Abbreviated Company Accounts - PRINTALICIOUS LIMITED

PRINTALICIOUS LIMITED - Company Information

05378360 PRINTALICIOUS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 05378360 2014-04-01 2015-03-31 05378360 2015-03-31 05378360 2014-03-31 05378360 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 05378360 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 05378360

PRINTALICIOUS LIMITED

Abbreviated Accounts

31 March 2015

PRINTALICIOUS LIMITED Registered Number 05378360

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	37,033	47,942
		37,033	47,942
Current assets
Debtors		248,927	164,777
Cash at bank and in hand		71,957	116,650
		320,884	281,427
Creditors: amounts falling due within one year		(282,986)	(232,768)
Net current assets (liabilities)		37,898	48,659
Total assets less current liabilities		74,931	96,601
Creditors: amounts falling due after more than one year		(591)	(7,686)
Total net assets (liabilities)		74,340	88,915
Capital and reserves
Called up share capital	3	4	4
Profit and loss account		74,336	88,911
Shareholders' funds		74,340	88,915

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 December 2015

And signed on their behalf by:
Mr M Yeats, Director

PRINTALICIOUS LIMITED Registered Number 05378360

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year
and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Land and buildings - 25% Reducing balance
Plant and machinery - 25% Reducing balance
Motor vehicles - 25% Reducing balance

Other accounting policies
Leasing and hire purchase commitments :
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

2Tangible fixed assets

	£
Cost
At 1 April 2014	155,925
Additions	1,435
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	157,360
Depreciation
At 1 April 2014	107,983
Charge for the year	12,344
On disposals	-
At 31 March 2015	120,327
Net book values
At 31 March 2015	37,033
At 31 March 2014	47,942

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4