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REGISTERED NUMBER: 07017464 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

HEY PRINT LIMITED

HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HEY PRINT LIMITED

Company Information
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr Evrim Ozyigit





REGISTERED OFFICE: 293 Green Lanes
Palmers Green
London
N13 4XS





REGISTERED NUMBER: 07017464 (England and Wales)





ACCOUNTANTS: ADPL LLP
293 Green Lanes
London
N13 4XS

HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Balance Sheet
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,802 58,688

CURRENT ASSETS
Stocks 64,550 65,952
Debtors 5 20,919 15,447
Cash at bank and in hand 2,155 3,258
87,624 84,657
CREDITORS
Amounts falling due within one year 6 135,209 141,133
NET CURRENT LIABILITIES (47,585 ) (56,476 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,217

2,212

CREDITORS
Amounts falling due after more than one
year

7

9,299

13,319
NET LIABILITIES (5,082 ) (11,107 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (5,182 ) (11,207 )
SHAREHOLDERS' FUNDS (5,082 ) (11,107 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Balance Sheet - continued
31 JANUARY 2024


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

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2024 and were signed by:





Mr Yilmaz Ozyigit - Director


HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Hey Print Limited 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.

The accounts are prepared on a going concern basis, the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

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.
Improvements to property - 10% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

HEY PRINT LIMITED (REGISTERED NUMBER: 07017464)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 February 2023 16,134 103,799 12,672 132,605
Additions - 1,750 - 1,750
At 31 January 2024 16,134 105,549 12,672 134,355
DEPRECIATION
At 1 February 2023 7,560 58,286 8,071 73,917
Charge for year 857 7,089 690 8,636
At 31 January 2024 8,417 65,375 8,761 82,553
NET BOOK VALUE
At 31 January 2024 7,717 40,174 3,911 51,802
At 31 January 2023 8,574 45,513 4,601 58,688

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 20,919 13,941
Other debtors - 1,506
20,919 15,447

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 25,501 36,144
Social security and other taxes 775 3,580
Pension 44 53
VAT 1,052 -
Other creditors 12,150 12,150
Directors' current accounts 94,387 88,206
Accruals and deferred income 1,300 1,000
135,209 141,133

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans - 2-5 years 9,299 13,319