Abbreviated Company Accounts - OUTLINE PRESS (BOOK PUBLISHERS) LIMITED

OUTLINE PRESS (BOOK PUBLISHERS) LIMITED - Company Information

Registered Number 02262193

OUTLINE PRESS (BOOK PUBLISHERS) LIMITED

Abbreviated Accounts

30 June 2016

OUTLINE PRESS (BOOK PUBLISHERS) LIMITED Registered Number 02262193

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,387	5,849
		4,387	5,849
Current assets
Stocks		142,000	161,000
Debtors		41,587	67,399
Cash at bank and in hand		30,166	20,603
		213,753	249,002
Creditors: amounts falling due within one year		(103,526)	(94,686)
Net current assets (liabilities)		110,227	154,316
Total assets less current liabilities		114,614	160,165
Creditors: amounts falling due after more than one year		(256,384)	(272,882)
Total net assets (liabilities)		(141,770)	(112,717)
Capital and reserves
Called up share capital		100	100
Profit and loss account		(141,870)	(112,817)
Shareholders' funds		(141,770)	(112,717)

For the year ending 30 June 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 8 February 2017

And signed on their behalf by:
N A Osborne, Director

OUTLINE PRESS (BOOK PUBLISHERS) LIMITED Registered Number 02262193

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at ratesx calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:

Fixtures fittings 25% on reducing balance
Motor vehicles 25% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2015	69,903
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	69,903
Depreciation
At 1 July 2015	64,054
Charge for the year	1,462
On disposals	-
At 30 June 2016	65,516
Net book values
At 30 June 2016	4,387
At 30 June 2015	5,849