REGISTERED NUMBER: 10911867 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

THE BLK LABEL GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J A Craig

Mrs L Craig

REGISTERED OFFICE:

Unit 4

Launton Trade Park

Launton

Bicester

Oxfordshire

OX26 4AG

REGISTERED NUMBER:

10911867 (England and Wales)

ACCOUNTANTS:

LSR Management Limited

Unit C2A Comet Studios

De Havilland Court

Penn Street

Amersham

Buckinghamshire

HP7 0PX

FIXED ASSETS

Intangible assets

4

119,481

136,550

Tangible assets

5

511,420

417,331

630,901

553,881

CURRENT ASSETS

Stocks

-

66,764

Debtors

6

412,276

276,255

Cash at bank

131,758

426,077

544,034

769,096

CREDITORS

Amounts falling due within one year

7

493,731

679,154

NET CURRENT ASSETS

50,303

89,942

TOTAL ASSETS LESS CURRENT LIABILITIES

681,204

643,823

CREDITORS

Amounts falling due after more than one year

8

270,761

336,047

NET ASSETS

410,443

307,776

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

410,343

307,676

410,443

307,776

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 6 October 2025 and were signed on its behalf by:

J A Craig - Director

1.	STATUTORY INFORMATION

The Blk Label Group 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 15% on cost and Over the term of the lease

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

170,688

AMORTISATION

At 1 February 2024

34,138

Charge for year

17,069

At 31 January 2025

51,207

NET BOOK VALUE

At 31 January 2025

119,481

At 31 January 2024

136,550

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

509,950

Additions

180,773

At 31 January 2025

690,723

DEPRECIATION

At 1 February 2024

92,619

Charge for year

86,684

At 31 January 2025

179,303

NET BOOK VALUE

At 31 January 2025

511,420

At 31 January 2024

417,331

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

218,035

275,285

Other debtors

194,241

970

412,276

276,255

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

8,242

-

Trade creditors

166,008

157,638

Taxation and social security

173,806

125,867

Other creditors

145,675

395,649

493,731

679,154

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

30,000

-

Other creditors

240,761

336,047

270,761

336,047