Technique Print Group Limited - Limited company - abbreviated - 11.9
Technique Print Group Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 March 2015 |
| for |
| Technique Print Group Limited |
| Technique Print Group Limited (Registered number: 03887452) |
| Contents of the Abbreviated Accounts |
| for the year ended 31 March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Technique Print Group Limited |
| Company Information |
| for the year ended 31 March 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Technique Print Group Limited (Registered number: 03887452) |
| Abbreviated Balance Sheet |
| 31 March 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks and work in progress |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| Technique Print Group Limited (Registered number: 03887452) |
| Abbreviated Balance Sheet - continued |
| 31 March 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on its behalf by: |
| Technique Print Group Limited (Registered number: 03887452) |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The directors consider that in preparing the financial statements they have taken into account all |
| information available, and on this basis the financial statements are prepared on a 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 and services, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Depreciation is provided for at the following annual rates in order to write off each asset over its |
| estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter. |
| Plant and machinery - 10-20% on reducing balance |
| Fixtures and fittings - 20% on reducing balance |
| Motor vehicles - 25% on reducing balance |
| Computer equipment - 25% on reducing balance |
| Stocks |
| Stocks 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date where transaction or events have occurred at that date that will result in an |
| obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions: |
| Deferred tax assets are recognised only to the extent that directors consider that it is more than 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 is measured on an undiscounted basis at the tax rates that are expected to apply in the |
| periods in which timing differences reverse, based on tax rates and laws enacted or substantially |
| enacted at the balance sheet date. |
| Technique Print Group Limited (Registered number: 03887452) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 March 2015 |
| 1. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
| Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held |
| under finance leases are depreciated over their estimated useful lives or the lease term, whichever is |
| the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant |
| period. The capital element of the future payments is treated as a liability. |
| Consolidated financial statements |
| The company is exempt from the requirement to prepare consolidated financial statements on the |
| grounds of its size. Hence, the financial statements present the results and position of the company |
| and not of its group. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| and 31 March 2015 |
| AMORTISATION |
| At 1 April 2014 |
| and 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| Technique Print Group Limited (Registered number: 03887452) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 March 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 April 2014 |
| and 31 March 2015 | 100 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| Technique Print Group Limited (Registered number: 03887452) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31 March 2015 |
| 4. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the |
| following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 100 | 100 |
| Technique Studios Limited was dormant throughout the current and previous periods. |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| 'A' Ordinary | £1 |
| 'B' Ordinary | £1 |
| 'C' Ordinary | £1 |
| 'D' Ordinary | £1 |
| 220 | 220 |
| 6. | CONTROLLING PARTY |
| The company is controlled by the directors by virtue of their shareholdings. |