Pigment Systems Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 04520768

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		459		612

			459		612
CURRENT ASSETS
Stocks		500		825
Debtors		28,366		29,405
Cash at bank and in hand		9		13

		28,875		30,243
Creditors: Amounts Falling Due Within One Year		(19,466 )		(20,968 )

NET CURRENT ASSETS (LIABILITIES)			9,409		9,275

TOTAL ASSETS LESS CURRENT LIABILITIES			9,868		9,887

Creditors: Amounts Falling Due After More Than One Year			-		(1,834 )

NET ASSETS			9,868		8,053

CAPITAL AND RESERVES
Called up share capital	5		1		1
Profit and Loss Account			9,867		8,052

SHAREHOLDERS' FUNDS			9,868		8,053

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Pigment Systems Limited

Abridged Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Shaun Jeffery

Director

15th September 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Pigment Systems Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04520768 . The registered office is 27a Parker Industrial Estate, Mansfield Road, Derby, DE21 4SZ.

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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated 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:

Plant & Machinery	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Pigment Systems Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2025	15,030

As at 31 December 2025	15,030

Depreciation
As at 1 January 2025	14,418
Provided during the period	153

As at 31 December 2025	14,571

Net Book Value
As at 31 December 2025	459

As at 1 January 2025	612

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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