PRINTYFY_LTD - Accounts

PRINTYFY LIMITED - Company Information

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Company Registration No. 08411571 (England and Wales)

PRINTYFY LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

PRINTYFY LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

PRINTYFY LTD

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

8,444

7,233

Current assets

Stocks

3,500

1,921

Debtors

1,058

1,263

Cash at bank and in hand

438

4,588

3,622

Creditors: amounts falling due within one year

(36,002)

(17,217)

Net current liabilities

(31,414)

(13,595)

Total assets less current liabilities

(22,970)

(6,362)

Capital and reserves

Called up share capital

Profit and loss account

(22,980)

(6,372)

Shareholders' funds

(22,970)

(6,362)

For the financial year ended 28 February 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his 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 30 November 2015

A G Ayres

Director

Company Registration No. 08411571

PRINTYFY LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

- 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 accounts have been prepared on a going concern basis. The company is reliant on the continued support of its director and its creditors, allowing it to meet its debts as they fall due.

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

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

20% Reducing balance

Computer equipment

33.3% Reducing balance

Fixtures, fittings & equipment

15% Reducing balance

Fixed assets

Tangible assets

Cost

At 1 March 2014

10,844

Additions

4,649

At 28 February 2015

15,493

Depreciation

At 1 March 2014

3,611

Charge for the year

3,438

At 28 February 2015

7,049

Net book value

At 28 February 2015

8,444

At 28 February 2014

7,233

Share capital

2015

2014

Allotted, called up and fully paid

1,000 ordinary shares of 1p each