The Label & Print Co Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05021689 (England and Wales)

Abbreviated unaudited accounts for the year ended 31st March 2014

For

The Label & Print Co Limited

Previously known as

The Print Co (Leeds) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D K Tovey

R M Whiteley

SECRETARY:

D K Tovey

REGISTERED OFFICE:

4 The Idas Industrial Estate Pontefract

Stourton

Leeds

West Yorkshire

LS10 1SP

REGISTERED NUMBER:

05021689 (England and Wales)

ACCOUNTANTS:

BCT Accountants Ltd

Beechley

Minskip Road

Boroughbridge

YO51 9HY

FIXED ASSETS

Tangible assets

2

2,706

3,609

CURRENT ASSETS

Stocks

-

450

Debtors

43,440

49,306

Cash at bank and in hand

12,190

15,022

55,630

64,778

CREDITORS

Amounts falling due within one year

36,174

34,679

NET CURRENT ASSETS

19,456

30,099

TOTAL ASSETS LESS CURRENT LIABILITIES

22,162

33,708

PROVISIONS FOR LIABILITIES

549

549

NET ASSETS

21,613

33,159

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

21,611

33,157

SHAREHOLDERS' FUNDS

21,613

33,159

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 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 7th November 2014 and were signed on its behalf by:

D K Tovey - Director

R M Whiteley - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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 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.

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 1st April 2013

and 31st March 2014

5,910

DEPRECIATION

At 1st April 2013

2,301

Charge for year

903

At 31st March 2014

3,204

NET BOOK VALUE

At 31st March 2014

2,706

At 31st March 2013

3,609

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

2

Ordinary

£1

2

2