PICTURE PLAYGROUND PRINT LTD - Filleted accounts

Registered number

11800077

PICTURE PLAYGROUND PRINT LTD

Filleted Accounts

31 December 2025

PICTURE PLAYGROUND PRINT LTD
Registered number:		11800077
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		947,110			1,078,729
Investments	4		-			129,605
			947,110			1,208,334

Current assets
Stocks		153,951			110,010
Debtors	5	1,841,222			1,130,225
Cash at bank and in hand		223,833			54,424
		2,219,006			1,294,659

Creditors: amounts falling due within one year	6	(1,592,166)			(1,446,199)

Net current assets/(liabilities)			626,840			(151,540)

Total assets less current liabilities			1,573,950			1,056,794

Creditors: amounts falling due after more than one year	7		(1,075,647)			(554,214)

Provisions for liabilities			(175,800)			(161,919)


Net assets			322,503			340,661

Capital and reserves
Called up share capital			100			100
Profit and loss account			322,403			340,561

Shareholders' funds			322,503			340,661

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.


T Simons
Director
Approved by the board on 20 July 2026

PICTURE PLAYGROUND PRINT LTD
Notes to the Accounts
for the year ended 31 December 2025


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).

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			10%-25% straight line
	Fixtures, fittings, tools and equipment			10%-25% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.

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


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					22		16





3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	175,162		1,290,375		1,211		1,466,748
	Additions	-		33,185		-		33,185
	At 31 December 2025	175,162		1,323,560		1,211		1,499,933

	Depreciation
	At 1 January 2025	50,896		336,631		492		388,019
	Charge for the year	15,820		148,804		180		164,804
	At 31 December 2025	66,716		485,435		672		552,823

	Net book value
	At 31 December 2025	108,446		838,125		539		947,110
	At 31 December 2024	124,266		953,744		719		1,078,729


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 January 2025							129,605
	Disposals							(129,605)

	At 31 December 2025							-

	Historical cost
	At 1 January 2025							129,605

	The investment in Printbig Limited was written off during the year as a result of Printbig Limited entering liquidation.


5	Debtors					2025		2024
£							£

	Trade debtors					1,147,237		895,712
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					9,821		188,033
	Other debtors					684,164		46,480
						1,841,222		1,130,225





6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					-		12,841
	Amounts owed under factoring agreements					393,279		215,644
	Obligations under finance lease and hire purchase contracts					181,615		164,096
	Trade creditors					762,832		954,043
	Taxation and social security costs					39,216		63,052
	Other creditors					215,224		36,523
						1,592,166		1,446,199

	Included in other creditors is £102,829 (2024 £38,066) owed to the Directors of the Company.



7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		5,927
	Obligations under finance lease and hire purchase contracts					890,263		362,903
	Other creditors					185,384		185,384
						1,075,647		554,214


8	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loans					393,279		215,644

	The Company is subject to an, ' all assets', fixed and floating charge for the purpose of security provided for a factoring agreement.


9	Pension commitments

	Pension costs are charged to the profit and loss account when they arise.


10	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					30,149		10,395







11	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	K Simons
	Director's current account	9,683		-		(9,683)		-

		9,683		-		(9,683)		-


12	Controlling party

	The controlling parties are the shareholders.


13	Other information

	PICTURE PLAYGROUND PRINT LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Magazine 3 Ordnance Yard
	Upnor
	Rochester
	Kent
	ME2 4UY