Zettlex Printed Technologies Ltd - Limited company - abbreviated

REGISTERED NUMBER: 05808400 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 May 2015

for

Zettlex Printed Technologies Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr M A Howard

Dr D Kreit

SECRETARY:

Mr M A Howard

REGISTERED OFFICE:

Newton Court

Town Street

Newton

Cambridge

Cambridgeshire

CB22 7PE

REGISTERED NUMBER:

05808400 (England and Wales)

ACCOUNTANTS:

Giess Wallis Crisp LLP

10-12 Mulberry Green

Old Harlow

Essex

CM17 0ET

FIXED ASSETS

Tangible assets

2

1,072

1,433

CURRENT ASSETS

Debtors

70,000

94,936

Cash at bank

11,959

2,150

81,959

97,086

CREDITORS

Amounts falling due within one year

2,100

9,100

NET CURRENT ASSETS

79,859

87,986

TOTAL ASSETS LESS CURRENT
LIABILITIES

80,931

89,419

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

80,929

89,417

SHAREHOLDERS' FUNDS

80,931

89,419

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 18 December 2015 and were signed on its behalf
by:

Mr M A Howard - Director

Dr D Kreit - 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

17,194

DEPRECIATION

At 1 June 2014

15,761

Charge for year

361

At 31 May 2015

16,122

NET BOOK VALUE

At 31 May 2015

1,072

At 31 May 2014

1,433

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

Zettlex Printed Technologies Ltd - Limited company - abbreviated - 11.9

Zettlex Printed Technologies Ltd - Limited company - abbreviated - 11.9