GOODMOOD PRINTS LTD


Directors	Arabella Mimi De Klee
	Nicholas Alexander De Klee
	Oliver Christopher Fairweather


Registered Address	Avins Farm College Road
	Ardingly
	Haywards Heath
	RH17 6SH


Registered Number	14180872 (England and Wales)

Balance Sheet as at
30 June 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		1,723		2,461
Tangible assets	4		5,810		6,194
			7,533		8,655
Current assets
Debtors	5	263,711		31,368
Cash at bank and on hand		162,433		32,428
		426,144		63,796
Creditors amounts falling due within one year	6	(335,523)		(39,421)
Net current assets (liabilities)			90,621		24,375
Total assets less current liabilities			98,154		33,030
Net assets			98,154		33,030
Capital and reserves
Profit and loss account			98,154		33,030
Shareholders' funds			98,154		33,030

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 3 November 2026, and are signed on its behalf by:

Oliver Christopher Fairweather
Director
Registered Company No. 14180872

GOODMOOD PRINTS LTD

Notes to the Financial Statements
for the year ended 30 June 2026

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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The company and its subsidiary qualify as a small group, and the company has therefore taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare group accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

The company and its subsidiary qualify as a small group, and the company has therefore taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare group accounts.

	Going concern
	In preparing the annual accounts, the directors confirm that they believe the company can continue as a going concern for at least the next 12 months from the date of these accounts. The Directors have confirmed their intention to support the continued operation of the business.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	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. Dormain - 5 years straight-line

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	3

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		3

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 July 25	2,461	2,461
At 30 June 26	2,461	2,461
Amortisation and impairment
Charge for year	738	738
At 30 June 26	738	738
Net book value
At 30 June 26	1,723	1,723
At 30 June 25	2,461	2,461

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 July 25	8,683	8,683
Additions	2,583	2,583
At 30 June 26	11,266	11,266
Depreciation and impairment
At 01 July 25	2,489	2,489
Charge for year	2,967	2,967
At 30 June 26	5,456	5,456
Net book value
At 30 June 26	5,810	5,810
At 30 June 25	6,194	6,194

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	257,105	30,859
Other debtors	6	211
Prepayments and accrued income	6,600	298
Total	263,711	31,368

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	160,104	19,346
Bank borrowings and overdrafts	15	-
Amounts owed to related parties	8,258	-
Taxation and social security	149,722	17,686
Other creditors	518	1
Accrued liabilities and deferred income	16,906	2,388
Total	335,523	39,421

7.	Contingent liabilities
	There were no financial guarantees or commitments, either ongoing or entered into during the period.

8.	Directors advances, credits and guarantees
	There were no advances, credits, or guarantees granted to the directors during the period.

9.	Off-balance sheet arrangements
	The company had no off-balance sheet arrangements at year-end or at any stage during the period.

10.	Related party transactions
	GoodMood Prints US Inc is a wholly owned subsidiary of the company. At 30th June 2026, GoodMood Prints US Inc owed the company £133,793 (2025: £nil) in respect of recharged costs and royalties, and the company owed GoodMood Prints US Inc £8,258 (2025: £nil).