Company Registration No. 11934409 (England and Wales)
LABELXCHANGE LTD
Unaudited accounts
for the year ended 31 March 2025
LABELXCHANGE LTD
Unaudited accounts
Contents
LABELXCHANGE LTD
Company Information
for the year ended 31 March 2025
Directors
Joshua Stead
Jordan James Stead
Justis Mcevilly
Company Number
11934409 (England and Wales)
Registered Office
Office 316 Imperial Chambers
10-17 Seven Ways Parade
Woodford Avenue Gants Hill
London,
IG2 6JX
UNITED KINGDOM
LABELXCHANGE LTD
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
4,044
4,455
Creditors: amounts falling due within one year
(102,166)
(101,453)
Net current liabilities
(48,122)
(46,998)
Net liabilities
(48,122)
(46,998)
Called up share capital
3
3
Profit and loss account
(48,125)
(47,001)
Shareholders' funds
(48,122)
(46,998)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by
Justis Mcevilly
Director
Company Registration No. 11934409
LABELXCHANGE LTD
Notes to the Accounts
for the year ended 31 March 2025
LABELXCHANGE LTD is a private company, limited by shares, registered in England and Wales, registration number 11934409. The registered office is Office 316 Imperial Chambers, 10-17 Seven Ways Parade, Woodford Avenue Gants Hill, London,, IG2 6JX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Amounts falling due within one year
Trade debtors
50,000
50,000
5
Creditors: amounts falling due within one year
2025
2024
Other creditors
7,112
7,112
Loans from directors
94,341
93,628
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).