Acorah Software Products - Accounts Production 19.2.450 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 04888057 Mr David Nestor Mr Christopher Nestor Mr Lorenzo Fardella Mr Lorenzo Fardella true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04888057 2024-10-31 04888057 2025-10-31 04888057 2024-11-01 2025-10-31 04888057 frs-core:CurrentFinancialInstruments 2025-10-31 04888057 frs-core:Non-currentFinancialInstruments 2025-10-31 04888057 frs-core:BetweenOneFiveYears 2025-10-31 04888057 frs-core:FurnitureFittings 2024-11-01 2025-10-31 04888057 frs-core:LandBuildings 2025-10-31 04888057 frs-core:LandBuildings 2024-11-01 2025-10-31 04888057 frs-core:LandBuildings 2024-10-31 04888057 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-01 2025-10-31 04888057 frs-core:MotorVehicles 2024-11-01 2025-10-31 04888057 frs-core:PlantMachinery 2025-10-31 04888057 frs-core:PlantMachinery 2024-11-01 2025-10-31 04888057 frs-core:PlantMachinery 2024-10-31 04888057 frs-core:WithinOneYear 2025-10-31 04888057 frs-core:CapitalRedemptionReserve 2025-10-31 04888057 frs-core:ShareCapital 2025-10-31 04888057 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 04888057 frs-bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 04888057 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 04888057 frs-bus:SmallEntities 2024-11-01 2025-10-31 04888057 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 04888057 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 04888057 1 2024-11-01 2025-10-31 04888057 frs-bus:Director1 2024-11-01 2025-10-31 04888057 frs-bus:Director2 2024-11-01 2025-10-31 04888057 frs-bus:Director3 2024-11-01 2025-10-31 04888057 frs-bus:CompanySecretary1 2024-11-01 2025-10-31 04888057 frs-countries:EnglandWales 2024-11-01 2025-10-31 04888057 2023-10-31 04888057 2024-10-31 04888057 2023-11-01 2024-10-31 04888057 frs-core:CurrentFinancialInstruments 2024-10-31 04888057 frs-core:Non-currentFinancialInstruments 2024-10-31 04888057 frs-core:BetweenOneFiveYears 2024-10-31 04888057 frs-core:WithinOneYear 2024-10-31 04888057 frs-core:CapitalRedemptionReserve 2024-10-31 04888057 frs-core:ShareCapital 2024-10-31 04888057 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31
Registered number: 04888057
First 4 Print Finishing Limited
Unaudited Financial Statements
For The Year Ended 31 October 2025
My Trusted Accountant Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04888057
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 268,507 198,808
268,507 198,808
CURRENT ASSETS
Debtors 5 656,209 918,540
Cash at bank and in hand 31,259 47,508
687,468 966,048
Creditors: Amounts Falling Due Within One Year 6 (384,738 ) (706,332 )
NET CURRENT ASSETS (LIABILITIES) 302,730 259,716
TOTAL ASSETS LESS CURRENT LIABILITIES 571,237 458,524
Creditors: Amounts Falling Due After More Than One Year 7 (47,850 ) (5,833 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (66,251 ) (48,770 )
NET ASSETS 457,136 403,921
CAPITAL AND RESERVES
Called up share capital 10 20,001 20,001
Capital redemption reserve 20,100 20,100
Profit and Loss Account 417,035 363,820
SHAREHOLDERS' FUNDS 457,136 403,921
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For the year ending 31 October 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Lorenzo Fardella
Director
19/02/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
First 4 Print Finishing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04888057 . The registered office is Premier Mill West Street, Great Harwood, Blackburn, Lancashire, BB6 7LT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases
Leasehold 2% to 10% Straight Line
Plant & Machinery 10% to 25yrs Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 10% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.6. Group accounts not prepared
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise of a small group.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 44 (2024: 46)
44 46
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 November 2024 78,975 1,634,988 1,713,963
Additions - 108,399 108,399
As at 31 October 2025 78,975 1,743,387 1,822,362
Depreciation
As at 1 November 2024 15,255 1,499,900 1,515,155
Provided during the period 7,897 30,803 38,700
As at 31 October 2025 23,152 1,530,703 1,553,855
Net Book Value
As at 31 October 2025 55,823 212,684 268,507
As at 1 November 2024 63,720 135,088 198,808
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 638,209 891,960
Other debtors 18,000 26,580
656,209 918,540
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 28,710 -
Trade creditors 95,220 114,024
Bank loans and overdrafts 5,834 10,000
Other creditors 130,640 379,163
Taxation and social security 124,334 203,145
384,738 706,332
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7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 47,850 -
Bank loans - 5,833
47,850 5,833
8. Secured Creditors
Loans and borrowings include net obligations under hire purchase contracts which are secured of £76,560 (2024 - £NIL).
Included on Other Creditors is £108,112 (2024: £310,077) relating to an Invoice Finance line secured in favour of Lloyds TSB Commercial Finance Limited.
The company has provided a fixed and floating charge over the company's assets in favour of Lloyds Bank PLC in respect of the above loans and borrowings.
2025 2024
£ £
Other Creditors 108,112 310,077
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 28,710 -
Later than one year and not later than five years 47,850 -
76,560 -
76,560 -
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 20,001 20,001
11. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is First 4 Print Holdings Limited .
During the year under review the company was under the ultimate control of the directors.
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