2023-03-01 09428613 2024-02-29 09428613 2023-03-01 2024-02-29 09428613 2023-02-28 09428613 2022-03-01 2023-02-28 09428613 uk-core:WithinOneYear 2023-02-28 09428613 uk-core:WithinOneYear 2024-02-29 09428613 uk-core:AfterOneYear 2023-02-28 09428613 uk-core:AfterOneYear 2024-02-29 09428613 uk-core:ShareCapital 2024-02-29 09428613 uk-core:ShareCapital 2023-02-28 09428613 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 09428613 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 09428613 uk-bus:Director1 2023-03-01 2024-02-29 09428613 uk-core:PlantMachinery 2023-03-01 2024-02-29 09428613 uk-core:CommercialMotorVehicles 2023-03-01 2024-02-29 09428613 uk-core:CommercialMotorVehicles 2023-02-28 09428613 uk-core:PlantMachinery 2023-02-28 09428613 uk-core:PlantMachinery 2024-02-29 09428613 uk-core:CommercialMotorVehicles 2024-02-29 09428613 uk-core:AfterOneYear uk-core:Secured 2024-02-29 09428613 uk-core:AfterOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure 09428613 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 09428613 uk-bus:FRS102 2023-03-01 2024-02-29 09428613 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 09428613 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Lab Design & Print Limited
Registered Number:09428613
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
Lab Design & Print Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09428613
As at 29 February 2024
Lab Design & Print Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
7,716
9,800
2
7,716
9,800
Current assets
Trade and other receivables
-
25,309
3
15,602
Cash and cash equivalents
6,060
31,369
15,602
Trade and other payables: amounts falling due within one
year
(9,744)
(6,832)
4
5,858
24,537
Net current assets
Total assets less current liabilities
32,253
15,658
Trade and other payables: amounts falling due after more
than one year
(80,745)
(78,146)
5
(45,893)
Net liabilities
(65,087)
Capital and reserves
Called up share capital
1
1
Retained earnings
(45,894)
(65,088)
(45,893)
(65,087)
Shareholders' funds
For the year ended 29 February 2024 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 29 February 2024 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.
Mr Nicholas Peter Boston Director
These financial statements were approved and authorised for issue by the Board on 21 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 29 February 2024
Lab Design & Print Limited
Notes to the Financial Statements
Statutory Information
Lab Design & Print Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09428613.
Registered address:
Unit 6
Little Samuels Farm
Hunsdon
Herts
SG128NN
The presentation currency is £ sterling.
1. Accounting policies
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.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
20 Reducing balance
25 Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 March 2023
40,045
7,800
32,245
At 29 February 2024
32,245
7,800
40,045
Provision for depreciation and impairment
At 01 March 2023
30,245
5,332
24,913
Charge for year
2,084
617
1,467
At 29 February 2024
32,329
5,949
26,380
At 29 February 2024
Net book value
5,865
1,851
7,716
At 28 February 2023
7,332
2,468
9,800
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5
For the year ended 29 February 2024
Lab Design & Print Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Other debtors
25,309
-
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
(1)
1
Taxation and social security
6,833
8,710
Other creditors
-
1,033
6,832
9,744
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
78,146
80,745
Other creditors
-
-
78,146
80,745
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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