MP Labels Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13734242

MP Labels Ltd

Filleted Unaudited Financial Statements

31 March 2026

MP Labels Ltd

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	4		8,206	9,468

Current assets

Stocks		33,122	37,792
Debtors	5	21,067	645
Cash at bank and in hand		12,888	2,728
		--------	--------
		67,077	41,165

Creditors: amounts falling due within one year	6	185,014		150,396
		---------		---------
Net current liabilities			117,937	109,231
			---------	---------
Total assets less current liabilities			( 109,731)	( 99,763)
			---------	--------
Net liabilities			( 109,731)	( 99,763)
			---------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 109,831)	( 99,863)
	---------	--------
Shareholders deficit	( 109,731)	( 99,763)
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MP Labels Ltd

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 21 October 2026 , and are signed on behalf of the board by:

Mr G Arnold

Director

Company registration number: 13734242

MP Labels Ltd

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 3 St Martins Way, Bedford, Bedfordshire, MK42 0LF.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The accounts are prepared on a going concern basis. The shareholders continue to support the operational requirements of the company and ensure it is able to meet its liabilities as they fall due.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% straight line
Fixtures and fittings	-	25% straight line
Office equipment	-	33% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Tangible assets

	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 April 2025	6,124	217	6,717	13,058
Additions	–	–	2,921	2,921
	-------	----	-------	--------
At 31 March 2026	6,124	217	9,638	15,979
	-------	----	-------	--------
Depreciation
At 1 April 2025	1,859	131	1,600	3,590
Charge for the year	1,531	54	2,598	4,183
	-------	----	-------	--------
At 31 March 2026	3,390	185	4,198	7,773
	-------	----	-------	--------
Carrying amount
At 31 March 2026	2,734	32	5,440	8,206
	-------	----	-------	--------
At 31 March 2025	4,265	86	5,117	9,468
	-------	----	-------	--------

5. Debtors

	2026	2025
	£	£
Trade debtors	21,067	645
	--------	----

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	32,395	35,073
Social security and other taxes	1,262	1,051
Other creditors	151,357	114,272
	---------	---------
	185,014	150,396
	---------	---------