Groundwork Marketing Print Limited - Limited company - abbreviated

REGISTERED NUMBER: 04706185 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31st May 2014

for

Groundwork Marketing Print Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Leech

REGISTERED OFFICE:

111a Station Road

West WIckham

Kent

BR4 0PX

REGISTERED NUMBER:

04706185 (England and Wales)

ACCOUNTANTS:

Daniels & Co (Accountants) Limited

Chartered Accountants

111a Station Road

West Wickham

Kent

BR4 0PX

FIXED ASSETS

Tangible assets

2

11,498

359

CURRENT ASSETS

Debtors

14,072

30,385

Cash at bank and in hand

9,763

14,124

23,835

44,509

CREDITORS

Amounts falling due within one year

33,038

42,783

NET CURRENT (LIABILITIES)/ASSETS

(9,203

)

1,726

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,295

2,085

PROVISIONS FOR LIABILITIES

1,178

72

NET ASSETS

1,117

2,013

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

1,115

2,011

SHAREHOLDERS' FUNDS

1,117

2,013

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27th February 2015 and were signed by:

M Leech - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2013

536

Additions

15,088

At 31st May 2014

15,624

DEPRECIATION

At 1st June 2013

177

Charge for year

3,949

At 31st May 2014

4,126

NET BOOK VALUE

At 31st May 2014

11,498

At 31st May 2013

359

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2

Ordinary

£1

2

Groundwork Marketing Print Limited - Limited company - abbreviated - 11.0.0

Groundwork Marketing Print Limited - Limited company - abbreviated - 11.0.0