Brighter Graphics Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04132496 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

BRIGHTER GRAPHICS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Wilcox

SECRETARY:

S J Wilcox

REGISTERED OFFICE:

12 Beckett Way

East Grinstead

West Sussex

RH19 4SF

REGISTERED NUMBER:

04132496 (England and Wales)

ACCOUNTANTS:

Tesciuba Limited

Chartered Accountants and Chartered Tax Advisers

The Chambers

13 Police Street

Manchester

M2 7LQ

The following reproduces the text of the report prepared for the director in

respect of the company's annual unaudited financial statements, from which the

unaudited abbreviated accounts (set out on pages two to four) have been

prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we

have prepared for your approval the financial statements of Brighter Graphics

Limited for the year ended 31 December 2015 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting

records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Brighter Graphics Limited in accordance with the terms of our engagement letter dated 3 December 2012. Our work has been undertaken solely to prepare for your approval the financial statements of Brighter Graphics Limited and state those matters that we have agreed to state to the director of Brighter Graphics Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Brighter Graphics Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brighter Graphics Limited. You consider that Brighter Graphics Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brighter Graphics Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Tesciuba Limited

Chartered Accountants and Chartered Tax Advisers

The Chambers

13 Police Street

Manchester

M2 7LQ

8 June 2016

FIXED ASSETS

Tangible assets

2

4,451

3,250

CURRENT ASSETS

Debtors

51,610

33,675

Cash at bank

80,206

99,116

131,816

132,791

CREDITORS

Amounts falling due within one year

(101,081

)

(82,210

)

NET CURRENT ASSETS

30,735

50,581

TOTAL ASSETS LESS CURRENT LIABILITIES

35,186

53,831

PROVISIONS FOR LIABILITIES

(890

)

(650

)

NET ASSETS

34,296

53,181

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

34,196

53,081

SHAREHOLDERS' FUNDS

34,296

53,181

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 31 May 2016 and were signed by:

C Wilcox - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax,

except in respect of service contracts where turnover is recognised when

the company obtains the right to consideration.

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

-

33% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have

originated but not reversed at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling

at the rates of exchange ruling at the balance sheet date. Transactions in

foreign currencies are translated into sterling at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into

account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a voluntary defined contribution pension scheme in

respect of its staff and the director. Contributions payable to the scheme

are charged to the profit and loss account in the period to which they

relate. The assets of the scheme are held separately from those of the

company in an independently administered fund.

Government grants

Government grants are recognised only when there is reasonable assurance

that the entity will comply with any conditions attached to the grant and

the grant will be received.

The grants are recognised as income over the period necessary to match them

with the related costs, for which they are intended to compensate, on a

systematic basis.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

11,766

Additions

2,843

At 31 December 2015

14,609

DEPRECIATION

At 1 January 2015

8,516

Charge for year

1,642

At 31 December 2015

10,158

NET BOOK VALUE

At 31 December 2015

4,451

At 31 December 2014

3,250

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

1

100

100

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr C Wilcox who holds 51% of the issued

ordinary share capital.