Colour Match Print Management Limited - Accounts to registrar - small 16.1.1

Colour Match Print Management Limited - Accounts to registrar - small 16.1.1


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REGISTERED NUMBER: 03737602 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2016

for

Colour Match Print Management Limited

Colour Match Print Management Limited (Registered number: 03737602)






Contents of the Financial Statements
for the Year Ended 30 April 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Colour Match Print Management Limited

Company Information
for the Year Ended 30 April 2016







DIRECTORS: D J Ball
J Ball





SECRETARY: D H Ball





REGISTERED OFFICE: 9 De Montfort Street
Leicester
Leicestershire
LE1 7GE





REGISTERED NUMBER: 03737602 (England and Wales)





ACCOUNTANTS: M Cubed Chartered Accountants
9 De Montfort Street
Leicester
Leicestershire
LE1 7GE

Colour Match Print Management Limited (Registered number: 03737602)

Balance Sheet
30 April 2016

30.4.16 30.4.15
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,631 6,881

CURRENT ASSETS
Stock 11,803 13,100
Debtors: amounts falling due within one year 5 249,369 198,063
Debtors: amounts falling due after more than
one year

5

1,964

1,964
Cash at bank 21 1,528
263,157 214,655
CREDITORS
Amounts falling due within one year 6 (370,232 ) (347,076 )
NET CURRENT LIABILITIES (107,075 ) (132,421 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(100,444

)

(125,540

)

CREDITORS
Amounts falling due after more than one
year

7

(20,142

)

(22,994

)
NET LIABILITIES (120,586 ) (148,534 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (120,786 ) (148,734 )
SHAREHOLDERS' FUNDS (120,586 ) (148,534 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Colour Match Print Management Limited (Registered number: 03737602)

Balance Sheet - continued
30 April 2016


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.


The financial statements were approved by the Board of Directors on 21 September 2016 and were signed on its behalf
by:





D J Ball - Director


Colour Match Print Management Limited (Registered number: 03737602)

Notes to the Financial Statements
for the Year Ended 30 April 2016

1. STATUTORY INFORMATION

Colour Match Print Management Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Going concern
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company meets its day to day working capital requirements through the support of the Directors and
overdraft facilities provided by the bank. On this basis, the directors consider it appropriate to prepare the
financial statements on the going-concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

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

Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

Colour Match Print Management Limited (Registered number: 03737602)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2016

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2015 35,079
Additions 1,699
At 30 April 2016 36,778
DEPRECIATION
At 1 May 2015 28,198
Charge for year 1,949
At 30 April 2016 30,147
NET BOOK VALUE
At 30 April 2016 6,631
At 30 April 2015 6,881

5. DEBTORS
30.4.16 30.4.15
£    £   
Amounts falling due within one year:
Trade debtors 248,444 189,460
Directors' current accounts - 7,857
Prepayments 925 746
249,369 198,063

Amounts falling due after more than one year:
Other debtors 1,964 1,964

Aggregate amounts 251,333 200,027

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.16 30.4.15
£    £   
Bank loans and overdrafts 224,541 149,317
Trade creditors 118,471 132,809
Corporation tax 9,056 16,188
Social security and other taxes 1,601 1,292
VAT 16,556 47,470
Directors' current accounts 7 -
370,232 347,076

Colour Match Print Management Limited (Registered number: 03737602)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2016

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.16 30.4.15
£    £   
Bank loans - 2-5 years 12,671 12,671
Bank loans more 5 yr by instal 7,471 10,323
20,142 22,994

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,471 10,323

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.16 30.4.15
£    £   
Close Invoice Finance Limited 212,391 146,704

Close Invoice Finance Limited have a debenture over the receivables of the Company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2016 and
30 April 2015:

30.4.16 30.4.15
£    £   
D J Ball
Balance outstanding at start of year 7,857 (29,806 )
Amounts advanced 26,026 81,201
Amounts repaid (33,890 ) (43,538 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7 ) 7,857

10. RELATED PARTY DISCLOSURES

Thomas Ball

Son of the directors


During the year the company made purchases of £1,575 (2015 - £550).

30.4.16 30.4.15
£    £   
Amount due to related party at the balance sheet date 12,410 15,180

Colour Match Print Management Limited (Registered number: 03737602)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2016

11. ULTIMATE CONTROLLING PARTY

The company is controlled by the shareholders in their issued share capital percentages with no ultimate
controlling party.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Colour Match Print Management Limited

The following reproduces the text of the report prepared for the directors and members in respect of the
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other
primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Colour Match Print Management Limited for the year ended 30 April 2016 which comprise the
Income statement, 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 Board of Directors of Colour Match Print Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Colour Match Print Management Limited and state those matters that we have agreed to state to the Board of Directors of Colour Match Print Management Limited, as a body, 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 Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Colour Match Print Management 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 Colour Match Print Management Limited. You consider that Colour Match Print Management 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 Colour Match Print Management 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.






M Cubed Chartered Accountants
9 De Montfort Street
Leicester
Leicestershire
LE1 7GE


21 September 2016