0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-28 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 14833917 2023-04-28 2024-04-30 14833917 2024-04-30 14833917 2023-04-27 14833917 bus:OrdinaryShareClass1 2023-04-28 2024-04-30 14833917 bus:LeadAgentIfApplicable 2023-04-28 2024-04-30 14833917 bus:Director1 2023-04-28 2024-04-30 14833917 core:WithinOneYear 2024-04-30 14833917 core:UKTax 2023-04-28 2024-04-30 14833917 core:ShareCapital 2024-04-30 14833917 core:RetainedEarningsAccumulatedLosses 2024-04-30 14833917 bus:SmallEntities 2023-04-28 2024-04-30 14833917 bus:AuditExemptWithAccountantsReport 2023-04-28 2024-04-30 14833917 bus:SmallCompaniesRegimeForAccounts 2023-04-28 2024-04-30 14833917 bus:PrivateLimitedCompanyLtd 2023-04-28 2024-04-30 14833917 bus:FullAccounts 2023-04-28 2024-04-30 14833917 bus:OrdinaryShareClass1 2024-04-30
COMPANY REGISTRATION NUMBER: 14833917
South London Letterpress Limited
Filleted Unaudited Financial Statements
30 April 2024
South London Letterpress Limited
Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of South London Letterpress Limited
Period from 28 April 2023 to 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of South London Letterpress Limited for the period ended 30 April 2024, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of South London Letterpress Limited. Our work has been undertaken solely to prepare for your approval the financial statements of South London Letterpress Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than South London Letterpress Limited and its director for our work or for this report.
It is your duty to ensure that South London Letterpress Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of South London Letterpress Limited. You consider that South London Letterpress Limited is exempt from the statutory audit requirement for the period. We have not been instructed to carry out an audit or a review of the financial statements of South London Letterpress Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
COOLEY & CO Chartered accountants
Sampuran House 3a Chislehurst Road Orpington Kent BR6 0DF
25 April 2025
South London Letterpress Limited
Statement of Financial Position
30 April 2024
30 Apr 24
Note
£
£
Current assets
Stocks
1,100
Debtors
5
1,481
Cash at bank and in hand
5,020
-------
7,601
Creditors: amounts falling due within one year
6
4,400
-------
Net current assets
3,201
-------
Total assets less current liabilities
3,201
-------
Net assets
3,201
-------
Capital and reserves
Called up share capital
7
1
Profit and loss account
3,200
-------
Shareholders funds
3,201
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 25 April 2025 , and are signed on behalf of the board by:
K.J Silcock
Director
Company registration number: 14833917
South London Letterpress Limited
Notes to the Financial Statements
Period from 28 April 2023 to 30 April 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 Sumburgh Road, London, SW12 8AJ, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Tax on profit
Major components of tax expense
Period from
28 Apr 23 to
30 Apr 24
£
Current tax:
UK current tax expense
751
----
Tax on profit
751
----
Reconciliation of tax expense
The tax assessed on the profit on ordinary activities for the period is the same as the standard rate of corporation tax in the UK of 19 %.
Period from
28 Apr 23 to
30 Apr 24
£
Profit on ordinary activities before taxation
3,951
-------
Profit on ordinary activities by rate of tax
751
-------
5. Debtors
30 Apr 24
£
Other debtors
1,481
-------
6. Creditors: amounts falling due within one year
30 Apr 24
£
Corporation tax
752
Other creditors
3,648
-------
4,400
-------
7. Called up share capital
Issued, called up and fully paid
30 Apr 24
No.
£
Ordinary shares of £ 1 each
1
1
----
----
8. Director's advances, credits and guarantees
The director operates a loan account with the company. At the period end the company owed £3,048 to the director.