Abbreviated Company Accounts - PRINTALICIOUS LIMITED

PRINTALICIOUS LIMITED - Company Information

05378360 PRINTALICIOUS LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05378360 2013-04-01 2014-03-31 05378360 2014-03-31 05378360 2013-03-31 05378360 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05378360 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05378360

PRINTALICIOUS LIMITED

Abbreviated Accounts

31 March 2014

PRINTALICIOUS LIMITED Registered Number 05378360

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	47,942	43,914
		47,942	43,914
Current assets
Debtors		164,777	325,893
Cash at bank and in hand		116,650	81,766
		281,427	407,659
Creditors: amounts falling due within one year		(232,768)	(269,590)
Net current assets (liabilities)		48,659	138,069
Total assets less current liabilities		96,601	181,983
Creditors: amounts falling due after more than one year		(7,686)	-
Total net assets (liabilities)		88,915	181,983
Capital and reserves
Called up share capital	3	4	2
Profit and loss account		88,911	181,981
Shareholders' funds		88,915	181,983

For the year ending 31 March 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 December 2014

And signed on their behalf by:
Mr M Yeats, Director

PRINTALICIOUS LIMITED Registered Number 05378360

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 April 2008).

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 falling within the company's ordinary activities.

Tangible assets depreciation policy
Land and buildings - 25% Reducing balance
Plant and machinery - 25% Reducing balance
Motor vehicles - 25% Reducing balance

Other accounting policies
Leasing and hire purchase commitments :
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

2Tangible fixed assets

	£
Cost
At 1 April 2013	135,915
Additions	20,010
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	155,925
Depreciation
At 1 April 2013	92,001
Charge for the year	15,982
On disposals	-
At 31 March 2014	107,983
Net book values
At 31 March 2014	47,942
At 31 March 2013	43,914

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
4 Ordinary shares of £1 each (2 shares for 2013)	4	2