2014-09-01
true
false
Private Limited Company
08185392
2015-08-31
08185392
2014-09-01
2015-08-31
08185392
2014-08-31
08185392
2013-09-01
2014-08-31
08185392
uk-bus:Director1
2014-09-01
2015-08-31
08185392
uk-gaap:PlantMachinery
2014-09-01
2015-08-31
08185392
uk-gaap:ComputerEquipment
2014-09-01
2015-08-31
08185392
uk-gaap:FixturesFittings
2014-09-01
2015-08-31
iso4217:GBP
For the year ended 31 August 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08185392
2
Graphics Shack Ltd
For the year ended 31 August 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Graphics Shack Ltd
Accountants' Report
For the year ended 31 August 2015
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year |
| ended 31 August 2015 and you consider that the company is exempt from an audit under the Companies Act |
| 2006. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
| to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Blackrock Business & Consultancy Services Ltd
13 Fitzwalter Road
Caldicot
Monmouthshire
NP26 5DA
1 of 4
4
| Abbreviated Balance Sheet |
Graphics Shack Ltd
2015
2014
2
12,720
19,080
3
6,718
7,657
19,438
26,737
1,000
1,000
9,096
9,512
13,523
10,888
24,035
20,984
| Creditors: amounts falling due within one year |
(8,878)
(9,436)
12,106
14,599
Net current assets
| Total assets less current liabilities |
34,037
38,843
| Creditors: amounts falling due after more than one year |
(37,877)
(32,252)
1,785
Net assets
966
30
30
1,755
936
1,785
966
Shareholders funds
| For the year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) 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. |
| Date approved by the board: 25 September 2015 |
| Signed on behalf of the board of directors |
2 of 4
5
| Notes to the Abbreviated Financial Statements |
Graphics Shack Ltd
For the year ended 31 August 2015
| The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
| Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
| by the shareholders prior to the balance sheet date. |
| Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the |
| estimated expected useful economic life of the goodwill of 5 years. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Fixtures and Fittings
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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6
| Notes to the Abbreviated Financial Statements |
Graphics Shack Ltd
For the year ended 31 August 2015
| 2 Intangible fixed assets |
31,800
31,800
12,720
6,360
Charge for year
19,080
12,720
19,080
13,612
1,300
14,912
5,955
2,239
Charge for year
8,194
6,718
7,657
4 of 4
