Registered Number:06655655 |
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 July 2023
Advance Labels Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Advance Labels Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
267,012
305,555
2
3
80,000
37,946
347,012
343,501
84,000
194,500
4
Trade and other receivables |
454,768
343,190
5
3,040
Cash and cash equivalents |
-
537,690
541,808
Trade and other payables: amounts falling due within one |
year |
(651,952)
(560,067)
6
(110,144)
(22,377)
Net current liabilities
Total assets less current liabilities |
324,635
233,357
Trade and other payables: amounts falling due after more |
than one year |
(137,554)
(154,165)
7
(64,991)
(52,364)
Provisions for liabilities |
105,479
Net assets
43,439
104
104
105,315
63,261
8
60
(19,926)
105,479
43,439
Shareholders' funds
For the year ended 31 July 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 31 July 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. |
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For the year ended 31 July 2023
Advance Labels Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 27 March 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 July 2023
Advance Labels Limited
Notes to the Financial Statements
Statutory Information
Advance Labels Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 06655655. |
84 Broad Street
Syston
Leicester
Leicestershire
LE7 1GH
The presentation currency is £ sterling. |
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. |
2. Property, plant and equipment |
375,660
19,783
6,576
21,556
297,504
30,241
11,971
6,012
-
-
2,520
3,439
-
-
-
(12,999)
-
(12,999)
33,680
21,556
6,576
25,795
374,632
287,025
Provision for depreciation and impairment |
70,105
19,629
6,448
16,167
3,001
24,860
Charge for year
37,515
2,146
128
5,389
28,450
1,402
107,620
21,775
6,576
21,556
31,451
26,262
7,418
255,574
-
-
4,020
267,012
5,381
294,503
5,389
128
154
305,555
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For the year ended 31 July 2023
Advance Labels Limited
Notes to the Financial Statements Continued
37,946
42,054
80,000
80,000
37,946
2022
2023
194,500
84,000
5. Trade and other receivables |
2022
2023
176,759
166,591
166,431
288,177
454,768
343,190
The debtors above include the following amounts falling due after more than one year: |
-
4,489
6. Trade and other payables: amounts falling due within one year |
2022
2023
116,771
156,010
144,730
172,618
Taxation and social security |
274,995
242,700
23,571
80,624
560,067
651,952
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For the year ended 31 July 2023
Advance Labels Limited
Notes to the Financial Statements Continued
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
154,165
95,053
-
42,501
154,165
137,554
Revaluation reserve at 01 August 2022 |
63,261
Revaluation of fixed assets |
42,054
105,315
Revaluation reserve at 31 July 2023 |
9. Average number of persons employed |
During the year the average number of employees was 5 (2022 : 5)
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