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
155 Labs Ltd
Statement of financial position
as at 28 February 2026
Cash at bank and in hand
9,508
2,018
Creditors: amounts falling due within one year
(304,003)
(185,799)
Net current liabilities
(294,495)
(183,781)
Net liabilities
(294,495)
(183,781)
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
155 Labs Ltd
Notes to the Accounts
for the year ended 28 February 2026
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.
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.
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.
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
5
Average number of employees
During the year the average number of employees was 1 (2025: 0).