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Registered number: 04962899
REGISTERPRINT MACHINERY LIMITED
UNAUDITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
HAINES WATTS LEEDS LLP
CHARTERED ACCOUNTANTS
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REGISTERPRINT MACHINERY LIMITED
REGISTERED NUMBER: 04962899
ABBREVIATED BALANCE SHEET
AS AT 30 JUNE 2015
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CREDITORS: amounts falling due within one year
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NET CURRENT ASSETS/(LIABILITIES)
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TOTAL ASSETS LESS CURRENT LIABILITIES
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CREDITORS: amounts falling due after more than one year
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Page 1
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REGISTERPRINT MACHINERY LIMITED
ABBREVIATED BALANCE SHEET (continued)
AS AT 30 JUNE 2015
The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 June 2015 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 12 November 2015.
The notes on pages 3 to 6 form part of these financial statements.
Page 2
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REGISTERPRINT MACHINERY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
1.ACCOUNTING POLICIES
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Basis of preparation of financial statements
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The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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The director confirms that he believes the company is still a going concern and that he will undertake to ensure that adequate financial resources are provided to the company to enable it to meet its liabilities as they fall due.
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Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax.
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Intangible fixed assets and amortisation
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Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the profit and loss account over its estimated economic life.
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Tangible fixed assets and depreciation
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Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
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Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
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Rentals under operating leases are charged to the profit and loss account on a straight line basis over the lease term.
Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the period until the date the rent is expected to be adjusted to the prevailing market rate.
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The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.
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Page 3
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REGISTERPRINT MACHINERY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
1.ACCOUNTING POLICIES (continued)
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Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.
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A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse.
Deferred tax assets and liabilities are not discounted.
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Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the profit and loss account.
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Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
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2.INTANGIBLE FIXED ASSETS
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At 1 July 2014 and 30 June 2015
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At 1 July 2014 and 30 June 2015
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Page 4
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REGISTERPRINT MACHINERY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
3.TANGIBLE FIXED ASSETS
4.CREDITORS:
Amounts falling due within one year
Included within creditors due within one year is a balance of £20,421 (2014: £41,061), in respect of a bank overdraft, which is secured by the company.
5.CREDITORS:
Amounts falling due after more than one year
Creditors include amounts not wholly repayable within 5 years as follows:
6.SHARE CAPITAL
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Allotted, called up and fully paid
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214,252 Deferred shares of £1 each
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3,333 A Ordinary shares of £1 each
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6,667 B Ordinary shares of £1 each
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The deferred shares do not have the right to receive notices of or to attend and vote at general meetings of the Company.
 
Page 5
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REGISTERPRINT MACHINERY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2015
6.SHARE CAPITAL (continued)
The A ordinary shares and B ordinary shares carry full voting rights and rank pari passu in all other respects.
7.ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY
The ultimate parent company of Registerprint Machinery Limited is Vision Supplies Limited which holds 100% of the issued share capital. Vision Supplies Limited is a company that is incorporated and registered in England and Wales.
Page 6
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