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REGISTERED NUMBER: 08633914 (England and Wales)












Report of the Director and

Financial Statements

for the Year Ended 31 August 2023

for

SL Print Supplies Ltd

SL Print Supplies Ltd (Registered number: 08633914)






Contents of the Financial Statements
for the year ended 31 August 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


SL Print Supplies Ltd

Company Information
for the year ended 31 August 2023







DIRECTOR: S Lee





SECRETARY:





REGISTERED OFFICE: 10 Boscombe Close
Egham
Surrey
TW20 8LX





REGISTERED NUMBER: 08633914 (England and Wales)





ACCOUNTANTS: Sue Huntley
8 Brockham Grange
Sherfield on Loddon
Hook
Hampshire
RG27 0FT

SL Print Supplies Ltd (Registered number: 08633914)

Report of the Director
for the year ended 31 August 2023

The director presents his report with the financial statements of the company for the year ended 31 August 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Printing Supplies

DIRECTOR
S Lee held office during the whole of the period from 1 September 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S Lee - Director


8 March 2024

SL Print Supplies Ltd (Registered number: 08633914)

Income Statement
for the year ended 31 August 2023

2023 2022
Notes £    £    £    £   

TURNOVER 374,961 326,895

Cost of sales 280,181 239,334
GROSS PROFIT 94,780 87,561

Distribution costs 328 344
Administrative expenses 30,228 27,513
30,556 27,857
OPERATING PROFIT and
PROFIT BEFORE TAXATION 64,224 59,704

Tax on profit 12,644 11,341
PROFIT FOR THE FINANCIAL YEAR 51,580 48,363

SL Print Supplies Ltd (Registered number: 08633914)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,089 1,452

CURRENT ASSETS
Debtors 6 184,303 131,820
Cash at bank and in hand 65,996 121,602
250,299 253,422
CREDITORS
Amounts falling due within one year 7 102,436 103,502
NET CURRENT ASSETS 147,863 149,920
TOTAL ASSETS LESS CURRENT
LIABILITIES

148,952

151,372

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 148,951 151,371
148,952 151,372

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 8 March 2024 and were signed by:





S Lee - Director


SL Print Supplies Ltd (Registered number: 08633914)

Notes to the Financial Statements
for the year ended 31 August 2023

1. STATUTORY INFORMATION

SL Print Supplies Ltd 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.

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

SL Print Supplies Ltd (Registered number: 08633914)

Notes to the Financial Statements - continued
for the year ended 31 August 2023

4. OPERATING PROFIT

The operating profit is stated after charging:

2023 2022
£    £   
Depreciation - owned assets 363 484

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 6,117
DEPRECIATION
At 1 September 2022 4,665
Charge for year 363
At 31 August 2023 5,028
NET BOOK VALUE
At 31 August 2023 1,089
At 31 August 2022 1,452

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 133,696 81,213
Other debtors 50,607 50,607
184,303 131,820

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,231
Trade creditors 52,622 63,439
Taxation and social security 17,785 14,251
Other creditors 22,029 15,581
102,436 103,502