Company Registration No. NI617797 (Northern Ireland)
First 4 Printing (NI) Limited
Unaudited accounts
for the year ended 31 March 2021
First 4 Printing (NI) Limited
Unaudited accounts
Contents
First 4 Printing (NI) Limited
Company Information
for the year ended 31 March 2021
Directors
Mr Christopher Atchison
Ms Amanda Gamble
Secretary
Mr Christopher Atchison
Company Number
NI617797 (Northern Ireland)
Registered Office
26 Loughanhill Industrial Estate
Gateside Road
Coleraine
Co Londonderry
BT52 2NR
Accountants
TAG Accountants (N.I.) Ltd
81a Galgorm Road
Ballymena
Co Antrim
BT42 1AA
First 4 Printing (NI) Limited
Statement of financial position
as at 31 March 2021
Intangible assets
30,000
30,000
Tangible assets
11,847
13,076
Cash at bank and in hand
8,044
-
Creditors: amounts falling due within one year
(71,778)
(67,848)
Net current liabilities
(54,937)
(57,843)
Total assets less current liabilities
(13,090)
(14,767)
Provisions for liabilities
Deferred tax
(2,252)
(2,485)
Net liabilities
(15,342)
(17,252)
Called up share capital
4
4
Profit and loss account
(15,346)
(17,256)
Shareholders' funds
(15,342)
(17,252)
For the year ending 31 March 2021 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2021 and were signed on its behalf by
Mr Christopher Atchison
Director
Company Registration No. NI617797
First 4 Printing (NI) Limited
Notes to the Accounts
for the year ended 31 March 2021
First 4 Printing (NI) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI617797. The registered office is 26 Loughanhill Industrial Estate, Gateside Road, Coleraine, Co Londonderry, BT52 2NR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
First 4 Printing (NI) Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
8,000
375
18,243
26,618
At 31 March 2021
9,810
375
18,243
28,428
At 1 April 2020
3,904
297
9,341
13,542
Charge for the year
1,181
78
1,780
3,039
At 31 March 2021
5,085
375
11,121
16,581
At 31 March 2021
4,725
-
7,122
11,847
At 31 March 2020
4,096
78
8,902
13,076
6
Debtors: amounts falling due within one year
2021
2020
7
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
35,000
6,124
Obligations under finance leases and hire purchase contracts
982
-
Trade creditors
1,655
4,148
Taxes and social security
3,127
524
Loans from directors
30,000
55,500
8
Average number of employees
During the year the average number of employees was 3 (2020: 3).
