Harrogate Business Print t/a KallKwik - Abbreviated accounts 16.3

REGISTERED NUMBER: 08943749 (England and Wales)

HARROGATE BUSINESS PRINT &

COMMUNICATIONS LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R D Peacock

Mrs D J Peacock

REGISTERED OFFICE:

Carrington House

88 - 96 Station Parade

Harrogate

North Yorkshire

HG1 1HQ

REGISTERED NUMBER:

08943749 (England and Wales)

ACCOUNTANTS:

DSC

Chartered Accountants

Tattersall House

East Parade

Harrogate

North Yorkshire

HG1 5LT

FIXED ASSETS

Tangible assets

2

7,994

12,078

CURRENT ASSETS

Stocks

8,166

3,700

Debtors

17,135

11,679

Cash at bank

6,808

8,152

32,109

23,531

CREDITORS

Amounts falling due within one year

42,163

12,343

NET CURRENT (LIABILITIES)/ASSETS

(10,054

)

11,188

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,060

)

23,266

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(2,160

)

23,166

SHAREHOLDERS' FUNDS

(2,060

)

23,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 21 December 2016 and were signed on its behalf
by:

R D Peacock - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Despite the the company's liabilities exceeding assets at the balance sheet date, the directors have confirmed their

support for the company and are of the opinion that the company is a going concern. The accounts are prepared

on the going concern basis.

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 and services, excluding value added tax.

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

-

33% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

16,163

DEPRECIATION

At 1 April 2015

4,085

Charge for year

4,084

At 31 March 2016

8,169

NET BOOK VALUE

At 31 March 2016

7,994

At 31 March 2015

12,078

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100