1 March 2025 false No description of principal activity Taxfiler 2024.6 14691826 business:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 14691826 2025-02-28 14691826 2025-03-01 2026-02-28 14691826 business:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 14691826 business:FilletedAccounts 2025-03-01 2026-02-28 14691826 2026-02-28 14691826 2025-02-28 14691826 core:WithinOneYear 2026-02-28 14691826 core:WithinOneYear 2025-02-28 14691826 core:ShareCapital core:PreviouslyStatedAmount 2026-02-28 14691826 core:ShareCapital core:PreviouslyStatedAmount 2025-02-28 14691826 core:CapitalContributionReserve core:PreviouslyStatedAmount 2026-02-28 14691826 core:CapitalContributionReserve core:PreviouslyStatedAmount 2025-02-28 14691826 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-02-28 14691826 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-02-28 14691826 core:PreviouslyStatedAmount 2026-02-28 14691826 core:PreviouslyStatedAmount 2025-02-28 14691826 business:SmallEntities 2025-03-01 2026-02-28 14691826 business:Director2 2025-03-01 2026-02-28 14691826 countries:EnglandWales 2025-03-01 2026-02-28 14691826 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure
Company Registration No. 14691826 (England and Wales)
155 Labs Ltd Unaudited accounts for the year ended 28 February 2026
155 Labs Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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155 Labs Ltd Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Current assets
Cash at bank and in hand
9,508
2,018
Creditors: amounts falling due within one year
4
(304,003)
(185,799)
Net current liabilities
(294,495)
(183,781)
Net liabilities
(294,495)
(183,781)
Capital and reserves
Called up share capital
100
100
Capital contribution reserve
309,645
309,645
Profit and loss account
(604,240)
(493,526)
Shareholders' funds
(294,495)
(183,781)
For the year ending 28 February 2026 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 director acknowledges his 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 and authorised for issue on 8 May 2026 and were signed on its behalf by
A Mistry Director Company Registration No. 14691826
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155 Labs Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
155 Labs Ltd is a private company, limited by shares, registered in England and Wales, registration number 14691826.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
4
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
131
-
Other creditors
300,272
182,199
Accruals
3,600
3,600
304,003
185,799
5
Average number of employees
During the year the average number of employees was 1 (2025: 0).
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