Graphic Arts Group Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 10388420 (England and Wales)

GRAPHIC ARTS GROUP LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C I Jenkin

Mr I Jenkin

Mrs J Jenkin

Mr J B Jenkin

Mrs K L Jenkin

Mrs L Jenkin

Mr R Jenkin

Mrs R M Jenkin

Mr S Jenkin

Mr T Jenkin

REGISTERED OFFICE:

Welcome House

Falkland Close

Coventry

West Midlands

CV4 8AU

REGISTERED NUMBER:

10388420 (England and Wales)

ACCOUNTANTS:

Oldfield Accountants

Santis House

Curriers Close

Coventry

West Midlands

CV4 8AW

FIXED ASSETS

Tangible assets

4

219,887

-

Investments

5

600,600

600,600

820,487

600,600

CURRENT ASSETS

Debtors

6

2,933

800

Cash at bank

14,193

-

17,126

800

CREDITORS

Amounts falling due within one year

7

226,220

-

NET CURRENT (LIABILITIES)/ASSETS

(209,094

)

800

TOTAL ASSETS LESS CURRENT LIABILITIES

611,393

601,400

CAPITAL AND RESERVES

Called up share capital

601,400

601,400

Retained earnings

9,993

-

SHAREHOLDERS' FUNDS

611,393

601,400

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 27 March 2018 and were signed on its behalf by:

Mr J B Jenkin - Director

1.	STATUTORY INFORMATION

Graphic Arts Group Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Freehold land is not depreciated.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2016 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

Additions

220,887

At 31 December 2017

220,887

DEPRECIATION

Charge for year

1,000

At 31 December 2017

1,000

NET BOOK VALUE

At 31 December 2017

219,887

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 January 2017

and 31 December 2017

600,600

NET BOOK VALUE

At 31 December 2017

600,600

At 31 December 2016

600,600

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

Graphic Arts (Coventry) Ltd - registered number: 08422858

Registered office: Welcome House, Falkland Close, Coventry, CV4 8AU

Nature of business: Printing

%

Class of shares:

holding

All share classes

100.00

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed by group undertakings

-

800

Other debtors

1,100

-

Prepayments and accrued income

1,833

-

2,933

800

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed to group undertakings

220,900

-

Tax

2,620

-

VAT

2,200

-

Accruals and deferred income

500

-

226,220

-

8.	RELATED PARTY DISCLOSURES

Included within debtors is a short term balance totalling £1,100 (2016: £nil) owed by the Rathgar

Pension Scheme, of which the trustees and members are directors and shareholders of Graphic Arts

Group Ltd. No interest will be charged on this balance.

Included within creditors are amounts owed to group undertakings of £220,900 (2016: Debtor of £800).

These represent amounts owed to Graphic Arts (Coventry) Ltd and have been made interest free.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.