REGISTERED NUMBER: 03200492 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PRINT-RITE EUROPE LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms Y C G Fung

Mr H I Lei

REGISTERED OFFICE:

10 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

REGISTERED NUMBER:

03200492 (England and Wales)

ACCOUNTANTS:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

Derbyshire

DE24 8HP

CURRENT ASSETS

Debtors

6

4,495

7,999

Cash at bank

24,901

3,996

29,396

11,995

CREDITORS

Amounts falling due within one year

7

19,023,120

19,147,587

NET CURRENT LIABILITIES

(18,993,724

)

(19,135,592

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(18,993,724

)

(19,135,592

)

CREDITORS

Amounts falling due after more than one year

8

-

7,033

NET LIABILITIES

(18,993,724

)

(19,142,625

)

CAPITAL AND RESERVES

Called up share capital

9

10,000

10,000

Retained earnings

(19,003,724

)

(19,152,625

)

SHAREHOLDERS' FUNDS

(18,993,724

)

(19,142,625

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2026 and were signed on its behalf by:

Mr H I Lei - Director

1.	STATUTORY INFORMATION

Print-Rite Europe 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Intangible assets have been amortised over their useful economic life of 10 years.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Going concern

The company has received written confirmation from its parent company, confirming their intention to support the company to enable it to meet its ongoing obligations as they fall due. Following the uncertainty from the Russian/Ukraine war and trade relationships between UK and Europe following Brexit, management decided to mitigate any potential risk and exposure by ceasing to trade in the UK during the year ended 31 December 2022. There are no current plans to recommence trading nor have management mooted the possibility of closing the company down.

These financial statements do not contain any of the adjustments to be made were the company not to remain a going concern.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 January 2025

and 31 December 2025

236,384

AMORTISATION

At 1 January 2025

and 31 December 2025

236,384

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

3,504

Other debtors

4,495

4,495

4,495

7,999

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,033

10,332

Trade creditors

31,791

41,291

Amounts owed to group undertakings

18,878,770

18,885,231

Social security and other taxes

92,807

143,417

Accruals and deferred income

12,719

67,316

19,023,120

19,147,587

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

-

7,033

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

10,000

Ordinary

£1

10,000

10,000