REGISTERED NUMBER: 05164416 (England and Wales)

THE ENGRAVING CENTRE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

4

211

276

Tangible assets

5

8,649

12,917

8,860

13,193

CURRENT ASSETS

Stocks

6

3,300

1,500

Debtors

7

1,386

708

Cash at bank and in hand

14,773

14,737

19,459

16,945

CREDITORS

Amounts falling due within one year

8

22,246

13,949

NET CURRENT (LIABILITIES)/ASSETS

(2,787

)

2,996

TOTAL ASSETS LESS CURRENT LIABILITIES

6,073

16,189

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

5,972

16,088

SHAREHOLDERS' FUNDS

6,073

16,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 28 August 2025 and were signed on its behalf by:

K J Morris - Director

1.	STATUTORY INFORMATION

The Engraving Centre Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05164416

Registered office:

63 Wimmerfield Avenue

Killay

Swansea

Swansea

SA2 7BZ

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 invoiced sales of goods and services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty 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.

Short leasehold

-

25% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% 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 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

1,300

AMORTISATION

At 1 April 2024

1,024

Amortisation for year

65

At 31 March 2025

1,089

NET BOOK VALUE

At 31 March 2025

211

At 31 March 2024

276

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

1,125

29,782

22,431

4,701

58,039

Additions

-

-

70

1,334

1,404

At 31 March 2025

1,125

29,782

22,501

6,035

59,443

DEPRECIATION

At 1 April 2024

1,125

22,947

19,039

2,011

45,122

Charge for year

-

3,997

520

1,155

5,672

At 31 March 2025

1,125

26,944

19,559

3,166

50,794

NET BOOK VALUE

At 31 March 2025

-

2,838

2,942

2,869

8,649

At 31 March 2024

-

6,835

3,392

2,690

12,917

6.

STOCKS

2025

2024

£

£

Stocks

3,300

1,500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

645

-

Other debtors

519

519

Prepayments

222

189

1,386

708

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,312

3,941

Taxation and social security

4,273

3,915

Other creditors

15,661

6,093

22,246

13,949

9.	RELATED PARTY DISCLOSURES

The company is under the control of the directors who own 100% of the issued share capital of the company.