158PRINTERS LTD

Company Registration Number:
08832312 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

158PRINTERS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

158PRINTERS LTD

Company Information

for the Period Ended 31 January 2023




Director: Charles Barfi Jaja
Registered office: 167 - 169 London Office
Great Portland Street
London
England
W1W 5PF
Company Registration Number: 08832312 (England and Wales)

158PRINTERS LTD

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The director(s) shown below were appointed to the company during the period
Charles Barfi Jaja
14 November 2022

This report was approved by the board of directors on 30 March 2023
And Signed On Behalf Of The Board By:

Name: Charles Barfi Jaja
Status: Director

158PRINTERS LTD

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 120,386 248,374
Cost of sales ( 72,811 ) ( 87,051 )
Gross Profit or (Loss) 47,575 207,136
Income from coronavirus (COVID-19) business support grants 0 45,813
Distribution Costs ( 2,419 ) ( 3,499 )
Administrative Expenses ( 129,985 ) ( 153,214 )
Other operating income - 0
Operating Profit or (Loss) ( 84,829 ) 50,423
Interest Receivable and Similar Income - 0
Interest Payable and Similar Charges - ( 0 )
Profit or (Loss) Before Tax ( 84,829 ) 50,423
Tax on Profit - ( 0 )
Profit or (Loss) for Period ( 84,829 ) 50,423

The notes form part of these financial statements

158PRINTERS LTD

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 14,000 16,000
Tangible assets: 5 105,674 115,891
Total fixed assets: 119,674 131,891
Current assets
Stocks: 40,500 25,000
Cash at bank and in hand: 6,000 37,109
Total current assets: 46,500 62,109
Creditors: amounts falling due within one year: 6 ( 31,061 )
Net current assets (liabilities): 15,439 62,109
Total assets less current liabilities: 135,113 194,000
Creditors: amounts falling due after more than one year: 7 ( 99,000 ) ( 73,059 )
Total net assets (liabilities): 36,113 120,941

The notes form part of these financial statements

158PRINTERS LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 200 200
Revaluation reserve: 8 34,937 34,937
Profit and loss account: 976 85,804
Shareholders funds: 36,113 120,941

For the year ending 31 January 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 March 2023
And Signed On Behalf Of The Board By:

Name: Charles Barfi Jaja
Status: Director

The notes form part of these financial statements

158PRINTERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

158PRINTERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 4 4

158PRINTERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

158PRINTERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Intangible assets

Other Total
Cost £ £
At 01 February 2022 20,000 20,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 20,000 20,000
Amortisation
Amortisation at 01 February 2022 4,000 4,000
Charge for year 2,000 2,000
On disposals - -
Other adjustments - -
Amortisation at 31 January 2023 6,000 6,000
Net book value
Net book value at 31 January 2023 14,000 14,000
Net book value at 31 January 2022 16,000 16,000

158PRINTERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Total
Cost £ £ £ £
At 01 February 2022 85,200 39,618 29,113 153,931
Additions - 5,750 - 5,750
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 January 2023 85,200 45,368 29,113 159,681
Depreciation
At 01 February 2022 16,140 8,580 13,320 38,040
Charge for year 8,520 4,536 2,911 15,967
On disposals - - - -
Other adjustments - - - -
At 31 January 2023 24,660 13,116 16,231 54,007
Net book value
At 31 January 2023 60,540 32,252 12,882 105,674
At 31 January 2022 69,060 31,038 15,793 115,891

158PRINTERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 31,061
Total 31,061

158PRINTERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 65,000 73,059
Other creditors 34,000
Total 99,000 73,059

158PRINTERS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

8. Revaluation reserve


2023
£
Balance at 01 February 2022 34,937
Surplus or deficit after revaluation 0
Balance at 31 January 2023 34,937