VFR Graphics Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09357642 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

16 DECEMBER 2014 TO 30 SEPTEMBER 2015

FOR

VFR GRAPHICS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D J Henry

J J Henry

A D Henry

A M Henry

R J Henry

REGISTERED OFFICE:

Unit 3B Seven Stars Industrial Estate

Quinns Close

Coventry

West Midlands

CV3 4LH

REGISTERED NUMBER:

09357642 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Intangible assets

2

55,333

CURRENT ASSETS

Stocks

4,000

Debtors

3,739

Cash at bank

36,537

44,276

CREDITORS

Amounts falling due within one year

127,051

NET CURRENT LIABILITIES

(82,775

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,442

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(27,443

)

SHAREHOLDERS' FUNDS

(27,442

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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 10 May 2016 and were signed on its behalf by:

A D Henry - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on a going concern basis, which is dependent upon the continued

support of the holding company, Ventree Limited, the principal creditor of the company.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of three years.

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

83,000

At 30 September 2015

83,000

AMORTISATION

Amortisation for period

27,667

At 30 September 2015

27,667

NET BOOK VALUE

At 30 September 2015

55,333

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.