IRIS Accounts Production v23.2.0.158 10638222 director 1.4.22 31.3.23 31.3.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106382222022-03-31106382222023-03-31106382222022-04-012023-03-31106382222021-03-31106382222021-04-012022-03-31106382222022-03-3110638222ns10:Originalns15:EnglandWales2022-04-012023-03-3110638222ns14:PoundSterlingns10:Original2022-04-012023-03-3110638222ns10:Originalns10:Director12022-04-012023-03-3110638222ns10:Original2022-04-012023-03-3110638222ns10:Original2023-03-3110638222ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3110638222ns10:Originalns10:SmallEntities2022-04-012023-03-3110638222ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3110638222ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3110638222ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3110638222ns10:Originalns10:FullAccounts2022-04-012023-03-3110638222ns10:Original12022-04-012023-03-3110638222ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3110638222ns10:Originalns10:RegisteredOffice2022-04-012023-03-3110638222ns10:Original2022-03-3110638222ns10:Originalns5:CurrentFinancialInstruments2023-03-3110638222ns10:Originalns5:CurrentFinancialInstruments2022-03-3110638222ns5:ShareCapitalns10:Original2023-03-3110638222ns5:ShareCapitalns10:Original2022-03-3110638222ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3110638222ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3110638222ns10:Originalns5:NetGoodwill2022-04-012023-03-3110638222ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3110638222ns10:Originalns5:FurnitureFittings2022-04-012023-03-3110638222ns10:Original2021-04-012022-03-3110638222ns10:Originalns5:NetGoodwill2022-03-3110638222ns10:Originalns5:NetGoodwill2023-03-3110638222ns10:Originalns5:NetGoodwill2022-03-3110638222ns10:Originalns5:FurnitureFittings2022-03-3110638222ns10:Originalns5:FurnitureFittings2023-03-3110638222ns10:Originalns5:FurnitureFittings2022-03-3110638222ns10:Originalns5:UnlistedNon-exchangeTradedns5:CostValuation2022-03-3110638222ns10:Originalns5:UnlistedNon-exchangeTradedns5:CostValuation2023-03-3110638222ns10:Originalns5:UnlistedNon-exchangeTraded2023-03-3110638222ns10:Originalns5:UnlistedNon-exchangeTraded2022-03-3110638222ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110638222ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3110638222ns10:Originalns10:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 10638222 (England and Wales)















EAST END PRINTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EAST END PRINTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2023







DIRECTOR: Ms H J Edwards





REGISTERED OFFICE: 234 Brick Lane
London
London
E2 7EB





REGISTERED NUMBER: 10638222 (England and Wales)





ACCOUNTANTS: Wallace Crooke
College House
St Leonards Close
Bridgnorth
Shropshire
WV16 4EJ

EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,000 5,000
Tangible assets 5 4,264 4,629
Investments 6 54,985 53,042
63,249 62,671

CURRENT ASSETS
Stocks 21,130 23,800
Debtors 7 256,115 188,022
Cash at bank and in hand 94,041 163,863
371,286 375,685
CREDITORS
Amounts falling due within one year 8 179,135 140,247
NET CURRENT ASSETS 192,151 235,438
TOTAL ASSETS LESS CURRENT
LIABILITIES

255,400

298,109

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 255,399 298,108
SHAREHOLDERS' FUNDS 255,400 298,109

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

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

The director acknowledges her 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 director and authorised for issue on 12 October 2023 and were signed by:



Ms H J Edwards - Director


EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2023

1. STATUTORY INFORMATION

East End Prints 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 as modified by the revaluation of certain assets.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten 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.
Fixtures and fittings - 25% 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 Income Statement, 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.

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.

EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Investments
Investments in equity shares, which are publicly traded or where the fair value can be reliably measured, are initially measured at their fair value with changes in fair value recognised in the income statement. Investments in equity shares, where fair value can not be reliably measured, are measured at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 10,000
AMORTISATION
At 1 April 2022 5,000
Charge for year 1,000
At 31 March 2023 6,000
NET BOOK VALUE
At 31 March 2023 4,000
At 31 March 2022 5,000

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2022 11,785
Additions 1,735
At 31 March 2023 13,520
DEPRECIATION
At 1 April 2022 7,156
Charge for year 2,100
At 31 March 2023 9,256
NET BOOK VALUE
At 31 March 2023 4,264
At 31 March 2022 4,629

EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2023

6. FIXED ASSET INVESTMENTS
Unlisted
corporate
bonds
£   
COST OR VALUATION
At 1 April 2022 53,042
Share of profit/(loss) 1,943
At 31 March 2023 54,985
NET BOOK VALUE
At 31 March 2023 54,985
At 31 March 2022 53,042

Cost or valuation at 31 March 2023 is represented by:

Unlisted
corporate
bonds
£   
Valuation in 2021 614
Valuation in 2022 7,428
Valuation in 2023 1,943
Cost 45,000
54,985

If the unlisted investment had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 45,000 45,000

The unlisted investment was valued on an open market basis on 31 March 2023 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 246,958 182,199
Other debtors 9,157 5,823
256,115 188,022

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 157,974 115,174
Taxation and social security 999 9,768
Other creditors 20,162 15,305
179,135 140,247

EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1