Colour Match Print Management Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03737602 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

Colour Match Print Management Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

D J Ball

J Ball

SECRETARY:

D H Ball

REGISTERED OFFICE:

9 De Montfort Street

Leicester

Leicestershire

LE1 7GE

REGISTERED NUMBER:

03737602 (England and Wales)

ACCOUNTANTS:

M Cubed Chartered Accountants

9 De Montfort Street

Leicester

Leicestershire

LE1 7GE

FIXED ASSETS

Tangible assets

2

6,881

6,324

CURRENT ASSETS

Stock

13,100

16,559

Debtors

3

200,027

186,269

Cash at bank

1,528

1,364

214,655

204,192

CREDITORS

Amounts falling due within one year

4

(347,076

)

(363,817

)

NET CURRENT LIABILITIES

(132,421

)

(159,625

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(125,540

)

(153,301

)

CREDITORS

Amounts falling due after more than one year

4

(22,994

)

(25,659

)

NET LIABILITIES

(148,534

)

(178,960

)

CAPITAL AND RESERVES

Called up share capital

5

200

200

Profit and loss account

(148,734

)

(179,160

)

SHAREHOLDERS' FUNDS

(148,534

)

(178,960

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 29 September 2015 and were signed on its behalf by:

D J Ball - Director

1.	ACCOUNTING POLICIES

Going concern

The company meets its day to day working capital requirements through the support of the Directors and

overdraft facilities provided by the bank. On this basis, the directors consider it appropriate to prepare the

financial statements on the going-concern basis.

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 goods, 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stock and work in progress 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 expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

34,796

Additions

3,744

Disposals

(3,461

)

At 30 April 2015

35,079

DEPRECIATION

At 1 May 2014

28,472

Charge for year

2,294

Eliminated on disposal

(2,568

)

At 30 April 2015

28,198

NET BOOK VALUE

At 30 April 2015

6,881

At 30 April 2014

6,324

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 1,964

4.

CREDITORS

Creditors include an amount of £ 146,704 (30.4.14 - £ 141,662 ) for which security has been given.

They also include the following debts falling due in more than five years:

30.4.15

30.4.14

£

£

Repayable by instalments

10,323

12,988

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

100

Ordinary shares

£1

100

100

100

Ordinary 'B' Shares

£1

100

100

200

200

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2015 and

30 April 2014:

30.4.15

30.4.14

£

£

D J Ball

Balance outstanding at start of year

(29,806

)

(107,778

)

Amounts advanced

81,201

77,972

Amounts repaid

(43,538

)

-

Balance outstanding at end of year

7,857

(29,806

)

7.	RELATED PARTY DISCLOSURES

Thomas Ball

Son of the directors

During the year the company made purchases of £550.

30.4.15

30.4.14

£

£

Amount due to related party at the balance sheet date

15,180

16,590

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Colour Match Print Management Limited for the year ended 30 April 2015 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Colour Match Print Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Colour Match Print Management Limited and state those matters that we have agreed to state to the Board of Directors of Colour Match Print Management Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Colour Match Print Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Colour Match Print Management Limited. You consider that Colour Match Print Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Colour Match Print

Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

M Cubed Chartered Accountants

9 De Montfort Street

Leicester

Leicestershire

LE1 7GE

Date: .............................................