REGISTERED NUMBER: 04296084 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Direct Copiers (Service) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

8

DIRECTORS:

K Chadwick

Mrs V J Chadwick

SECRETARY:

Mrs V J Chadwick

REGISTERED OFFICE:

The Former Royal Mail Sorting Office

Horseley Road

Tipton

West Midlands

DY4 7DB

REGISTERED NUMBER:

04296084 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co. Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

FIXED ASSETS

Tangible assets

4

184,172

232,993

Investments

5

-

955

184,172

233,948

CURRENT ASSETS

Stocks

67,055

64,148

Debtors

6

50,720

43,106

Cash at bank

30,794

49,856

148,569

157,110

CREDITORS

Amounts falling due within one year

7

194,859

220,449

NET CURRENT LIABILITIES

(46,290

)

(63,339

)

TOTAL ASSETS LESS CURRENT LIABILITIES

137,882

170,609

CREDITORS

Amounts falling due after more than one year

8

(44,297

)

(63,912

)

PROVISIONS FOR LIABILITIES

(20,967

)

(23,872

)

NET ASSETS

72,618

82,825

CAPITAL AND RESERVES

Called up share capital

970

970

Capital redemption reserve

560

560

Retained earnings

71,088

81,295

SHAREHOLDERS' FUNDS

72,618

82,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2026 and were signed on its behalf by:

Mrs V J Chadwick - Director

1.	STATUTORY INFORMATION

Direct Copiers (Service) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with United Kingdom Accounting Standards, including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland" ("FRS") and the Companies Act 2006.

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future through continued support of the directors. On this basis, the directors believe it appropriate to prepare the accounts on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

When the outcome of a transaction can be estimated reliably, turnover is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to a notable milestone.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible assets, at rates calculated to write off the cost less estimated residual value,of each asset on a systematic basis over their estimated useful lives as follows:

Improvements to property

-

25% on cost

Plant & machinery

-

25% on reducing balance basis

Motor vehicles

-

25% on reducing balance basis

Fixtures and fittings

-

25% on reducing balance basis

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Share capital

Ordinary shares are classed as equity.

Distribution to equity holders

Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Operating leases

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2025

8,100

259,681

9,509

Additions

-

14,227

-

At 31 March 2026

8,100

273,908

9,509

DEPRECIATION

At 1 April 2025

4,050

150,468

9,308

Charge for year

2,025

30,860

50

At 31 March 2026

6,075

181,328

9,358

NET BOOK VALUE

At 31 March 2026

2,025

92,580

151

At 31 March 2025

4,050

109,213

201

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

228,474

4,845

510,609

Additions

-

-

14,227

At 31 March 2026

228,474

4,845

524,836

DEPRECIATION

At 1 April 2025

109,419

4,371

277,616

Charge for year

29,764

349

63,048

At 31 March 2026

139,183

4,720

340,664

NET BOOK VALUE

At 31 March 2026

89,291

125

184,172

At 31 March 2025

119,055

474

232,993

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

118,916

DEPRECIATION

At 1 April 2025

44,854

Charge for year

18,515

At 31 March 2026

63,369

NET BOOK VALUE

At 31 March 2026

55,547

At 31 March 2025

74,062

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

955

Disposals

(955

)

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

955

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

38,588

42,255

Prepayments & accrued income

12,132

851

50,720

43,106

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,761

10,000

Hire purchase contracts

17,397

17,397

Trade creditors

20,711

56,882

Social security & other taxes

9,690

8,995

VAT

13,180

12,342

Other creditors

11,501

13,712

Due to related companies

-

1,814

Directors' current accounts

107,787

92,093

Accrued expenses

12,832

7,214

194,859

220,449

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

2,218

Hire purchase contracts

44,297

61,694

44,297

63,912

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase

61,694

79,092

10.	OTHER FINANCIAL COMMITMENTS

Total operating lease commitments which are not included in the balance sheet amount to £25,000 falling due within one year.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the directors were owed £107,787 (2025: £92,093) by the company, which is repayable on demand and attracts no interest.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Direct Copiers (Service) Ltd for the year ended 31 March 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Direct Copiers (Service) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Direct Copiers (Service) Ltd and state those matters that we have agreed to state to the Board of Directors of Direct Copiers (Service) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Direct Copiers (Service) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Direct Copiers (Service) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Direct Copiers (Service) Ltd. You consider that Direct Copiers (Service) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Direct Copiers (Service) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bennett Brooks & Co. Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

15 September 2026