Lab Prints Limited - Abbreviated accounts

Registered number

08903561

Lab Prints Limited

Abbreviated Accounts for the year ended

29 February 2016

Lab Prints Limited
Registered number:		08903561
Abbreviated Balance Sheet
as at 29 February 2016

Notes			2016			2015
£				£
Current assets
Debtors		4,755			7,328
Cash at bank and in hand		541			1,945
		5,296			9,273

Creditors: amounts falling due within one year		(14,161)			(16,251)

Net current liabilities			(8,865)			(6,978)

Net liabilities			(8,865)			(6,978)

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			(8,965)			(7,078)

Shareholders' funds			(8,865)			(6,978)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



K P Georgiou
Director
Approved by the board on 22 November 2016

Lab Prints Limited
Notes to the Abbreviated Accounts
for the year ended 29 February 2016

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100