REGISTERED NUMBER: 03127237 (England and Wales)

AINSWORTH PRINT & DESIGN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss L J Ellison

P Herod

REGISTERED OFFICE:

Unit 8

Cromwell Road

Bredbury

Stockport

SK6 2RF

REGISTERED NUMBER:

03127237 (England and Wales)

ACCOUNTANTS:

Clarke Nicklin LLP

Chartered Accountants

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

FIXED ASSETS

Tangible assets

4

244,750

383,573

CURRENT ASSETS

Stocks

48,250

48,700

Debtors

5

500,169

208,013

Cash at bank

750,387

703,746

1,298,806

960,459

CREDITORS

Amounts falling due within one year

6

432,080

363,251

NET CURRENT ASSETS

866,726

597,208

TOTAL ASSETS LESS CURRENT LIABILITIES

1,111,476

980,781

CREDITORS

Amounts falling due after more than one year

7

(75,221

)

(137,307

)

PROVISIONS FOR LIABILITIES

(58,678

)

(92,995

)

NET ASSETS

977,577

750,479

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

977,477

750,379

SHAREHOLDERS' FUNDS

977,577

750,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

Miss L J Ellison - Director

1.	STATUTORY INFORMATION

Ainsworth Print & Design Limited 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

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 represents income receivable for work done, excluding value added tax.

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 equipment

-

33% on cost and 25% on reducing balance

Motor vehicles

-

20% 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 Statement of Income and Retained Earnings, 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.

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

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.

Capital grant income

Capital grant income is capitalised, held as deferred income and recognised as income in profit and loss account over the expected useful life of the asset.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 12 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

equipment

vehicles

Totals

£

£

£

COST

At 1 December 2023

and 30 November 2024

1,095,298

114,100

1,209,398

DEPRECIATION

At 1 December 2023

822,022

3,803

825,825

Charge for year

116,763

22,060

138,823

At 30 November 2024

938,785

25,863

964,648

NET BOOK VALUE

At 30 November 2024

156,513

88,237

244,750

At 30 November 2023

273,276

110,297

383,573

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

Plant and

Motor

equipment

vehicles

Totals

£

£

£

COST

At 1 December 2023

and 30 November 2024

218,000

114,100

332,100

DEPRECIATION

At 1 December 2023

121,111

3,803

124,914

Charge for year

72,667

22,060

94,727

At 30 November 2024

193,778

25,863

219,641

NET BOOK VALUE

At 30 November 2024

24,222

88,237

112,459

At 30 November 2023

96,889

110,297

207,186

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

279,588

203,971

Other debtors

-

4,042

Directors' current accounts

220,581

-

500,169

208,013

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts and finance leases

62,086

70,689

Trade creditors

130,921

148,750

Corporation tax

136,398

58,080

Social security and other taxes

6,102

6,293

VAT

53,867

41,845

Other creditors

1,731

1,867

Directors' current accounts

-

709

Accruals

37,596

30,513

Deferred grants

3,379

4,505

432,080

363,251

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts and finance leases

75,221

137,307

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts and finance leases

137,307

207,996

The hire purchase contracts are secured against the assets which they relate to.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024

2023

£

£

Miss L J Ellison

Balance outstanding at start of year

-

-

Amounts advanced

220,581

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

220,581

-

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss L J Ellison through her 100% shareholding in the company.