Vividink Stafford Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09349877 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 10 DECEMBER 2014 TO 28 FEBRUARY 2016

FOR

VIVIDINK STAFFORD LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr A B Gough

Mr L Gough

Mr J H Godfrey

REGISTERED OFFICE:

8 Lichfield Road

Stafford

Staffordshire

ST17 4JX

REGISTERED NUMBER:

09349877 (England and Wales)

ACCOUNTANTS:

Wright & Co Partnership Limited

Chartered Accountants

5 Walsall Street

Wednesbury

West Midlands

WS10 9BZ

FIXED ASSETS

Tangible assets

2

25,620

CURRENT ASSETS

Cash at bank

18,402

CREDITORS

Amounts falling due within one year

37,369

NET CURRENT LIABILITIES

(18,967

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,653

PROVISIONS FOR LIABILITIES

5,124

NET ASSETS

1,529

CAPITAL AND RESERVES

Called up share capital

3

5

Profit and loss account

1,524

SHAREHOLDERS' FUNDS

1,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2016 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 8 September 2016 and were signed on its behalf by:

Mr A B Gough - Director

Mr J H Godfrey - Director

Mr L Gough - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment, fixtures & fittings & computers

-

20% on cost

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

33,417

At 28 February 2016

33,417

DEPRECIATION

Charge for period

7,797

At 28 February 2016

7,797

NET BOOK VALUE

At 28 February 2016

25,620

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

4

Ordinary

£1

4

1

B Ordinary

£1

1

5

The following shares were allotted and fully paid for cash at par during the period:

4 Ordinary shares of £1 each

1 B Ordinary shares of £1 each

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During this period, dividends totalling £30,000 were paid to Mr J H Godfrey, a director.