Abbreviated Company Accounts - BLUEPRINT STUDIOS LIMITED

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year
and derives from the provision of goods and services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset
over its expected useful life, as follows:
Land and buildings, freehold property - Straight line over 50 years
Land and buildings, freehold improvements - 25% reducing balance
Equipment - 25% reducing balance
Fixtures and fittings - 25% reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Controlling interest
The ultimate controlling party comprises of The Trustees of the D R Stewart Trust by virtue of The
Trust's majority shareholding.

Going concern
At the reporting date, the liabilities of the company exceeded the assets by £571,138. The accounts have been prepared on a going concern basis on the assumption that the support of the company by its creditors and directors will continue for the forseeable future.