REGISTERED NUMBER: 06876772 (England and Wales)

VELDONN PRINTERS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D M Horton

T M Horton

REGISTERED OFFICE:

46 Clensmore Street

Kidderminster

Worcestershire

DY10 2JS

REGISTERED NUMBER:

06876772 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

83,973

47,166

83,973

47,166

CURRENT ASSETS

Stocks

24,593

24,767

Debtors

6

149,798

137,511

Cash at bank and in hand

9,338

16,749

183,729

179,027

CREDITORS

Amounts falling due within one year

7

206,934

188,490

NET CURRENT LIABILITIES

(23,205

)

(9,463

)

TOTAL ASSETS LESS CURRENT LIABILITIES

60,768

37,703

CREDITORS

Amounts falling due after more than one year

8

(24,482

)

(633

)

PROVISIONS FOR LIABILITIES

9

(15,955

)

(10,367

)

NET ASSETS

20,331

26,703

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

11

20,330

26,702

SHAREHOLDERS' FUNDS

20,331

26,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 27th October 2026 and were signed on its behalf by:

D M Horton - Director

1.	STATUTORY INFORMATION

Veldonn Printers 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st May 2025

and 30th April 2026

92,800

AMORTISATION

At 1st May 2025

and 30th April 2026

92,800

NET BOOK VALUE

At 30th April 2026

-

At 30th April 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1st May 2025

175,668

99,018

18,055

292,741

Additions

62,982

-

-

62,982

At 30th April 2026

238,650

99,018

18,055

355,723

DEPRECIATION

At 1st May 2025

155,683

85,378

4,514

245,575

Charge for year

20,744

2,046

3,385

26,175

At 30th April 2026

176,427

87,424

7,899

271,750

NET BOOK VALUE

At 30th April 2026

62,223

11,594

10,156

83,973

At 30th April 2025

19,985

13,640

13,541

47,166

The net book value of tangible fixed assets includes £ 34,425 in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

126,026

122,963

Amounts owed by group undertakings

9,083

4,387

Other debtors

200

-

Prepayments

14,489

10,161

149,798

137,511

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

60,689

81,999

Hire purchase contracts

14,594

-

Trade creditors

81,749

76,383

Amounts owed to group undertakings

8,351

8,651

Tax

-

6,079

Social security and other taxes

2,986

3,028

VAT

22,462

5,293

Other creditors

11,680

4,811

Accrued expenses

4,423

2,246

206,934

188,490

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans more than 1 year

-

633

Hire purchase contracts

24,482

-

24,482

633

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

15,955

10,367

Deferred tax

£

Balance at 1st May 2025

10,367

Provided during year

5,588

Balance at 30th April 2026

15,955

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1

Ordinary

£1

1

1

11.

RESERVES

Retained

earnings

£

At 1st May 2025

26,702

Profit for the year

1,628

Dividends

(8,000

)

At 30th April 2026

20,330

12.	RELATED PARTY DISCLOSURES

Veldonn Printers Ltd is a wholly owned subsidiary of Veldonn (Holdings) Ltd. As at the 30th April 2026 Veldonn Printers Ltd was owed £9,083 (2025 owed £4,387) by Veldonn (Holdings) Ltd.

Veldonn Printers Limited paid a dividend in the year to Veldonn (Holdings) Limited of £8,000 (2025 - £25,000).

Veldonn Printers Limited ia a group company including A2B Couriers Limited. As at the 30th April 2026 it owed £8,351 (2025 £8,651) to A2B Couriers Limited.