ACCOUNTS - Final Accounts

Company registration number: 00748294

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 APRIL 2025

	OPTICHROME LIMITED


OPTICHROME LIMITED

COMPANY INFORMATION

Directors	N Stephens
	J C Heywood
	M R Burford
	R G P Unwin
	D A Howard
	R J Daly
	A Clare-Campbell (appointed 1 June 2025)
	A J Clark (appointed 1 May 2024)


Company secretary	D A Howard


Registered number	00748294


Registered office	96-103 Maybury Road
	Woking
	Surrey
	GU21 5HX


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor
	Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


OPTICHROME LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


OPTICHROME LIMITED REGISTERED NUMBER:00748294

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2025

		2025		2024
Note		£		£

Fixed assets
Tangible fixed assets	4		847,825		1,136,326
Investments	5		100		100
			847,925		1,136,426
Current assets
Stocks		99,164		125,040
Debtors: amounts falling due within one year	6	2,215,157		1,546,563
Bank and cash balances		129,660		91,102
		2,443,981		1,762,705
Creditors: amounts falling due within one year	7	(1,307,603)		(964,867)
Net current assets			1,136,378		797,838
Total assets less current liabilities			1,984,303		1,934,264
Provisions for liabilities
Deferred tax		(193,114)		(254,064)
			(193,114)		(254,064)
Net assets			1,791,189		1,680,200

Capital and reserves
Called up share capital	2,000	2,000
Profit and loss account	1,789,189	1,678,200
	1,791,189	1,680,200

Page 1


OPTICHROME LIMITED REGISTERED NUMBER:00748294

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 APRIL 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

N Stephens

Director

Date: 23 October 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2


OPTICHROME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Optichrome Limited is a private company limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is shown on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in GBP, which is the functional currency of the entity.

2.2

Revenue

Revenue includes amounts receivable in respect of printing services provided where it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

2.4

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill - 2 years straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3


OPTICHROME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.7

Current and deferred taxation

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

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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of Financial Position date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Motor vehicles	-	4 - 5 years
				Printing presses and equipment	-	2.5 - 10 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.9

Valuation of investments

Investments in subsidiaries are measured at cost.

2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.
At each reporting date, stocks are assessed for impairment. If stock is 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.

Page 4


OPTICHROME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.11

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Statement of Financial Position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

Employees

The average monthly number of employees, including directors, during the year was 42 (2024 - 43).

Page 5


OPTICHROME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

4.	Tangible fixed assets

	Motor vehicles	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 May 2024	75,041	3,796,880	3,871,921
Additions	47,137	39,179	86,316
Disposals	(30,171)	(38,871)	(69,042)
At 30 April 2025	92,007	3,797,188	3,889,195
Depreciation
At 1 May 2024	75,041	2,660,554	2,735,595
Charge for the year on owned assets	1,964	372,760	374,724
Disposals	(30,171)	(38,778)	(68,949)
At 30 April 2025	46,834	2,994,536	3,041,370
Net book value
At 30 April 2025	45,173	802,652	847,825
At 30 April 2024	-	1,136,326	1,136,326

Page 6


OPTICHROME LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

5.	Fixed asset investments

		Shares in group companies
		£
	Cost or valuation
	At 1 May 2024	100
	At 30 April 2025	100

Debtors

					2025	2024
					£	£


Trade debtors	1,442,301	1,181,541
Amounts owed by group undertakings	634,453	218,600
Other debtors	17,661	18,849
Prepayments and accrued income	120,742	127,573
	2,215,157	1,546,563

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	615,548	479,449
Corporation tax	149,906	146,750
Other taxation and social security	125,157	102,097
Other creditors	300,234	168,622
Accruals and deferred income	116,758	67,949
	1,307,603	964,867

Page 7