Textureprint Limited - Accounts to registrar (filleted) - small 18.2

Textureprint Limited - Accounts to registrar (filleted) - small 18.2

TEXTUREPRINT LIMITED - Company Information

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REGISTERED NUMBER: 06745890 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

Textureprint Limited
Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ








Textureprint Limited (Registered number: 06745890)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Textureprint Limited

Company Information
for the Year Ended 31 March 2018







DIRECTOR: Mr S Lloyd





REGISTERED OFFICE: Albert House
6 Cloister Way
Ellesmere Port
Cheshire
CH65 4EL





REGISTERED NUMBER: 06745890 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ
Page 1
Textureprint Limited (Registered number: 06745890)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,022 21,676

CURRENT ASSETS
Stocks 37,818 -
Debtors 5 903,488 852,921
Cash at bank 174,541 321,390
1,115,847 1,174,311
CREDITORS
Amounts falling due within one year 6 68,966 71,231
NET CURRENT ASSETS 1,046,881 1,103,080
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,063,903
1,124,756

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,063,803 1,124,656
SHAREHOLDERS' FUNDS 1,063,903 1,124,756

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

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.

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 director on 14 December 2018 and were signed by:





Mr S Lloyd - Director


The notes form part of these financial statements

Page 2
Textureprint Limited (Registered number: 06745890)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

Textureprint Limited 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.

Turnover
Turnover 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 2 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2017 80,964
Additions 1,020
At 31 March 2018 81,984
DEPRECIATION
At 1 April 2017 59,288
Charge for year 5,674
At 31 March 2018 64,962
NET BOOK VALUE
At 31 March 2018 17,022
At 31 March 2017 21,676

Page 3 continued...
Textureprint Limited (Registered number: 06745890)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 65,344 14,037
Other debtors 837,917 838,312
Prepayments and accrued income 227 572
903,488 852,921

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 37,492 2,748
Tax 10,804 31,882
Social security and other taxes 854 805
VAT 200 22,742
Accrued expenses 19,616 13,054
68,966 71,231

7. ULTIMATE CONTROLLING PARTY

The company is under the control of the shareholder, Mr S Lloyd.

8. RELATED PARTY DISCLOSURES

Mr G Lloyd, the father of Mr S Lloyd, a director and shareholder in the company, is a director and shareholder
of L&R Roadlines Limited. During the year the company made sales of £80,617 (2017 - £175,757) to L&R
Roadlines Limited. At the year end a balance of £9,600 (2017 - £6,300) was due from L&R Roadlines Limited.

Mr S Lloyd is also a director and shareholder of Hitex Traffic Safety Limited. During the year the company
made purchases of £81,844 (2017 - £74,476) from Hitex Traffic Safety Limited. A rental charge of £4,500 (2017
- £9,000) was also invoiced to Hitex Traffic Safety Limited during the year. At the year end a net balance of
£380,977 (2017 - £410,102) was due from Hitex Traffic Safety Limited.

Mr S Lloyd is also a director and Shareholder of Texprint Surfacing Limited. At the year end a balance of
£379,236 (2017 - £379,236 ) was due from Texprint Surfacing Limited.

Mr S Lloyd is also a director and Shareholder of Somerford Equipment Limited. During the year the company
made purchases of £3,828 from Somerford Equipment Limited (2017 - £2,908). At the year end a balance of
£45,555 (2017 - £49,275) was due from Somerford Equipment Limited.

Page 4