REGISTERED NUMBER: 02211621 (England and Wales)

Financial Statements for the Year Ended 31 March 2026

for

Easy Forms Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Presley

M L Cook

REGISTERED OFFICE:

The Island House

Midsomer Norton

Radstock

Somerset

BA3 2DZ

REGISTERED NUMBER:

02211621 (England and Wales)

ACCOUNTANTS:

King Watkins Ltd

The Island House

Midsomer Norton

Radstock

Somerset

BA3 2DZ

FIXED ASSETS

Intangible assets

4

14,375

21,875

Tangible assets

5

273,848

306,926

288,223

328,801

CURRENT ASSETS

Stocks

592,995

597,420

Debtors

904,155

823,664

Cash at bank

30,102

8,469

1,527,252

1,429,553

CREDITORS

Amounts falling due within one year

1,329,966

1,216,925

NET CURRENT ASSETS

197,286

212,628

TOTAL ASSETS LESS CURRENT LIABILITIES

485,509

541,429

CREDITORS

Amounts falling due after more than one year

(6,667

)

(46,667

)

PROVISIONS FOR LIABILITIES

8

(58,403

)

(65,717

)

NET ASSETS

420,439

429,045

CAPITAL AND RESERVES

Called up share capital

17

17

Retained earnings

420,422

429,028

SHAREHOLDERS' FUNDS

420,439

429,045

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 June 2026 and were signed on its behalf by:

M L Cook - Director

1.	STATUTORY INFORMATION

Easy Forms Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses in 2012 & 2013 has been fully amortised.

Goodwill paid in connection with the aquisition of K P Paper Ltd in March 2023 will be amortised over five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% residual value, 6 yrs straight line

Fixtures and fittings

-

10% residual value, 6 yrs straight line

Motor vehicles

-

20% residual value, 6 yrs straight line

Stocks

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

Taxation

Taxation for the year 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 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2025 - 40 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

70,000

AMORTISATION

At 1 April 2025

48,125

Amortisation for year

7,500

At 31 March 2026

55,625

NET BOOK VALUE

At 31 March 2026

14,375

At 31 March 2025

21,875

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

1,768,452

Additions

12,500

Disposals

(9,000

)

At 31 March 2026

1,771,952

DEPRECIATION

At 1 April 2025

1,461,526

Charge for year

36,578

At 31 March 2026

1,498,104

NET BOOK VALUE

At 31 March 2026

273,848

At 31 March 2025

306,926

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

£

Within one year

31,184

32,004

Between one and five years

114,504

114,504

145,688

146,508

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

675,005

652,205

The bank hold an unlimited debenture as security against overdraft and factoring facilities.

8.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

58,403

65,717

Deferred

tax

£

Balance at 1 April 2025

65,717

Capital allowances

(7,314

)

Balance at 31 March 2026

58,403

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year dividends totalling £24,000 were paid to M L Cook (2025: £24,000).

10.	ULTIMATE CONTROLLING PARTY

The company was under the control of M L Cook, as majority shareholder, throughout the period.