REGISTERED NUMBER: 07562401 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

LABEL METRICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Roberts

M Bly

REGISTERED OFFICE:

Unit 22, Melton Enterprise Park

Redcliff Road

Melton

Hull

East Yorkshire

HU14 3RS

REGISTERED NUMBER:

07562401 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Tangible assets

4

191,926

244,161

Investments

5

138,908

16,500

330,834

260,661

CURRENT ASSETS

Stocks

130,364

130,441

Debtors

6

270,526

389,241

Cash at bank

7

322,882

307,942

723,772

827,624

CREDITORS

Amounts falling due within one year

8

536,127

469,945

NET CURRENT ASSETS

187,645

357,679

TOTAL ASSETS LESS CURRENT LIABILITIES

518,479

618,340

PROVISIONS FOR LIABILITIES

47,982

51,245

NET ASSETS

470,497

567,095

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Fair value reserve

9

(2,024

)

-

Retained earnings

471,521

566,095

470,497

567,095

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 3 November 2025 and were signed on its behalf by:

S Roberts - Director

1.	STATUTORY INFORMATION

Label Metrics 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Label Metrics Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is generated from the production of labels and recognised on exchange of goods.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Plant and machinery

-

20% on cost and 10% on cost

Fixtures and fittings

-

20% on cost and 10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the statement of income and retained earnings on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates an auto-enrolment and director's defined benefit contributions pension scheme. Contributions payable to the company's pension scheme are charged to the statement of income and retained earnings in the period to which they relate.

Investments

Investments in managed funds are included at fair value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2024

18,027

1,105,045

1,123,072

Additions

-

58,976

58,976

Disposals

-

(3,300

)

(3,300

)

At 28 February 2025

18,027

1,160,721

1,178,748

DEPRECIATION

At 1 March 2024

18,027

860,884

878,911

Charge for year

-

111,211

111,211

Eliminated on disposal

-

(3,300

)

(3,300

)

At 28 February 2025

18,027

968,795

986,822

NET BOOK VALUE

At 28 February 2025

-

191,926

191,926

At 29 February 2024

-

244,161

244,161

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 March 2024

16,500

-

16,500

Additions

-

201,764

201,764

Disposals

-

(77,332

)

(77,332

)

Revaluations

-

(2,024

)

(2,024

)

At 28 February 2025

16,500

122,408

138,908

NET BOOK VALUE

At 28 February 2025

16,500

122,408

138,908

At 29 February 2024

16,500

-

16,500

Cost or valuation at 28 February 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2025

-

(2,024

)

(2,024

)

Cost

16,500

124,432

140,932

16,500

122,408

138,908

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

233,991

306,011

Amounts owed by group undertakings

-

50,000

Other debtors

36,535

33,230

270,526

389,241

7.	CASH AT BANK

Label Metrics Limited is a trading company and cash is held in order to maintain trading levels, but also in

anticipation of acquisition of further equipment and expansion of premises, together with support in research for acquisition of other similar businesses.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

316,873

327,910

Amounts owed to group undertakings

35,483

-

Taxation and social security

165,074

133,302

Other creditors

18,697

8,733

536,127

469,945

9.

RESERVES

Fair

value

reserve

£

Movement on revaluation

(2,024

)

At 28 February 2025

(2,024

)