LABEL INNOVATIONS (HOLDINGS) LIMITED

Company Registration Number:
04132623 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

LABEL INNOVATIONS (HOLDINGS) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes

LABEL INNOVATIONS (HOLDINGS) LIMITED

Directors' report period ended 31 March 2023

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

Principal activities of the company

The principal activities of the company in the the year under review were those of the management of group affairs, the provision of label printing machinery to it's subsidiary.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Mr P M Rutter Snr
Mr P M H Rutter Jnr


Secretary Mr P M H Rutter Jnr

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 February 2024

And signed on behalf of the board by:
Name: Mr P M H Rutter Jnr
Status: Secretary

LABEL INNOVATIONS (HOLDINGS) LIMITED

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 4,500 4,500
Tangible assets: 4 300 4,625
Investments: 5 1 1
Total fixed assets: 4,801 9,126
Current assets
Stocks:   0
Debtors: 6 59,600 82,034
Cash at bank and in hand: 322 18,969
Investments:   0
Total current assets: 59,922 101,003
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 7 ( 15,557 ) ( 53,671 )
Net current assets (liabilities): 44,365 47,332
Total assets less current liabilities: 49,166 56,458
Provision for liabilities: ( 2,740 )
Accruals and deferred income: 0
Total net assets (liabilities): 49,166 53,718
Capital and reserves
Called up share capital: 100 100
Share premium account: 3 3
Profit and loss account: 49,063 53,615
Total Shareholders' funds: 49,166 53,718

The notes form part of these financial statements

LABEL INNOVATIONS (HOLDINGS) LIMITED

Balance sheet statements

For the year ending 31 March 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 1 February 2024
and signed on behalf of the board by:

Name: Mr P M H Rutter Jnr
Status: Director

The notes form part of these financial statements

LABEL INNOVATIONS (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

LABEL INNOVATIONS (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

LABEL INNOVATIONS (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2022 4,500 4,500
Additions 4,500 4,500
Disposals ( 4,500 ) ( 4,500 )
Revaluations
Transfers
At 31 March 2023 4,500 4,500
Amortisation
At 1 April 2022 0 0
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 31 March 2023 0 0
Net book value
At 31 March 2023 4,500 4,500
At 31 March 2022 4,500 4,500

LABEL INNOVATIONS (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 2,313 116 2,196 4,625
Additions
Disposals ( 2,313 ) ( 116 ) ( 1,896 ) ( 4,325 )
Revaluations
Transfers
At 31 March 2023 0 0 300 300
Depreciation
At 1 April 2022 0 0 0 0
Charge for year 0 0 0 0
On disposals
Other adjustments
At 31 March 2023 0 0 0 0
Net book value
At 31 March 2023 0 0 300 300
At 31 March 2022 2,313 116 2,196 4,625

LABEL INNOVATIONS (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Fixed assets investments note

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment loss or reversals of impairment losses are recognised immediately in profit or loss.A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from the activities.

LABEL INNOVATIONS (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Debtors

2023 2022
£ £
Trade debtors 59,600 82,034
Total 59,600 82,034

LABEL INNOVATIONS (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Trade creditors 15,557 53,671
Total 15,557 53,671