Label Solutions Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 11

Company Information

Directors

Mr LA Mann

Mrs AN Mann

Ms M Zakrzewska

Registered office

9 Pondwood Close
Moulton Park Industrial Estate
Northampton
Northamptonshire
NN3 6RT

Accountants

Michael J Emery & Co Limited
Chartered Accountants22 St. John Street
Newport Pagnell
Buckinghamshire
MK16 8HJ

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Label Solutions Limited
for the Year Ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Label Solutions Limited for the year ended 31 December 2025 as set out on pages 3 to 11 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Label Solutions Limited, as a body, in accordance with the terms of our instructions. Our work has been undertaken solely to prepare for your approval the accounts of Label Solutions Limited and state those matters that we have agreed to state to the Board of Directors of Label Solutions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Label Solutions Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Label Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Label Solutions Limited. You consider that Label Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Label Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Michael J Emery & Co Limited
Chartered Accountants
22 St. John Street
Newport Pagnell
Buckinghamshire
MK16 8HJ

Date:.............................

Label Solutions Limited

(Registration number: 04224327)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,074,261	293,765
Current assets
Stocks	5	117,626	114,028
Debtors	6	664,489	1,119,877
Cash at bank and in hand		172,925	54,183
		955,040	1,288,088
Creditors: Amounts falling due within one year	7	(343,351)	(255,204)
Net current assets		611,689	1,032,884
Total assets less current liabilities		1,685,950	1,326,649
Creditors: Amounts falling due after more than one year	7	(207,250)	-
Provisions for liabilities		(233,716)	(60,092)
Net assets		1,244,984	1,266,557
Capital and reserves
Called up share capital		100	100
Share premium reserve		17,305	17,305
Revaluation reserve		189,075	-
Retained earnings		1,038,504	1,249,152
Shareholders' funds		1,244,984	1,266,557

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 August 2026 and signed on its behalf by:

Label Solutions Limited

(Registration number: 04224327)
Balance Sheet as at 31 December 2025

.........................................
Ms M Zakrzewska
Director

Label Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales, 04224327.

The address of its registered office is:
9 Pondwood Close
Moulton Park Industrial Estate
Northampton
Northamptonshire
NN3 6RT
England

These financial statements were authorised for issue by the Board on 24 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Label Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Some of the items of plant and machinery have been revalued by a professional to their market values at 31 March 2024. These assets are being depreciated on a straight-line basis over the remainder of their useful lives. The relevant depreciation amounts are being transferred from the Profit and loss reserve to the revaluation reserve.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	at varying rates on cost
Fixtures and fittings	at varying rates on cost
Computer equipment	at varying rates on cost

Label Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Label Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year, including directors, was 19 (2024 - 19).

Label Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
£

Total
£

Cost or valuation

At 1 January 2025

73,152

1,476,328

80,283

4,500

1,634,263

Revaluations

-

(684,022)

-

-

(684,022)

Additions

2,377

587,552

9,308

-

599,237

Disposals

(19,736)

(181,329)

(50,245)

-

(251,310)

At 31 December 2025

55,793

1,198,529

39,346

4,500

1,298,168

Depreciation

At 1 January 2025

48,848

1,225,745

61,405

4,500

1,340,498

Charge for the year

6,585

117,148

8,969

-

132,702

Eliminated on disposal

(19,488)

(135,580)

(48,204)

-

(203,272)

Eliminated on revaluation

-

(1,046,021)

-

-

(1,046,021)

At 31 December 2025

35,945

161,292

22,170

4,500

223,907

Carrying amount

At 31 December 2025

19,848

1,037,237

17,176

-

1,074,261

At 31 December 2024

24,304

250,583

18,878

-

293,765

5

Stocks

2025
£

2024
£

Inventory

117,626

114,028

6

Debtors

Current

Note

2025
£

2024
£

Trade debtors

292,598

374,943

Amounts owed by related parties

326,412

698,500

Prepayments

28,850

31,082

Other debtors

16,629

15,352

664,489

1,119,877

Label Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	74,000	-
Trade creditors		114,324	106,180
Taxation and social security		95,423	99,321
Accruals and deferred income		49,408	39,014
Other creditors		10,196	10,689
		343,351	255,204

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	207,250	-

8

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Total £
Movement in deferred tax relating to revalued assets	(63,025)	(63,025)
Surplus/(deficit) on revaluation of tangible fixed assets	362,000	362,000
	298,975	298,975

Label Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £

Bank borrowings	207,250	-

Current loans and borrowings

	2025 £	2024 £

Bank borrowings	74,000	-

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles £	Total £
Cost or valuation
At 1 January 2025	73,152	1,476,328	80,283	4,500	1,634,263
Revaluations	-	(684,022)	-	-	(684,022)
Additions	2,377	587,552	9,308	-	599,237
Disposals	(19,736)	(181,329)	(50,245)	-	(251,310)
At 31 December 2025	55,793	1,198,529	39,346	4,500	1,298,168
Depreciation
At 1 January 2025	48,848	1,225,745	61,405	4,500	1,340,498
Charge for the year	6,585	117,148	8,969	-	132,702
Eliminated on disposal	(19,488)	(135,580)	(48,204)	-	(203,272)
Eliminated on revaluation	-	(1,046,021)	-	-	(1,046,021)
At 31 December 2025	35,945	161,292	22,170	4,500	223,907
Carrying amount
At 31 December 2025	19,848	1,037,237	17,176	-	1,074,261
At 31 December 2024	24,304	250,583	18,878	-	293,765

Current	Note	2025 £	2024 £
Trade debtors		292,598	374,943
Amounts owed by related parties		326,412	698,500
Prepayments		28,850	31,082
Other debtors		16,629	15,352
		664,489	1,119,877