JW DIGITAL COLOUR LTD


Directors	DAVIES, Jonathan Gray
	WOOD, Joshua John


Registered Address	6 Lansdowne Mews
	London
	W11 3AN


Registered Number	10652738 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		4,213		5,456
			4,213		5,456
Current assets
Stocks	5	543,498		593,738
Debtors		224,754		297,938
Cash at bank and on hand		107,911		38,082
		876,163		929,758
Creditors amounts falling due within one year	6	(482,819)		(784,774)
Net current assets (liabilities)			393,344		144,984
Total assets less current liabilities			397,557		150,440
Creditors amounts falling due after one year	7		(10,297,479)		(10,219,708)
Net assets			(9,899,922)		(10,069,268)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(9,899,923)		(10,069,269)
Shareholders' funds			(9,899,922)		(10,069,268)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2026, and are signed on its behalf by:

DAVIES, Jonathan Gray
Director

WOOD, Joshua John
Director

Registered Company No. 10652738

JW DIGITAL COLOUR LTD

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The company meets its day-to-day working capital requirements through support from its parent company and the raising of venture capital funding. The company’s forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current funding. The holders of the convertible loan notes in the parent company converted them to equity on February 13, 2026. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Going concern

The company meets its day-to-day working capital requirements through support from its parent company and the raising of venture capital funding. The company’s forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able  to operate within the level of its current funding.
The holders of the convertible loan notes in the parent company converted them to equity on February 13, 2026. 
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
The company therefore continues to adopt the going concern basis in preparing its financial statements.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

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

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and machinery 3 years straight line with the exception of stands which are 1 year straight line.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	12		12

3.	Intangible assets

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 25	88,614	88,614
Additions	11,722	11,722
At 31 December 25	100,336	100,336
Depreciation and impairment
At 01 January 25	83,158	83,158
Charge for year	12,965	12,965
At 31 December 25	96,123	96,123
Net book value
At 31 December 25	4,213	4,213
At 31 December 24	5,456	5,456

5.	Stocks

	2025	2024
	£	£
Finished goods	543,498	593,738
Total	543,498	593,738

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	214,325	305,467
Bank borrowings and overdrafts	-	238,892
Amounts owed to related parties	20,987	4,625
Taxation and social security	152,345	100,871
Other creditors	3,100	6,544
Accrued liabilities and deferred income	92,062	128,375
Total	482,819	784,774


	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.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Amounts owed to related parties	10,297,479	10,219,708
Total	10,297,479	10,219,708