Abbreviated Company Accounts - BIG SKY PRINT LTD.

BIG SKY PRINT LTD. - Company Information

SC126066 BIG SKY PRINT LTD. 2016-06-30 false 2015-07-01 2016-06-30 true SC126066 2015-07-01 2016-06-30 SC126066 2016-06-30 SC126066 2015-06-30 SC126066 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 SC126066 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number SC126066

BIG SKY PRINT LTD.

Abbreviated Accounts

30 June 2016

BIG SKY PRINT LTD. Registered Number SC126066

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	10,800	13,500
Tangible assets	3	64,338	75,797
		75,138	89,297
Current assets
Stocks		2,000	2,000
Debtors		4,114	11,595
Cash at bank and in hand		48,311	43,975
		54,425	57,570
Creditors: amounts falling due within one year		(23,621)	(21,342)
Net current assets (liabilities)		30,804	36,228
Total assets less current liabilities		105,942	125,525
Provisions for liabilities		(5,482)	(7,315)
Total net assets (liabilities)		100,460	118,210
Capital and reserves
Called up share capital	4	10,800	10,800
Share premium account		32,400	32,400
Profit and loss account		57,260	75,010
Shareholders' funds		100,460	118,210

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 14 February 2017

And signed on their behalf by:
C Le Feurve, Director
H Anstruther, Director

BIG SKY PRINT LTD. Registered Number SC126066

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 the amounts chargeable in respect of the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:-
Plant and machinery 15% reducing balance
Fixtures and fittings 15% reducing balance
Computers and electronic equipment 33% reducing balance

Intangible assets amortisation policy
Amortisation is provided on intangible fixed assets so as to write off their value over their useful economic life as follows
Good will 10% of cost per annum

2Intangible fixed assets

	£
Cost
At 1 July 2015	27,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	27,000
Amortisation
At 1 July 2015	13,500
Charge for the year	2,700
On disposals	-
At 30 June 2016	16,200
Net book values
At 30 June 2016	10,800
At 30 June 2015	13,500

3Tangible fixed assets

	£
Cost
At 1 July 2015	473,895
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	473,895
Depreciation
At 1 July 2015	398,098
Charge for the year	11,459
On disposals	-
At 30 June 2016	409,557
Net book values
At 30 June 2016	64,338
At 30 June 2015	75,797

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10,800 Ordinary shares of £1 each	10,800	10,800