Tri-Lithographics Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02332077 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 December 2013

for

TRI-LITHOGRAPHICS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M C C English

C P J Hudson

SECRETARY:

M C C English

REGISTERED OFFICE:

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

REGISTERED NUMBER:

02332077 (England and Wales)

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

FIXED ASSETS

Tangible assets

2

24,786

29,256

CURRENT ASSETS

Stocks

1,950

10,500

Debtors

17,679

29,064

Cash in hand

50

1,062

19,679

40,626

CREDITORS

Amounts falling due within one year

56,435

68,194

NET CURRENT LIABILITIES

(36,756

)

(27,568

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,970

)

1,688

CREDITORS

Amounts falling due after more than one year

-

690

NET (LIABILITIES)/ASSETS

(11,970

)

998

CAPITAL AND RESERVES

Called up share capital

3

900

900

Profit and loss account

(12,870

)

98

SHAREHOLDERS' FUNDS

(11,970

)

998

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 11 November 2014 and were signed on its behalf by:

M C C English - 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

-

15% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

15% 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 where transactions or events have occurred at that date that will result in an obligation to pay more, or

a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that

are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or

substantively enacted 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 January 2013

and 31 December 2013

146,064

DEPRECIATION

At 1 January 2013

116,808

Charge for year

4,470

At 31 December 2013

121,278

NET BOOK VALUE

At 31 December 2013

24,786

At 31 December 2012

29,256

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

900

Ordinary

£1

900

900

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2013 and

31 December 2012:

31.12.13

31.12.12

£

£

M C C English

Balance outstanding at start of year

3,851

-

Amounts repaid

(749

)

-

Balance outstanding at end of year

3,102

3,851

C P J Hudson

Balance outstanding at start of year

6,067

-

Amounts repaid

(902

)

-

Balance outstanding at end of year

5,165

6,067

The directors paid £388 interest on their overdrawn loan accounts @ 4% per annum.

5.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.