Black & White Publishing Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC193062 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Black & White Publishing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C C Brown

Miss A M McBride

SECRETARY:

C C Brown

REGISTERED OFFICE:

29 Ocean Drive

Edinburgh

EH6 6JL

REGISTERED NUMBER:

SC193062 (Scotland)

ACCOUNTANTS:

Neil Nisbet & Co.

2nd Floor

Thain House

226 Queensferry Road

Edinburgh

EH4 2BP

FIXED ASSETS

Tangible assets

2

2,289

5,663

CURRENT ASSETS

Stocks

38,012

53,659

Debtors

100,702

110,905

Cash at bank

110,048

41,305

248,762

205,869

CREDITORS

Amounts falling due within one year

3

208,501

177,527

NET CURRENT ASSETS

40,261

28,342

TOTAL ASSETS LESS CURRENT
LIABILITIES

42,550

34,005

PROVISIONS FOR LIABILITIES

325

975

NET ASSETS

42,225

33,030

CAPITAL AND RESERVES

Called up share capital

4

101

Profit and loss account

42,124

32,929

SHAREHOLDERS' FUNDS

42,225

33,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 24 January 2017 and were signed on its behalf by:

C C Brown - Director

Miss A M McBride - 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 income from operating activities, 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 etc

-

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

36,521

DEPRECIATION

At 1 May 2015

30,858

Charge for year

3,374

At 30 April 2016

34,232

NET BOOK VALUE

At 30 April 2016

2,289

At 30 April 2015

5,663

3.

CREDITORS

Creditors include an amount of £ 13,223 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

65

'A' Ordinary

£1

65

1

'B' Ordinary

£1

1

35

'C' Ordinary

£1

35

101