REGISTERED NUMBER: 13045814 (England and Wales)

Unaudited Financial Statements

for the Year Ended

30 November 2025

for

Simply Inkjet Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Cooper

G McLachlan

REGISTERED OFFICE:

Unit 7 Kiln Park Middleton Little Road

Allerton Bywater

Castleford

WF10 2FX

REGISTERED NUMBER:

13045814 (England and Wales)

ACCOUNTANTS:

Equate Limited

Chartered Certified Accountants

The Hive Wakefield

142 Thornes Lane

Wakefield

West Yorkshire

WF2 7RE

FIXED ASSETS

Tangible assets

4

67,035

89,617

CURRENT ASSETS

Stocks

350,135

274,798

Debtors

5

305,109

243,075

Cash at bank and in hand

35,749

73,274

690,993

591,147

CREDITORS

Amounts falling due within one year

6

834,979

584,405

NET CURRENT (LIABILITIES)/ASSETS

(143,986

)

6,742

TOTAL ASSETS LESS CURRENT LIABILITIES

(76,951

)

96,359

CREDITORS

Amounts falling due after more than one year

7

204,202

95,849

NET (LIABILITIES)/ASSETS

(281,153

)

510

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(281,253

)

410

(281,153

)

510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by:

S Cooper - Director

1.	STATUTORY INFORMATION

Simply Inkjet 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

106,752

325

40,844

10,840

158,761

Additions

8,952

500

-

3,236

12,688

Disposals

-

-

(40,844

)

-

(40,844

)

At 30 November 2025

115,704

825

-

14,076

130,605

DEPRECIATION

At 1 December 2024

36,355

188

27,920

4,681

69,144

Charge for year

19,838

159

3,231

2,349

25,577

Eliminated on disposal

-

-

(31,151

)

-

(31,151

)

At 30 November 2025

56,193

347

-

7,030

63,570

NET BOOK VALUE

At 30 November 2025

59,511

478

-

7,046

67,035

At 30 November 2024

70,397

137

12,924

6,159

89,617

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

200,608

204,525

Other debtors

4,580

-

VAT

-

3,136

Deferred tax asset

97,691

34,658

Prepayments and accrued income

2,230

756

305,109

243,075

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

156,139

55,458

Hire purchase contracts (see note 8)

9,835

10,108

Trade creditors

453,872

277,863

Social security and other taxes

3,325

3,781

VAT

12,030

-

Other creditors

9,172

9,460

Directors' current accounts

176,750

206,222

Accruals and deferred income

13,856

21,513

834,979

584,405

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans - 1-2 years

64,298

50,724

Bank loans - 2-5 years

94,870

-

Bank loans more 5 yr by instal

9,744

-

Hire purchase contracts (see note 8)

35,290

45,125

204,202

95,849

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

9,744

-

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.11.25

30.11.24

£

£

Net obligations repayable:

Within one year

9,835

10,108

Between one and five years

35,290

45,125

45,125

55,233

Non-cancellable

operating leases

30.11.25

30.11.24

£

£

Within one year

20,554

-

Between one and five years

39,000

-

59,554

-

9.	RELATED PARTY DISCLOSURES

During the year the company paid rent to the director for use of the company trading premises this was at market rate.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Cooper.