Printing World Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05309387 (England and Wales)

PRINTING WORLD LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J A Hayes

R J Hayes

SECRETARY:

Mrs L A Hayes

REGISTERED OFFICE:

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

REGISTERED NUMBER:

05309387 (England and Wales)

ACCOUNTANTS:

Rushtons

Shorrock House

1 Faraday Court

Fulwood

Preston

Lancashire

PR2 9NB

FIXED ASSETS

Tangible assets

2

9,737

6,097

CURRENT ASSETS

Stocks

600

350

Debtors

9,348

8,791

Cash at bank

20,310

28,803

30,258

37,944

CREDITORS

Amounts falling due within one year

12,101

15,989

NET CURRENT ASSETS

18,157

21,955

TOTAL ASSETS LESS CURRENT LIABILITIES

27,894

28,052

PROVISIONS FOR LIABILITIES

1,621

821

NET ASSETS

26,273

27,231

CAPITAL AND RESERVES

Called up share capital

3

100

10

Profit and loss account

26,173

27,221

SHAREHOLDERS' FUNDS

26,273

27,231

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 17 December 2015 and were signed on its behalf by:

J A Hayes - 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 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 etc

-

25% on reducing balance and 15% on 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.

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 April 2014

27,289

Additions

5,325

At 31 March 2015

32,614

DEPRECIATION

At 1 April 2014

21,192

Charge for year

1,685

At 31 March 2015

22,877

NET BOOK VALUE

At 31 March 2015

9,737

At 31 March 2014

6,097

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

10