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REGISTERED NUMBER: 10638222 (England and Wales)















EAST END PRINTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EAST END PRINTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2024







DIRECTOR: Ms H J Edwards





REGISTERED OFFICE: 234 Brick Lane
London
London
E2 7EB





REGISTERED NUMBER: 10638222 (England and Wales)





ACCOUNTANTS: Wallace Crooke
College House
St Leonards Close
Bridgnorth
Shropshire
WV16 4EJ

EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,000 4,000
Tangible assets 5 5,849 4,264
Investments 6 34,180 54,985
43,029 63,249

CURRENT ASSETS
Stocks 21,455 21,130
Debtors 7 207,738 256,115
Cash at bank and in hand 100,463 94,041
329,656 371,286
CREDITORS
Amounts falling due within one year 8 212,874 179,135
NET CURRENT ASSETS 116,782 192,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,811

255,400

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 159,810 255,399
SHAREHOLDERS' FUNDS 159,811 255,400

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2024 and were signed by:



Ms H J Edwards - Director


EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024

1. STATUTORY INFORMATION

East End Prints 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 as modified by the revaluation of certain assets.

The company's financial statements are individual entity financial statements.

The company's financial statements are presented in Sterling and all values are rounded to the nearest pound.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% 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.

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.


EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
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.

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.

Investments
Investments in equity shares, which are publicly traded or where the fair value can be reliably measured, are initially measured at their fair value with changes in fair value recognised in the income statement. Investments in equity shares, where fair value can not be reliably measured, are measured at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 10,000
AMORTISATION
At 1 April 2023 6,000
Charge for year 1,000
At 31 March 2024 7,000
NET BOOK VALUE
At 31 March 2024 3,000
At 31 March 2023 4,000

EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023 13,520
Additions 3,537
At 31 March 2024 17,057
DEPRECIATION
At 1 April 2023 9,256
Charge for year 1,952
At 31 March 2024 11,208
NET BOOK VALUE
At 31 March 2024 5,849
At 31 March 2023 4,264

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 54,985
Disposals (20,000 )
Share of profit/(loss) (805 )
At 31 March 2024 34,180
NET BOOK VALUE
At 31 March 2024 34,180
At 31 March 2023 54,985

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2021 614
Valuation in 2022 7,428
Valuation in 2023 1,943
Valuation in 2024 (805 )
Cost 25,000
34,180

EAST END PRINTS LIMITED (REGISTERED NUMBER: 10638222)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

6. FIXED ASSET INVESTMENTS - continued

If the unlisted investment had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 25,000 45,000

The unlisted investment was valued on an open market basis on 31 March 2024 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 194,993 246,958
Other debtors 12,745 9,157
207,738 256,115

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 192,704 157,974
Taxation and social security 1,899 999
Other creditors 18,271 20,162
212,874 179,135

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1