTHER INFORMATION


Directors	Mr Ronald Benjamin Steer
	Mrs Jacquenline Susan Steer
	Mr Neil Taylor (Resigned 21 August 2025)


Company Registration Number	08099149


Registered Office and Business Address	Unit 5 Block 3 Woolwich Church Street
	Woolwich Dockyard Industrial Estate
	Woolwich
	London
	SE18 5PQ
	United Kingdom


Accountants	Affleck Accountancy Limited
	13 Woodside Road
	Sidcup
	Kent
	DA15 7JG
	GB

PRESTIGE GRAPHIC APPLICATIONS LTD

DIRECTORS' REPORT

for the financial year ended 31 August 2025

The directors present their report and the unaudited financial statements for the financial year ended 31 August 2025.

Directors

The directors who served during the financial year are as follows:

Mr Ronald Benjamin Steer

Mrs Jacquenline Susan Steer

Mr Neil Taylor (Resigned 21 August 2025)

There were no changes in shareholdings between 31 August 2025 and the date of signing the financial statements.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr Ronald Benjamin Steer

Director

27 May 2026

PRESTIGE GRAPHIC APPLICATIONS LTD

Company Registration Number: 08099149

BALANCE SHEET

as at 31 August 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

146,538

79,092

─────────

Current Assets

Debtors

76,753

74,944

Cash and cash equivalents

61,712

42,570

─────────

138,465

117,514

─────────

Creditors: amounts falling due within one year

(126,997)

(132,830)

─────────

Net Current Assets/(Liabilities)

11,468

(15,316)

─────────

Total Assets less Current Liabilities

158,006

63,776

Creditors:

amounts falling due after more than one year

(97,926)

(36,632)

─────────

Net Assets

60,080

27,144

═════════

Capital and Reserves

Called up share capital

400

300

Retained earnings

59,680

26,844

─────────

Equity attributable to owners of the company

60,080

27,144

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 27 May 2026 and signed on its behalf by



________________________________
Mr Ronald Benjamin Steer
Director

PRESTIGE GRAPHIC APPLICATIONS LTD

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

General Information

PRESTIGE GRAPHIC APPLICATIONS LTD is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 08099149. The registered office of the company is Unit 5 Block 3 Woolwich Church Street, Woolwich Dockyard Industrial Estate, Woolwich, London, SE18 5PQ, United Kingdom which is also the principal place of business of the company. 74209 - Photographic activities not elsewhere classified The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 August 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

25% Reducing balance

Fixtures, fittings and equipment

20% Straight line & 25% Straight line

Motor vehicles

25% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Leasing and hire purchases

Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.

Work in progress

Work in progress is reflected in the accounts at the expected revenue due for work carried out during the period that has not yet been invoiced.

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 except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was 6, (2024 - 6).

2025

2024

Number

Number

Employees

═════════


4.	Tangible assets
		Plant and	Fixtures,	Motor	Total
		machinery	fittings and	vehicles
			equipment
		£	£	£	£
	Cost
	At 1 September 2024	25,797	34,578	197,572	257,947
	Additions	-	3,184	133,451	136,635
	Disposals	-	-	(48,221)	(48,221)
		─────────	─────────	─────────	─────────
	At 31 August 2025	25,797	37,762	282,802	346,361
		─────────	─────────	─────────	─────────
	Depreciation
	At 1 September 2024	17,995	26,531	134,329	178,855
	Charge for the financial year	1,950	2,808	44,088	48,846
	On disposals	-	-	(27,878)	(27,878)
		─────────	─────────	─────────	─────────
	At 31 August 2025	19,945	29,339	150,539	199,823
		─────────	─────────	─────────	─────────
	Net book value
	At 31 August 2025	5,852	8,423	132,263	146,538
		═════════	═════════	═════════	═════════
	At 31 August 2024	7,802	8,047	63,243	79,092
		═════════	═════════	═════════	═════════


5.	Debtors	2025	2024
		£	£

	Trade debtors	60,528	74,944
	Other debtors	1,225	-
	TFY Kent Limited Loan	15,000	-
		─────────	─────────
		76,753	74,944
		═════════	═════════


6.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank overdrafts	2,822	13,713
	Bank loan	4,617	10,000
	Net obligations under finance leases
	and hire purchase contracts	15,836	28,181
	Trade creditors	2,228	-
	Taxation (Note 8)	66,073	63,417
	Directors' current accounts	35,421	10,635
	Accruals	-	6,884
		─────────	─────────
		126,997	132,830
		═════════	═════════


7.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	22,698	22,870
	Finance leases and hire purchase contracts	75,228	13,762
		─────────	─────────
		97,926	36,632
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 6)	7,439	23,713
	Repayable between two and five years	22,698	22,870
		─────────	─────────
		30,137	46,583
		═════════	═════════


	Net obligations under finance leases
	and hire purchase contracts
	Repayable within one year	15,836	28,181
	Repayable between one and five years	75,228	13,762
		─────────	─────────
		91,064	41,943
		═════════	═════════


8.	Taxation	2025	2024
		£	£

	Creditors:
	VAT	52,097	43,733
	Corporation tax	13,801	18,702
	PAYE / NI	175	982
		─────────	─────────
		66,073	63,417
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 August 2025.

10.

Directors' advances, credits and guarantees

During the year the directors did not enter into any into any advances, credits or guarantees with the company.

11.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.