Individual Graphic Design Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08910057 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2019

for

Individual Graphic Design Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss L L Brereton

J C Kenny

REGISTERED OFFICE:

555 Smithdown Road

Liverpool

Merseyside

L15 5AF

REGISTERED NUMBER:

08910057 (England and Wales)

ACCOUNTANTS:

Corbett & Co Accountants Ltd

Chartered Certified Accountants

555 Smithdown Road

Liverpool

Merseyside

L15 5AF

FIXED ASSETS

Property, plant and equipment

4

1,841

2,302

CURRENT ASSETS

Debtors

5

13,445

20,976

Cash at bank

18,915

5,949

32,360

26,925

CREDITORS

Amounts falling due within one year

6

24,761

25,946

NET CURRENT ASSETS

7,599

979

TOTAL ASSETS LESS CURRENT LIABILITIES

9,440

3,281

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9,340

3,181

SHAREHOLDERS' FUNDS

9,440

3,281

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 October 2019 and were signed on its behalf by:

J C Kenny - Director

Miss L L Brereton - Director

1.	STATUTORY INFORMATION

Individual Graphic Design Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

-

20% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 March 2018

and 28 February 2019

4,416

DEPRECIATION

At 1 March 2018

2,114

Charge for year

461

At 28 February 2019

2,575

NET BOOK VALUE

At 28 February 2019

1,841

At 28 February 2018

2,302

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.19

28.2.18

£

£

Trade debtors

13,445

20,976

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.19

28.2.18

£

£

Trade creditors

3,074

2,138

Taxation and social security

8,958

7,331

Other creditors

12,729

16,477

24,761

25,946