Colour Match Print Management Limited - Accounts to registrar - small 16.1.1
Colour Match Print Management Limited - Accounts to registrar - small 16.1.1
REGISTERED NUMBER: |
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: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
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 |
CURRENT ASSETS |
Stock |
Debtors: amounts falling due within one year | 5 |
Debtors: amounts falling due after more than one year |
5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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 |
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 by: |
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 |
Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
2. | ACCOUNTING POLICIES |
Going concern |
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 |
Plant and machinery | - |
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 |
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 |
Additions |
At 30 April 2016 |
DEPRECIATION |
At 1 May 2015 |
Charge for year |
At 30 April 2016 |
NET BOOK VALUE |
At 30 April 2016 |
At 30 April 2015 |
5. | DEBTORS |
30.4.16 | 30.4.15 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
Directors' current accounts | - | 7,857 |
Prepayments |
Amounts falling due after more than one year: |
Other debtors |
Aggregate amounts |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.16 | 30.4.15 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Corporation tax |
Social security and other taxes |
VAT | 16,556 | 47,470 |
Directors' current accounts | 7 | - |
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 |
Bank loans more 5 yr by instal |
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 |
£ | £ |
Balance outstanding at start of year | ( |
) |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year | ( |
) |
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. |
9 De Montfort Street |
Leicester |
Leicestershire |
LE1 7GE |