The Catholic Printing Company Limited - Accounts to registrar (filleted) - small 17.3
The Catholic Printing Company Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2017 |
for |
The Catholic Printing Company of |
Farnworth Limited |
The Catholic Printing Company of |
Farnworth Limited (Registered number: 00163567) |
Contents of the Financial Statements |
for the Year Ended 30 April 2017 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Chartered Certified Accountants' Report | 5 |
The Catholic Printing Company of |
Farnworth Limited |
Company Information |
for the Year Ended 30 April 2017 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Grosvenor House |
45 The Downs |
Altrincham |
Cheshire |
WA14 2QG |
The Catholic Printing Company of |
Farnworth Limited (Registered number: 00163567) |
Statement of Financial Position |
30 April 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
CURRENT ASSETS |
Inventories |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
The Catholic Printing Company of |
Farnworth Limited (Registered number: 00163567) |
Notes to the Financial Statements |
for the Year Ended 30 April 2017 |
1. | STATUTORY INFORMATION |
The Catholic Printing Company of Farnworth Limited is a |
England and Wales. The company's registered number and registered office address can be found on the |
Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
slow moving items. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
substantively enacted by the statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws |
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal |
of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
The Catholic Printing Company of |
Farnworth Limited (Registered number: 00163567) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2017 |
4. | PROPERTY, PLANT AND EQUIPMENT |
Plant and |
machinery |
etc |
£ |
COST |
At 1 May 2016 |
Additions |
At 30 April 2017 |
DEPRECIATION |
At 1 May 2016 |
Charge for year |
At 30 April 2017 |
NET BOOK VALUE |
At 30 April 2017 |
At 30 April 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2017 | 2016 |
£ | £ |
Hire purchase contracts |
8. | RELATED PARTY DISCLOSURES |
During the year, the company paid management charges of £6,000 (2016:£48,000) to Jarvis Print Limited. Loans |
had been advanced to Jarvis Print Limited of £14,328 in the period to August 2016. At the balance sheet date, |
£14,828 was owed by Jarvis Print Limited. In September 2016, Jarvis Print Limited went in to liquidation with no |
prospect of a return on the monies owed. The amount outstanding has therefore been written off in the financial |
statements (2016 £72,877). |
Chartered Certified Accountants' Report to the Director |
on the Unaudited Financial Statements of |
The Catholic Printing Company of |
Farnworth Limited |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary |
statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of The Catholic Printing Company of Farnworth Limited for the year ended 30 April 2017 which |
comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting |
records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the director of The Catholic Printing Company of Farnworth Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Catholic Printing Company of Farnworth Limited and state those matters that we have agreed to state to the director of The Catholic Printing Company of Farnworth Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
It is your duty to ensure that The Catholic Printing Company of Farnworth Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Catholic Printing Company of Farnworth Limited. You consider that The Catholic Printing Company of Farnworth Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of The Catholic Printing Company of Farnworth Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Grosvenor House |
45 The Downs |
Altrincham |
Cheshire |
WA14 2QG |