Heritage World Press Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06965943 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

HERITAGE WORLD PRESS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTORS:

S M Byrne

Mrs E K Byrne

REGISTERED OFFICE:

337 Bath Road

Slough

Berkshire

SL1 5PR

REGISTERED NUMBER:

06965943 (England and Wales)

ACCOUNTANTS:

Masons

337 Bath Road

Slough

Berkshire

SL1 5PR

FIXED ASSETS

Intangible assets

2

-

101,946

Tangible assets

3

63

102,009

CURRENT ASSETS

Debtors

19,866

-

Cash at bank

1,509

1,096

21,375

1,096

CREDITORS

Amounts falling due within one year

4

5,915

13,176

NET CURRENT ASSETS/(LIABILITIES)

15,460

(12,080

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,523

89,929

CREDITORS

Amounts falling due after more than one
year

193,312

176,327

NET LIABILITIES

(177,789

)

(86,398

)

CAPITAL AND RESERVES

Called up share capital

5

8

Profit and loss account

(177,797

)

(86,406

)

SHAREHOLDERS' FUNDS

(177,789

)

(86,398

)

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 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 27 September 2016 and were signed on
its behalf by:

S M Byrne - 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.

Research and development

Development costs are capitalised and amortised over the useful economic life of 10 year.

Research costs are charged to the profit and loss account in the year they are incurred.

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

-

Straight line over 3 years

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

148,396

Disposals

(148,396

)

At 31 December 2015

-

AMORTISATION

At 1 January 2015

46,450

Amortisation for year

14,840

Eliminated on disposal

(61,290

)

At 31 December 2015

-

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

101,946

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

11,868

Disposals

(3,600

)

At 31 December 2015

8,268

DEPRECIATION

At 1 January 2015

11,805

Eliminated on disposal

(3,600

)

At 31 December 2015

8,205

NET BOOK VALUE

At 31 December 2015

63

At 31 December 2014

63

4.

CREDITORS

Creditors include an amount of £ 0 (31.12.14 - £ 2,925 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

800

Ordinary

1p

8

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to five) 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 Heritage World Press 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Heritage World Press 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 Heritage World Press Limited and state those matters that we have agreed to state to the Board of Directors of Heritage World Press Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. 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 Heritage World Press 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 loss of Heritage World Press Limited. You consider that Heritage World Press 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 Heritage World Press 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.

Masons

337 Bath Road

Slough

Berkshire

SL1 5PR

27 September 2016