Voice Press Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08458161 (England and Wales)

Abridged Financial Statements for the Year Ended 31 March 2020

for

VOICE PRESS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Cooper

Mrs E E L Cooper

SECRETARY:

A Cooper

REGISTERED OFFICE:

16 Chandag Road

Keynsham

Bristol

Avon

BS31 1NR

REGISTERED NUMBER:

08458161 (England and Wales)

ACCOUNTANTS:

West Country Accounting Services Limited

Chartered Accountants

BS15 8DH

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

9,448

10,866

9,448

10,866

CURRENT ASSETS

Debtors

105,852

100,057

Cash at bank and in hand

71,195

77,076

177,047

177,133

CREDITORS

Amounts falling due within one year

219,419

169,676

NET CURRENT (LIABILITIES)/ASSETS

(42,372

)

7,457

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,924

)

18,323

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

(33,024

)

18,223

SHAREHOLDERS' FUNDS

(32,924

)

18,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 30 December 2020 and were signed on its behalf by:

A Cooper - Director

1.	STATUTORY INFORMATION

Voice Press Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2019 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2019

and 31 March 2020

35,000

AMORTISATION

At 1 April 2019

and 31 March 2020

35,000

NET BOOK VALUE

At 31 March 2020

-

At 31 March 2019

-

5.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 April 2019

30,926

Additions

1,514

At 31 March 2020

32,440

DEPRECIATION

At 1 April 2019

20,060

Charge for year

2,932

At 31 March 2020

22,992

NET BOOK VALUE

At 31 March 2020

9,448

At 31 March 2019

10,866

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

100

Ordinary

£1.00

100

100

7.

RESERVES

Retained

earnings

£

At 1 April 2019

18,223

Profit for the year

11,253

Dividends

(62,500

)

At 31 March 2020

(33,024

)