Gardiner Graphics Limited - Accounts to registrar (filleted) - small 18.2
Gardiner Graphics Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MAY 2019 |
| FOR |
| GARDINER GRAPHICS LIMITED |
| GARDINER GRAPHICS LIMITED (REGISTERED NUMBER: 07461434) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MAY 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| GARDINER GRAPHICS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31ST MAY 2019 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 24 Park Road South |
| Havant |
| Hampshire |
| PO9 1HB |
| GARDINER GRAPHICS LIMITED (REGISTERED NUMBER: 07461434) |
| BALANCE SHEET |
| 31ST MAY 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 by: |
| GARDINER GRAPHICS LIMITED (REGISTERED NUMBER: 07461434) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31ST MAY 2019 |
| 1. | STATUTORY INFORMATION |
| Gardiner Graphics Limited is a |
| 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 |
| The presentation currency of the financial statements is the Pound Sterling (£), rounded to the nearest Pound |
| (£). |
| The financial statements relate to Gardiner Graphics Limited as an individual entity. |
| Turnover |
| Turnover represents the value of goods and services supplied, excluding value added tax. Turnover is |
| recognised on delivery to the customer. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of the business in 2012, is being amortised |
| evenly over its estimated useful life of ten years. |
| Patents |
| Patents are being written off over their useful life of 10 years. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Tangible fixed assets are included at cost less depreciation and impairment. |
| The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if |
| appropriate. |
| Stocks |
| Inventories have been valued at the lower of cost and estimated selling price less costs to sell. |
| Financial instruments |
| Financial instruments are recognised in line with sections 11 and 12 of FRS 102. |
| Basic financial instruments, such as bank and cash, loans, amounts due to/from group undertakings, trade |
| receivables and payables are initially recognised at transaction price, unless they constitute a financing |
| arrangement, when the transaction is measured at present value of the future receipts/payments discounted at a |
| market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest |
| rate method. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| GARDINER GRAPHICS LIMITED (REGISTERED NUMBER: 07461434) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MAY 2019 |
| 2. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws |
| that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal |
| of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| Goodwill | assets | Totals |
| £ | £ | £ |
| COST |
| At 1st June 2018 |
| and 31st May 2019 |
| AMORTISATION |
| At 1st June 2018 |
| Charge for year |
| At 31st May 2019 |
| NET BOOK VALUE |
| At 31st May 2019 |
| At 31st May 2018 |
| GARDINER GRAPHICS LIMITED (REGISTERED NUMBER: 07461434) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31ST MAY 2019 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1st June 2018 |
| Additions |
| At 31st May 2019 |
| DEPRECIATION |
| At 1st June 2018 |
| Charge for year |
| At 31st May 2019 |
| NET BOOK VALUE |
| At 31st May 2019 |
| At 31st May 2018 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | SECURED DEBTS |
| There is a fixed and floating charge dated 25 June 2013 against assets held within Gardiner Graphics Limited |
| and Gardiner Graphics Group Limited. |
| 9. | RELATED PARTY DISCLOSURES |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party |
| transactions with wholly owned subsidiaries within the group. |