B.S. Labels Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01756520 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

B.S. LABELS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Tony Michael Pickering

Barbara Helen Pickering

Nicholas James Oram

SECRETARY:

Barbara Helen Pickering

REGISTERED OFFICE:

Units 1 and 2

Wood Street

Earl Shilton

Leicester

Leicestershire

LE9 7NE

REGISTERED NUMBER:

01756520 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants

25 Station Road

Hinckley

Leicestershire

LE10 1AP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of B.S. Labels Limited for the year ended 31 May 2025 which comprise the Income Statement, Balance Sheet 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of B.S. Labels Limited, as a body, in accordance with the terms of our engagement letter dated 18 July 2017. Our work has been undertaken solely to prepare for your approval the financial statements of B.S. Labels Limited and state those matters that we have agreed to state to the Board of Directors of B.S. Labels Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than B.S. Labels Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that B.S. Labels 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 loss of B.S. Labels Limited. You consider that B.S. Labels Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of B.S. Labels 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.

Armstrongs

Chartered Accountants

25 Station Road

Hinckley

Leicestershire

LE10 1AP

1 September 2025

FIXED ASSETS

Tangible assets

4

1,516,791

1,615,178

CURRENT ASSETS

Stocks

320,615

451,291

Debtors

5

456,065

436,113

Cash at bank and in hand

1,141,621

895,652

1,918,301

1,783,056

CREDITORS

Amounts falling due within one year

6

500,587

387,933

NET CURRENT ASSETS

1,417,714

1,395,123

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,934,505

3,010,301

PROVISIONS FOR LIABILITIES

138,883

185,035

NET ASSETS

2,795,622

2,825,266

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

2,795,422

2,825,066

SHAREHOLDERS' FUNDS

2,795,622

2,825,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by:

Tony Michael Pickering - Director

1.	STATUTORY INFORMATION

B.S. Labels 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.

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.

Freehold property

-

2% on cost (only on Buildings)

Plant and machinery

-

33% on cost and 25% on reducing balance

Fixtures and fittings

-

33% on reducing balance and 10% on reducing balance

Motor vehicles

-

20% 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2024 - 32 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

COST

At 1 June 2024

1,028,167

3,357,290

185,113

114,927

4,685,497

Additions

-

3,397

-

43,220

46,617

Disposals

-

(26,500

)

(26,500

)

At 31 May 2025

1,028,167

3,360,687

185,113

131,647

4,705,614

DEPRECIATION

At 1 June 2024

340,497

2,539,200

137,445

53,177

3,070,319

Charge for year

20,563

80,156

6,331

16,754

123,804

Eliminated on disposal

-

(5,300

)

(5,300

)

At 31 May 2025

361,060

2,619,356

143,776

64,631

3,188,823

NET BOOK VALUE

At 31 May 2025

667,107

741,331

41,337

67,016

1,516,791

At 31 May 2024

687,670

818,090

47,668

61,750

1,615,178

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

366,045

346,098

Other debtors

90,020

90,015

456,065

436,113

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

323,520

294,365

Corporation tax

6,978

22,247

Social security and other taxes

15,063

14,172

VAT

52,677

47,099

Other creditors

22,438

9,417

Directors' current accounts

79,911

633

500,587

387,933

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Tony Michael Pickering.