Abbreviated Company Accounts - DESIGN X-PRESS LIMITED

Abbreviated Company Accounts - DESIGN X-PRESS LIMITED

DESIGN X-PRESS LIMITED - Company Information

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Registered Number 03739310

DESIGN X-PRESS LIMITED

Abbreviated Accounts

31 March 2016

DESIGN X-PRESS LIMITED Registered Number 03739310

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 190,519 202,988
190,519 202,988
Current assets
Stocks 26,532 27,199
Debtors 268,665 203,153
Cash at bank and in hand 45,712 15,113
340,909 245,465
Creditors: amounts falling due within one year (360,119) (297,377)
Net current assets (liabilities) (19,210) (51,912)
Total assets less current liabilities 171,309 151,076
Creditors: amounts falling due after more than one year (119,724) (105,389)
Provisions for liabilities (37,175) (38,968)
Total net assets (liabilities) 14,410 6,719
Capital and reserves
Called up share capital 10 10
Share premium account 6,110 6,110
Profit and loss account 8,290 599
Shareholders' funds 14,410 6,719
  • For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 11 July 2016

And signed on their behalf by:
Miss J Middlebrough, Director

DESIGN X-PRESS LIMITED Registered Number 03739310

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 April 2015 382,618
Additions 15,478
Disposals (39,722)
Revaluations -
Transfers -
At 31 March 2016 358,374
Depreciation
At 1 April 2015 179,630
Charge for the year 20,443
On disposals (32,218)
At 31 March 2016 167,855
Net book values
At 31 March 2016 190,519
At 31 March 2015 202,988