Lemur Labels Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08837978

Lemur Labels Ltd

Filleted Unaudited Financial Statements

31 January 2025

Lemur Labels Ltd

Statement of Financial Position

31 January 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		1,169,012	780,947

Current assets

Debtors	6	615,632	504,050
Cash at bank and in hand		606,017	461,586
		-----------	--------
		1,221,649	965,636

Creditors: amounts falling due within one year	7	595,294		344,721
		-----------		--------
Net current assets			626,355	620,915
			-----------	-----------
Total assets less current liabilities			1,795,367	1,401,862

Creditors: amounts falling due after more than one year	8		467,884	376,293

Provisions

Taxation including deferred tax	292,253	169,669
	-----------	-----------
Net assets	1,035,230	855,900
	-----------	-----------

Capital and reserves

Called up share capital	3	3
Profit and loss account	1,035,227	855,897
	-----------	--------
Shareholders funds	1,035,230	855,900
	-----------	--------

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 income and retained earnings has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Lemur Labels Ltd

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:

Mr A Hurford

Director

Company registration number: 08837978

Lemur Labels Ltd

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1a The Moorings, Dane Road Industrial Estate, Sale, Cheshire, M33 7BH.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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 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

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	10% straight line
Motor vehicles	-	25% straight line
Equipment	-	25% straight line
Website	-	33% straight line

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 11 (2024: 8 ).

5. Tangible assets

	Fixtures and fittings	Motor vehicles	Equipment	Website	Total
	£	£	£	£	£
Cost
At 1 February 2024	1,710	66,710	915,178	9,040	992,638
Additions	–	–	600,970	–	600,970
	------	-------	-----------	------	-----------
At 31 January 2025	1,710	66,710	1,516,148	9,040	1,593,608
	------	-------	-----------	------	-----------
Depreciation
At 1 February 2024	485	21,724	182,654	6,828	211,691
Charge for the year	171	10,427	201,218	1,089	212,905
	------	-------	-----------	------	-----------
At 31 January 2025	656	32,151	383,872	7,917	424,596
	------	-------	-----------	------	-----------
Carrying amount
At 31 January 2025	1,054	34,559	1,132,276	1,123	1,169,012
	------	-------	-----------	------	-----------
At 31 January 2024	1,225	44,986	732,524	2,212	780,947
	------	-------	-----------	------	-----------

6. Debtors

	2025	2024
	£	£
Trade debtors	358,162	261,234
Other debtors	257,470	242,816
	--------	--------
	615,632	504,050
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	8,554	13,796
Trade creditors	354,610	141,107
Corporation tax	11,480	3,435
Social security and other taxes	54,358	75,224
Other creditors	166,292	111,159
	--------	--------
	595,294	344,721
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	6,671	14,921
Other creditors	461,213	361,372
	--------	--------
	467,884	376,293
	--------	--------

9. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr A Hurford	5,041	2,373	7,414
	------	------	------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr A Hurford	( 2,129)	7,171	5,042
	------	------	------