Abbreviated Company Accounts - PRINTZ CHARMIN LTD

PRINTZ CHARMIN LTD - Company Information

06966558 PRINTZ CHARMIN LTD 2013-11-30 false 2012-12-01 2013-11-30 true 06966558 2012-12-01 2013-11-30 06966558 2013-11-30 06966558 2012-11-30 06966558 uk-gaap-cd-bus:Director1 2012-12-01 2013-11-30 06966558 uk-gaap-cd-bus:Director2 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2012-12-01 2013-11-30 uk-gaap-cd-bus:Director3 2013-11-30 uk-gaap-cd-bus:Director3 2012-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-01 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-30 iso4217:GBP shares

Registered Number 06966558

PRINTZ CHARMIN LTD

Abbreviated Accounts

30 November 2013

PRINTZ CHARMIN LTD Registered Number 06966558

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	3,613	6,139
		3,613	6,139
Current assets
Stocks		975	895
Debtors		13,647	6,906
Cash at bank and in hand		39,510	26,812
		54,132	34,613
Creditors: amounts falling due within one year		(50,119)	(37,741)
Net current assets (liabilities)		4,013	(3,128)
Total assets less current liabilities		7,626	3,011
Total net assets (liabilities)		7,626	3,011
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		7,624	3,009
Shareholders' funds		7,626	3,011

For the year ending 30 November 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 August 2014

And signed on their behalf by:
C Griffiths, Director

PRINTZ CHARMIN LTD Registered Number 06966558

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation

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

Motor Vehicles - 25% reducing balance basis per annum
Equipment - 25% straight line basis per annum

Other accounting policies
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items

2Tangible fixed assets

	£
Cost
At 1 December 2012	12,205
Additions	120
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	12,325
Depreciation
At 1 December 2012	6,066
Charge for the year	2,646
On disposals	-
At 30 November 2013	8,712
Net book values
At 30 November 2013	3,613
At 30 November 2012	6,139

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	C Griffiths
Description of the transaction:	Related Party Transactions
Balance at 1 December 2012:	£ 21,133
Advances or credits made:	£ 1,308
Advances or credits repaid:	-
Balance at 30 November 2013:	£ 22,441

During the year the directors provided the company with a loan. At the balance sheet date the company owed the directors £22,441 (2012 - £21,133). This loan has been provided interest free and has no formal repayment terms.