Kopykat Printing Limited - Filleted accounts

Registered number

02289235

Kopykat Printing Limited

Filleted Accounts

31 March 2026

Kopykat Printing Limited
Registered number:		02289235
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		-			-
Tangible assets	4		103,083			129,010

Current assets
Stocks		7,000			7,000
Debtors	5	153,688			161,715
Cash at bank and in hand		270,596			306,488
		431,284			475,203

Creditors: amounts falling due within one year	6	(224,941)			(214,919)

Net current assets			206,343			260,284

Total assets less current liabilities			309,426			389,294


Provisions for liabilities			(25,486)			(30,706)

Net assets			283,940			358,588

Capital and reserves
Called up share capital			13,100			13,100
Profit and loss account			270,840			345,488

Shareholders' funds			283,940			358,588

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P Moretti-Greene
Director
Approved by the board on 25 August 2026

Kopykat Printing Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The results are presented in £GBP.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the provision of design & printing services including the supply of paper, inks, toners and other related services and materials. Turnover from the provision of these services is invoiced and recognised on completion of each printing job for a customer, all jobs are of short duration.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over the lease term
	Plant, machinery & equipment	15% - 33% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Accrued Holiday Pay
	A liability is recognised to the extent of any unused holiday pay entitlement which has accrued at the balance sheet date and carried forward to future periods. This is measured at the salary cost of the future holiday entitlement so accrued at the balance sheet date.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			8		9


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					10,000
	At 31 March 2026					10,000

	Amortisation
	At 1 April 2025					10,000
	At 31 March 2026					10,000

	Net book value
	At 31 March 2026					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Leasehold Improvements		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	39,012		793,378		832,390
	Additions	-		6,567		6,567
	Disposals	-		(12,995)		(12,995)
	At 31 March 2026	39,012		786,950		825,962

	Depreciation
	At 1 April 2025	36,901		666,479		703,380
	Charge for the year	974		29,022		29,996
	On disposals	-		(10,497)		(10,497)
	At 31 March 2026	37,875		685,004		722,879

	Net book value
	At 31 March 2026	1,137		101,946		103,083
	At 31 March 2025	2,111		126,899		129,010


5	Debtors			2026		2025
£					£

	Trade debtors			97,299		117,966
	Other debtors			56,389		43,749
				153,688		161,715


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loan			-		23,138
	Trade creditors			89,850		66,109
	Taxation and social security costs			41,481		28,149
	Other creditors			93,610		97,523
				224,941		214,919



7	Pension commitments

	The company operates a defined contribution pension scheme, for the employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

8	Other financial commitments			2026		2025
£					£

	Total future minimum payments under non-cancellable operating leases			197,037		349,509

9	Related party transactions

	The directors have made a loan to the company. The amount due to the directors at 31st March 2026 was £253 (2025 £5,653). The loan is interest free and repayable on demand. The bank overdraft of the company is supported by a personal guarantee given by the director, Mr P Moretti-Greene in the amount of £40,000.

10	Other information

	Kopykat Printing Limited is a private company limited by shares and incorporated in England. Its registered office is:
	76 Rivington Street
	London
	EC2A 3AY