Artography Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08387143 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Artography Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTORS:

Ms T H Wang

Mr R H Maggio

SECRETARY:

Chiltern Secretaries Limited

REGISTERED OFFICE:

Albemarle House

Albemarle Street

London

W1S 4HA

REGISTERED NUMBER:

08387143 (England and Wales)

ACCOUNTANTS:

Assets Limited

Chartered Accountants

Chiltern Chambers

St Peters Avenue

Caversham

Reading

Berkshire

RG4 7DH

FIXED ASSETS

Tangible assets

2

564

752

CURRENT ASSETS

Stocks

1,497

-

Debtors

30,000

30,000

Cash at bank

13,276

1,032

44,773

31,032

CREDITORS

Amounts falling due within one year

6,412

6,361

NET CURRENT ASSETS

38,361

24,671

TOTAL ASSETS LESS CURRENT LIABILITIES

38,925

25,423

CAPITAL AND RESERVES

Called up share capital

3

35,795

31,500

Share premium

278,295

73,084

Profit and loss account

(275,165

)

(79,161

)

SHAREHOLDERS' FUNDS

38,925

25,423

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 September 2015 and were signed on its behalf by:

Ms T H Wang - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% reducing balance

Stocks

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

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be

recovered.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

1,002

DEPRECIATION

At 1 January 2014

250

Charge for year

188

At 31 December 2014

438

NET BOOK VALUE

At 31 December 2014

564

At 31 December 2013

752

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

579,533

Ordinary "A" non-voting shares

£0.01

5,795

1,500

Allotted and issued:

Number:

Class:

Nominal

2014

2013

value:

£

£

3,000,000

Ordinary "A" shares

£0.01

30,000

30,000

3,000,000 Ordinary A Class shares were issued during the year ended 31st December 2013 at par but the

consideration remains unpaid at 31st December 2014.

During the year the following share issues have been made at a premium:

Date of Issue

Class of share

Number Issued

Share Premium

31st December 2014

Ordinary "A" non-voting shares

429,533

£205,211

4.	ULTIMATE CONTROLLING PARTY

The company has no ultimate controlling party.