Registration number: 01807261

T. Print Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 13

T. Print Limited

Company Information

Director

Mr A Bainbridge

Company secretary

Mr P Bainbridge

Registered office

Apparel House Bristol Avenue Bispham Lancashire FY2 0JF

Accountants

Horne Brooke Shenton Chartered Accountants15 Olympic Court Boardmans Way, Whitehills Business Park Blackpool FY4 5GU

T. Print Limited

(Registration number: 01807261)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed Assets
Intangible assets	5	2,533	-
Tangible Assets	6	286,102	255,978
		288,635	255,978
Current assets
Stocks	7	256,032	279,917
Debtors	8	371,301	355,379
Cash at bank and in hand		55,598	72,824
		682,931	708,120
Creditors: Amounts falling due within one year	9	(1,004,078)	(616,126)
Net current (liabilities)/assets		(321,147)	91,994
Total assets less current liabilities		(32,512)	347,972
Creditors: Amounts falling due after more than one year	9	(179,571)	(354,677)
Net liabilities		(212,083)	(6,705)
Capital and Reserves
Called up share capital		202	202
Retained Earnings		(212,285)	(6,907)
Shareholders' deficit		(212,083)	(6,705)

T. Print Limited

(Registration number: 01807261)
Balance Sheet as at 31 January 2026

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 30 October 2026
 

......................................... Mr A Bainbridge Director

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Apparel House
Bristol Avenue
Bispham
Lancashire
FY2 0JF

These financial statements were authorised for issue by the director on 30 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared 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.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency is £ Sterling.

Going concern

The financial statements have been prepared on a going concern basis. The director believes this to be appropriate as management accounts to date show an uplift in profitability and trading should continue to improve in the future, in the meantime the company will continue to have the support of the shareholders.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Whether of a capital or revenue nature, government grants have been recognised on an accruals basis and recognised in the accounts in the period in which they become receivable.

Grants of a revenue nature are recognised in "other operating income"; within the profit and loss account of the same period as the related expenditure.

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

Foreign currency transactions and balances

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also
recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, If the asset were already at the age and in the condition expected at the end of its useful economic life.

Depreciation method and rate for Tangible Assets
Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Fixtures and fittings	15% straight line
Motor vehicles	25% reducing balance
Computer equipment	33% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Intangible assets

Intangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20% straight line
Lease property	10% straight line
Website design	33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 52 (2025 - 51).

4	Loss/profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	84,122	79,996
Amortisation expense	1,267	-

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

5	Intangible assets

	Goodwill  £	Website development costs £	Property lease costs £	Total £
Cost or valuation
At 1 February 2025	60,000	11,670	14,648	86,318
Additions acquired separately	-	3,800	-	3,800
At 31 January 2026	60,000	15,470	14,648	90,118
Amortisation
At 1 February 2025	60,000	11,670	14,648	86,318
Amortisation charge	-	1,267	-	1,267
At 31 January 2026	60,000	12,937	14,648	87,585
Carrying amount
At 31 January 2026	-	2,533	-	2,533

6	Tangible Assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	274,637	977,725	153,693	92,153	1,498,208
Additions	6,724	47,167	4,892	55,463	114,246
Disposals	-	(672)	-	-	(672)
At 31 January 2026	281,361	1,024,220	158,585	147,616	1,611,782
Depreciation
At 1 February 2025	235,628	827,930	145,586	33,086	1,242,230
Charge for the year	11,428	45,067	5,521	22,106	84,122
Eliminated on disposal	-	(672)	-	-	(672)
At 31 January 2026	247,056	872,325	151,107	55,192	1,325,680
Carrying amount
At 31 January 2026	34,305	151,895	7,478	92,424	286,102
At 31 January 2025	39,009	149,795	8,107	59,067	255,978

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

7

Stocks

	2026 £	2025 £
Other inventories	256,032	279,917

8

Debtors

Current	2026 £	2025 £
Trade Debtors	106,881	118,194
Prepayments	21,509	25,596
Other debtors	242,911	211,589
	371,301	355,379

9

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	11	34,007	32,199
Trade Creditors		506,874	340,929
Taxation and social security		121,120	151,124
Accruals and deferred income		148,372	89,540
Other creditors		193,705	2,334
		1,004,078	616,126

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	11	179,571	354,677

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

10	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
100 Ordinary shares of £1 each	100	100	100	100
51 Ordinary Class A shares of £1 each	51	51	51	51
49 Ordinary Class B shares of £1 each	49	49	49	49
1 Ordinary Class C share of £1 each	1	1	1	1
1 Ordinary Class D share of £1 each	1	1	1	1
	202	202	202	202

11	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	10,834	20,833
Finance lease liabilities	38,188	19,117
Other borrowings	130,549	314,727
	179,571	354,677

	2026 £	2025 £
Current loans and borrowings
Finance lease liabilities	34,007	32,199

12	Related party transactions

Transactions with the director

2026	At 1 February 2025 £	Repayments by director £	At 31 January 2026 £
Mr A Bainbridge
Current account with the director	65,136	(65,136)	-

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

2025	At 1 February 2024 £	Advances to director £	At 31 January 2025 £
Mr A Bainbridge
Current account with the director	-	65,136	65,136

Loans to directors are made interest free and are repayable on demand.

T. Print Limited

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

Summary of transactions with other related parties

Mr Alan Bainbridge
 During the year the company paid dividends totalling £Nil (2025 - £Nil) to Mr A. Bainbridge

During the year the company also paid dividends totalling £Nil (2025 - £Nil) to the Bainbridge Family Trust, of which Mr Alan Bainbridge is a trustee.

No dividends were paid to any other shareholders.

The company is leasing 261 Bristol Avenue from the T Print Limited Benefits Scheme. The rent charged in the period was, £Nil (2025: £Nil) (VAT exclusive). Mr Bainbridge is a trustee of the Retirement Benefits Scheme. During the year the company took advantage of a rent holiday offered to assist with cashflow.