Pomprint Designs Ltd - Abbreviated accounts 16.3
Pomprint Designs Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31 August 2016 |
| for |
| Pomprint Designs Ltd |
| Pomprint Designs Ltd (Registered number: SC251773) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 August 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Report of the Accountants | 5 |
| Pomprint Designs Ltd |
| Company Information |
| for the Year Ended 31 August 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Pomprint Designs Ltd (Registered number: SC251773) |
| Abbreviated Balance Sheet |
| 31 August 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on |
| Pomprint Designs Ltd (Registered number: SC251773) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 August 2016 |
| 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 net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is |
| recognised when the company obtains the right to consideration. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a |
| finance lease, over the lease term, whichever is the shorter. |
| Plant and machinery - 20% on reducing balance |
| Fixtures and fittings - 20% on reducing balance |
| Computer equipment - 25% on reducing balance |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| 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 September 2015 |
| and 31 August 2016 |
| DEPRECIATION |
| At 1 September 2015 |
| Charge for year |
| At 31 August 2016 |
| NET BOOK VALUE |
| At 31 August 2016 |
| At 31 August 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | 1 |
| Pomprint Designs Ltd (Registered number: SC251773) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 August 2016 |
| 3. | CALLED UP SHARE CAPITAL - continued |
| The authorised share capital of the 1,250 ordinary shares is divided as follows: |
| Class of shares: Number: |
| "A" Ordinary 500 |
| "B" Non-Voting 250 |
| "C" Non-Voting 250 |
| "D" Non-Voting 250 |
| The company's issued share capital comprises 60 "A" ordinary shares of £1 each and 4 "D" Non-Voting shares of £1 each. |
| All the Non-Voting shares shall not carry any right, or be entitled to receive notice of, or attend, or vote at any General Meeting of the |
| company, or any meeting in respect of a resolution regarding the winding up of the company, but in all other aspects the ordinary shares |
| and the non-voting shares shall rank pari passu. |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 August 2016 and 31 August 2015: |
| 2016 | 2015 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year |
| Pomprint Designs Ltd |
| Report of the Accountants to the Directors of |
| Pomprint Designs Ltd |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial |
| statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2016 set out on pages nil to nil and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 8 February 2017 |