REGISTERED NUMBER: 05050806 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Bristol Labels Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B Stokes

Ms M J Peacey

REGISTERED OFFICE:

Unit 2, Whitby Road

Brislington

BRISTOL

BS4 3QF

REGISTERED NUMBER:

05050806 (England and Wales)

ACCOUNTANTS:

Norton Tax Shops Limited

3 & 5 Station Road

Keynsham

Bristol

BS31 2BH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

688,724

740,186

688,724

740,186

CURRENT ASSETS

Stocks

123,000

101,775

Debtors

181,191

152,252

Cash at bank and in hand

2,178

1,972

306,369

255,999

CREDITORS

Amounts falling due within one year

219,016

220,856

NET CURRENT ASSETS

87,353

35,143

TOTAL ASSETS LESS CURRENT LIABILITIES

776,077

775,329

CREDITORS

Amounts falling due after more than one year

(278,364

)

(346,168

)

PROVISIONS FOR LIABILITIES

7

(149,922

)

(18,487

)

NET ASSETS

347,791

410,674

CAPITAL AND RESERVES

Called up share capital

8

79

82

Revaluation reserve

9

55,460

55,460

Capital redemption reserve

3

-

Retained earnings

292,249

355,132

SHAREHOLDERS' FUNDS

347,791

410,674

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 16 June 2025 and were signed on its behalf by:

Mr B Stokes - Director

1.	STATUTORY INFORMATION

Bristol 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 as modified by the revaluation of certain assets.

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 2004, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on reducing balance

Computer equipment

-

25% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

23,000

AMORTISATION

At 1 April 2024

and 31 March 2025

23,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

1,006,085

Additions

4,256

At 31 March 2025

1,010,341

DEPRECIATION

At 1 April 2024

265,899

Charge for year

55,718

At 31 March 2025

321,617

NET BOOK VALUE

At 31 March 2025

688,724

At 31 March 2024

740,186

Cost or valuation at 31 March 2025 is represented by:

Totals

£

Valuation in 2021

73,946

Cost

936,395

1,010,341

If plant and machinery had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

871,006

871,006

Aggregate depreciation

292,622

237,749

Plant and machinery were valued on an open market basis on 31 March 2024 by the directors .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

499,609

DEPRECIATION

At 1 April 2024

94,924

Charge for year

40,469

At 31 March 2025

135,393

NET BOOK VALUE

At 31 March 2025

364,216

At 31 March 2024

404,685

6.	SECURED DEBTS

The rental lease on the property is secured by a rent deed dated 6 July 2009.

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

149,922

18,487

Deferred

tax

£

Balance at 1 April 2024

18,487

Charge to Income Statement during year

131,435

Balance at 31 March 2025

149,922

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

71

Ordinary A

£1

71

74

(31.3.24 - 74 )

8

Ordinary B

£1

8

8

79

82

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

55,460

10.	OTHER FINANCIAL COMMITMENTS

The company had operating financial commitments at the year end of £49,441 (2024 - £103,378).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr B Stokes

Balance outstanding at start of year

1,049

1,049

Amounts advanced

1,040

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,089

1,049