Impact Displays (UK) Limited - Limited company - abbreviated - 11.6

Impact Displays (UK) Limited - Limited company - abbreviated - 11.6

IMPACT DISPLAYS (UK) LIMITED - Company Information

Print Friendly Version

06855627 1.4.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068556272014-03-31068556272015-03-31068556272014-04-012015-03-31068556272013-03-31068556272013-04-012014-03-31068556272014-03-3106855627ns12:England2014-04-012015-03-3106855627ns14:PoundSterling2014-04-012015-03-3106855627ns7:Director12014-04-012015-03-3106855627ns7:OrdinaryShareClass12014-04-012015-03-3106855627ns7:RegisteredOffice2014-04-012015-03-3106855627ns7:EntityAccountantsOrAuditors2014-04-012015-03-3106855627ns5:PlantMachinery2014-04-012015-03-3106855627ns7:OrdinaryShareClass12015-03-3106855627ns7:OrdinaryShareClass12014-03-31
REGISTERED NUMBER: 06855627 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Impact Displays (UK) Limited

Impact Displays (UK) Limited (Registered number: 06855627)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Certified Accountants' Report 6

Impact Displays (UK) Limited

Company Information
for the Year Ended 31 March 2015







DIRECTOR: D W Longhorne





REGISTERED OFFICE: 118 Moor Hall Drive
Sutton Coldfield
West Midlands
B75 6LS





REGISTERED NUMBER: 06855627 (England and Wales)





ACCOUNTANTS: Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ
Page 1
Impact Displays (UK) Limited (Registered number: 06855627)

Abbreviated Balance Sheet
31 March 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 126,433 158,041
Tangible assets 3 321 416
126,754 158,457

CURRENT ASSETS
Stocks 3,750 5,400
Debtors 71,159 56,138
Cash at bank 93,657 116,054
168,566 177,592
CREDITORS
Amounts falling due within one year 102,771 172,578
NET CURRENT ASSETS 65,795 5,014
TOTAL ASSETS LESS CURRENT
LIABILITIES
192,549
163,471

PROVISIONS FOR LIABILITIES 64 83
NET ASSETS 192,485 163,388

CAPITAL AND RESERVES
Called up share capital 4 200 200
Profit and loss account 192,285 163,188
SHAREHOLDERS' FUNDS 192,485 163,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 notes form part of these abbreviated accounts

Page 2 continued...
Impact Displays (UK) Limited (Registered number: 06855627)

Abbreviated Balance Sheet - continued
31 March 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 3 July 2015 and were signed by:





D W Longhorne - Director


The notes form part of these abbreviated accounts

Page 3
Impact Displays (UK) Limited (Registered number: 06855627)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

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 etc - 33% on cost and 20% on cost

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

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 the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 316,082
AMORTISATION
At 1 April 2014 158,041
Amortisation for year 31,608
At 31 March 2015 189,649
NET BOOK VALUE

At 31 March 2015 126,433
At 31 March 2014 158,041

Page 4 continued...
Impact Displays (UK) Limited (Registered number: 06855627)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 2,214
Additions 479
At 31 March 2015 2,693
DEPRECIATION
At 1 April 2014 1,798
Charge for year 574
At 31 March 2015 2,372
NET BOOK VALUE
At 31 March 2015 321
At 31 March 2014 416

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.15 31.3.14
value: £    £   
200 Ordinary £1 200 200

Page 5
Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Impact Displays (UK) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Impact Displays (UK) Limited for the year ended 31 March 2015 which comprise the Profit and
Loss Account, the Balance Sheet, 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://rulebook.accaglobal.com.

This report is made solely to the director of Impact Displays (UK) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Impact Displays (UK) Limited and state those matters that we have agreed to state to the director of Impact Displays (UK) 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 Impact Displays (UK) 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 Impact Displays (UK) Limited. You consider that Impact Displays (UK) 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 Impact Displays (UK)
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.






Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ


3 July 2015

This page does not form part of the abbreviated accounts

Page 6