REALISTIC_PHOTO_GRAPHICS_ - Accounts

REALISTIC PHOTO GRAPHICS LIMITED - Company Information

Print Friendly Version

Company Registration No. 00542845 (England and Wales)

REALISTIC PHOTO GRAPHICS LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2014

REALISTIC PHOTO GRAPHICS LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

REALISTIC PHOTO GRAPHICS LTD

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2014

- 1 -

2014

Notes

Fixed assets

Tangible assets

58,788

71,263

Current assets

Debtors

170,003

173,673

Cash at bank and in hand

303

12,771

170,306

186,444

Creditors: amounts falling due within one year

(217,688)

(237,688)

Net current liabilities

(47,382)

(51,244)

Total assets less current liabilities

11,406

20,019

Capital and reserves

Called up share capital

2,700

Profit and loss account

8,706

17,319

Shareholders' funds

11,406

20,019

For the financial Period ended 31 October 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 10 July 2015

M J Grainger

H J De Lemos

Director

Company Registration No. 00542845

REALISTIC PHOTO GRAPHICS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 OCTOBER 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% Written Down Value

Fixtures, fittings & equipment

25% Written Down Value

Fixed assets

Tangible assets

Cost

At 1 June 2014

247,562

Additions

545

At 31 October 2014

248,107

Depreciation

At 1 June 2014

176,299

Charge for the period

13,020

At 31 October 2014

189,319

Net book value

At 31 October 2014

58,788

At 31 May 2014

71,263

REALISTIC PHOTO GRAPHICS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 OCTOBER 2014

- 3 -

Share capital

2014

Allotted, called up and fully paid

2,500 Ordinary shares of £1 each

2,500

200 Ordinary B shares of £1 each

200

2,700