RETRO_PRESS_LIMITED - Accounts

RETRO PRESS LIMITED - Company Information

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Company Registration No. 08140826 (England and Wales)

RETRO PRESS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

RETRO PRESS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

RETRO PRESS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

2,234

1,992

Current assets

Stocks

1,000

1,500

Cash at bank and in hand

831

633

1,831

2,133

Creditors: amounts falling due within one year

(15,381)

(9,078)

Net current liabilities

(13,550)

(6,945)

Total assets less current liabilities

(11,316)

(4,953)

Capital and reserves

Called up share capital

Profit and loss account

(11,318)

(4,955)

Shareholders' funds

(11,316)

(4,953)

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 15 September 2016

Miss K Clift

Director

Company Registration No. 08140826

RETRO PRESS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services providedprovided

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% Reducing balance

Fixed assets

Tangible assets

Cost

At 1 January 2015

2,755

Additions

577

At 31 December 2015

3,332

Depreciation

At 1 January 2015

763

Charge for the year

335

At 31 December 2015

1,098

Net book value

At 31 December 2015

2,234

At 31 December 2014

1,992

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary shares of £1 each