IRIS Accounts Production v23.3.0.418 07017464 director 1.2.22 31.1.23 31.1.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure070174642022-01-31070174642023-01-31070174642022-02-012023-01-31070174642021-01-31070174642021-02-012022-01-31070174642022-01-3107017464ns16:EnglandWales2022-02-012023-01-3107017464ns15:PoundSterling2022-02-012023-01-3107017464ns11:Director12022-02-012023-01-3107017464ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3107017464ns11:SmallEntities2022-02-012023-01-3107017464ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3107017464ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3107017464ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3107017464ns11:FullAccounts2022-02-012023-01-3107017464ns11:RegisteredOffice2022-02-012023-01-3107017464ns6:CurrentFinancialInstruments2023-01-3107017464ns6:CurrentFinancialInstruments2022-01-3107017464ns6:Non-currentFinancialInstruments2023-01-3107017464ns6:Non-currentFinancialInstruments2022-01-3107017464ns6:ShareCapital2023-01-3107017464ns6:ShareCapital2022-01-3107017464ns6:RetainedEarningsAccumulatedLosses2023-01-3107017464ns6:RetainedEarningsAccumulatedLosses2022-01-3107017464ns6:LeaseholdImprovements2022-02-012023-01-3107017464ns6:PlantMachinery2022-02-012023-01-3107017464ns6:FurnitureFittings2022-02-012023-01-3107017464ns6:LeaseholdImprovements2022-01-3107017464ns6:PlantMachinery2022-01-3107017464ns6:FurnitureFittings2022-01-3107017464ns6:LeaseholdImprovements2023-01-3107017464ns6:PlantMachinery2023-01-3107017464ns6:FurnitureFittings2023-01-3107017464ns6:LeaseholdImprovements2022-01-3107017464ns6:PlantMachinery2022-01-3107017464ns6:FurnitureFittings2022-01-3107017464ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3107017464ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3107017464ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2023-01-3107017464ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2022-01-31
REGISTERED NUMBER: 07017464 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

HEY PRINT LIMITED

HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEY PRINT LIMITED

Company Information
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: Mr Yilmaz Ozyigit





REGISTERED OFFICE: 293 Green Lanes
Palmers Green
London
N13 4XS





REGISTERED NUMBER: 07017464 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Balance Sheet
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 58,688 39,645

CURRENT ASSETS
Stocks 65,952 39,775
Debtors 5 15,447 18,464
Cash at bank and in hand 3,258 20,189
84,657 78,428
CREDITORS
Amounts falling due within one year 6 141,133 116,740
NET CURRENT LIABILITIES (56,476 ) (38,312 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,212

1,333

CREDITORS
Amounts falling due after more than one
year

7

13,319

17,333
NET LIABILITIES (11,107 ) (16,000 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (11,207 ) (16,100 )
SHAREHOLDERS' FUNDS (11,107 ) (16,000 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Balance Sheet - continued
31 JANUARY 2023


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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2023 and were signed by:





Mr Yilmaz Ozyigit - Director


HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2023


1. STATUTORY INFORMATION

Hey Print 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.

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.

The accounts are prepared on a going concern basis, the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 15% on reducing balance
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.

Hire purchase and leasing commitments
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 3 ).

HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2023


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 February 2022 16,134 74,960 12,672 103,766
Additions - 28,839 - 28,839
At 31 January 2023 16,134 103,799 12,672 132,605
DEPRECIATION
At 1 February 2022 6,607 50,254 7,260 64,121
Charge for year 953 8,032 811 9,796
At 31 January 2023 7,560 58,286 8,071 73,917
NET BOOK VALUE
At 31 January 2023 8,574 45,513 4,601 58,688
At 31 January 2022 9,527 24,706 5,412 39,645

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 13,941 18,464
Other debtors 1,506 -
15,447 18,464

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 36,144 9,127
Social security and other taxes 3,580 1,987
Pension 53 10
VAT - 4,761
Net wages - (501 )
Other creditors 12,150 12,150
Directors' current accounts 88,206 88,206
Accruals and deferred income 1,000 1,000
141,133 116,740

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans - 2-5 years 13,319 17,333