Company Registration No. 08962061 (England and Wales)
A D S Print Incorporated Ltd
Unaudited accounts
for the year ended 31 March 2017
A D S Print Incorporated Ltd
Unaudited accounts
Contents
A D S Print Incorporated Ltd
Company Information
for the year ended 31 March 2017
Company Number
08962061 (England and Wales)
Registered Office
THE CORNER HOUSE
23 MARKET STREET
CRAVEN ARMS
SHROPSHIRE
SY7 9NW
Accountants
S A Acc'y Ltd
The Corner House
23 Market Street
Craven Arms
Shropshire
SY7 9NW
A D S Print Incorporated Ltd
Statement of financial position
as at 31 March 2017
Tangible assets
6,562
7,686
Cash at bank and in hand
-
946
Creditors: amounts falling due within one year
(4,367)
(3,716)
Net current assets
1,822
2,085
Total assets less current liabilities
8,384
9,771
Creditors: amounts falling due after more than one year
(11,128)
(12,243)
Provisions for liabilities
Deferred tax
(1,313)
(1,538)
Net liabilities
(4,057)
(4,010)
Called up share capital
1
1
Profit and loss account
(4,058)
(4,011)
Shareholders' funds
(4,057)
(4,010)
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 15 December 2017.
A D Sherratt
Director
Company Registration No. 08962061
A D S Print Incorporated Ltd
Notes to the Accounts
for the year ended 31 March 2017
A D S Print Incorporated Ltd is a private company, limited by shares, registered in England and Wales, registration number 08962061. The registered office is THE CORNER HOUSE, 23 MARKET STREET, CRAVEN ARMS, SHROPSHIRE, SY7 9NW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum on cost
Computer equipment
25% per annum on cost
A D S Print Incorporated Ltd
Notes to the Accounts
for the year ended 31 March 2017
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2016
12,649
1,620
14,269
At 31 March 2017
15,906
1,620
17,526
At 1 April 2016
5,773
810
6,583
Charge for the year
3,976
405
4,381
At 31 March 2017
9,749
1,215
10,964
At 31 March 2017
6,157
405
6,562
At 31 March 2016
6,876
810
7,686
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
913
-
Taxes and social security
1,424
-
8
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
11,128
12,243
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
A D S Print Incorporated Ltd
Notes to the Accounts
for the year ended 31 March 2017
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).
