2022-03-01 09428613 2023-02-28 09428613 2022-03-01 2023-02-28 09428613 2022-02-28 09428613 2021-03-01 2022-02-28 09428613 uk-core:WithinOneYear 2022-02-28 09428613 uk-core:WithinOneYear 2023-02-28 09428613 uk-core:AfterOneYear 2022-02-28 09428613 uk-core:AfterOneYear 2023-02-28 09428613 uk-core:ShareCapital 2023-02-28 09428613 uk-core:ShareCapital 2022-02-28 09428613 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 09428613 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 09428613 uk-bus:Director1 2022-03-01 2023-02-28 09428613 uk-core:PlantMachinery 2022-03-01 2023-02-28 09428613 uk-core:CommercialMotorVehicles 2022-03-01 2023-02-28 09428613 uk-core:CommercialMotorVehicles 2022-02-28 09428613 uk-core:PlantMachinery 2022-02-28 09428613 uk-core:PlantMachinery 2023-02-28 09428613 uk-core:CommercialMotorVehicles 2023-02-28 09428613 uk-core:AfterOneYear uk-core:Secured 2023-02-28 09428613 uk-core:AfterOneYear uk-core:Secured 2022-02-28 iso4217:GBP xbrli:pure 09428613 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 09428613 uk-bus:FRS102 2022-03-01 2023-02-28 09428613 uk-bus:FullAccounts 2022-03-01 2023-02-28 09428613 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
Lab Design & Print Limited
Registered Number:09428613
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
Lab Design & Print Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09428613
As at 28 February 2023
Lab Design & Print Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
9,800
12,456
2
9,800
12,456
Current assets
Trade and other receivables
20,000
-
3
26,413
Cash and cash equivalents
15,602
15,602
46,413
Trade and other payables: amounts falling due within one
year
(11,803)
(9,744)
4
34,610
5,858
Net current assets
Total assets less current liabilities
15,658
47,066
Trade and other payables: amounts falling due after more
than one year
(44,552)
(80,745)
5
(65,087)
Net assets/liabilities
2,514
Capital and reserves
Called up share capital
1
1
Retained earnings
(65,088)
2,513
(65,087)
2,514
Shareholders' funds
For the year ended 28 February 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Nicholas Peter Boston Director
These financial statements were approved and authorised for issue by the Board on 17 November 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2023
Lab Design & Print Limited
Notes to the Financial Statements
Statutory Information
Lab Design & Print Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09428613.
Registered address:
Unit 2
Little Samuels Farm
Hunsdon
Herts
SG12 8NN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
20 Reducing balance
25 Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 March 2022
40,045
7,800
32,245
At 28 February 2023
32,245
7,800
40,045
Provision for depreciation and impairment
At 01 March 2022
27,589
4,509
23,080
Charge for year
2,656
823
1,833
At 28 February 2023
30,245
5,332
24,913
At 28 February 2023
Net book value
7,332
2,468
9,800
At 28 February 2022
9,165
3,291
12,456
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5
For the year ended 28 February 2023
Lab Design & Print Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Other debtors
-
20,000
The debtors above include the following amounts falling due after more than one year:
Other debtors
-
20,000
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
1
1
Taxation and social security
8,710
11,221
Other creditors
1,033
581
9,744
11,803
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
80,745
44,552
6. Average number of persons employed
During the year the average number of employees was 1 (2022 : 2)
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