Distinctive Publishing Limited - Abbreviated accounts 16.1

Distinctive Publishing Limited - Abbreviated accounts 16.1


05548166 1.12.14 30.11.15 30.11.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 'A' 1.00000 Ordinary 'B' 1.00000 Ordinary 'C' 1.00000 Ordinary 'D' 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure055481662014-11-30055481662015-11-30055481662014-12-012015-11-30055481662013-11-30055481662013-12-012014-11-30055481662014-11-3005548166ns12:England2014-12-012015-11-3005548166ns14:PoundSterling2014-12-012015-11-3005548166ns7:Director12014-12-012015-11-3005548166ns7:Director22014-12-012015-11-3005548166ns7:OrdinaryShareClass22014-12-012015-11-3005548166ns7:OrdinaryShareClass32014-12-012015-11-3005548166ns7:OrdinaryShareClass42014-12-012015-11-3005548166ns7:OrdinaryShareClass52014-12-012015-11-3005548166ns7:Director32014-12-012015-11-3005548166ns7:Director42014-12-012015-11-3005548166ns7:CompanySecretary2014-12-012015-11-3005548166ns7:RegisteredOffice2014-12-012015-11-3005548166ns7:EntityAccountantsOrAuditors2014-12-012015-11-3005548166ns5:DevelopmentCosts2014-12-012015-11-3005548166ns5:PlantMachinery2014-12-012015-11-3005548166ns5:FixedAssetInvestmentsOtherThanLoans2015-11-3005548166ns5:FixedAssetInvestmentsOtherThanLoans2014-11-3005548166ns7:OrdinaryShareClass22015-11-3005548166ns7:OrdinaryShareClass22014-11-3005548166ns7:OrdinaryShareClass32015-11-3005548166ns7:OrdinaryShareClass32014-11-3005548166ns7:OrdinaryShareClass42015-11-3005548166ns7:OrdinaryShareClass42014-11-3005548166ns7:OrdinaryShareClass52015-11-3005548166ns7:OrdinaryShareClass52014-11-3005548166ns7:Director12014-11-3005548166ns7:Director12013-11-3005548166ns7:Director12013-12-012014-11-3005548166ns7:Director12015-11-3005548166ns7:Director12014-11-3005548166ns7:AllEntityOfficers2014-12-012015-11-30
REGISTERED NUMBER: 05548166 (England and Wales)












Abbreviated Unaudited Accounts

for the Year Ended 30 November 2015

for

Distinctive Publishing Limited

Distinctive Publishing Limited (Registered number: 05548166)






Contents of the Abbreviated Accounts
for the Year Ended 30 November 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Distinctive Publishing Limited

Company Information
for the Year Ended 30 November 2015







DIRECTORS: Mr J R Graham
Mr B J Miller
Mr A G White
Mr J L Neilson





SECRETARY: Mr B J Miller





REGISTERED OFFICE: 6b Milburn House
Dean Street
Newcastle upon Tyne
Tyne and Wear
NE1 1LE





REGISTERED NUMBER: 05548166 (England and Wales)





ACCOUNTANTS: RHK Business Advisers LLP
Chartered Accountants
and Business Advisers
Coburg House
1 Coburg Street
Gateshead
Tyne & Wear
NE8 1NS

Distinctive Publishing Limited (Registered number: 05548166)

Abbreviated Balance Sheet
30 November 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 139,077 105,897
Tangible assets 3 18,889 21,900
Investments 4 20 20
157,986 127,817

CURRENT ASSETS
Debtors 182,685 234,124
Cash at bank and in hand 2 11,229
182,687 245,353
CREDITORS
Amounts falling due within one year 5 182,542 268,824
NET CURRENT ASSETS/(LIABILITIES) 145 (23,471 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,131

104,346

PROVISIONS FOR LIABILITIES 3,570 4,103
NET ASSETS 154,561 100,243

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Profit and loss account 153,561 99,243
SHAREHOLDERS' FUNDS 154,561 100,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 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 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 Board of Directors on 30 June 2016 and were signed on its behalf by:




Mr J R Graham - Director



Mr J L Neilson - Director


Distinctive Publishing Limited (Registered number: 05548166)

Notes to the Abbreviated Accounts
for the Year Ended 30 November 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).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as
a small company.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax. Turnover is recognised once a
contractual order has been received.

Research and development
Expenditure on research and development is written off in the year in which it is incurred, except for
expenditure on related assets, which are disclosed in these financial statements as intangible assets, and
written off over the expected useful life of those assets, being 4 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 25% on reducing balance

Deferred tax
The charge for taxation takes into account taxation deferred as a result of timing differences between the
treatment of certain items for taxation and accounting purposes. In general, deferred tax is recognised in
respect of all timing differences that have originated but not reversed at the balance sheet date. However,
deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the
timing differences are expected to reverse, based on tax rates and laws enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

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.

Grant income
Revenue based grants are credited to the profit and loss account in the period in which the revenue
expenditure to which they relate is charged. Capital based grants are credited to the profit and loss account
over the useful life of the asset.

Financial instruments
Financial instruments are classified and accounted for according to the substance of the contractual
arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract
that evidences a residual interest in the assets of the company, after deducting all liabilities.

Investments
Fixed asset investments are included in the company's balance sheet at cost less any amounts written off for
permanent diminution in value.

Distinctive Publishing Limited (Registered number: 05548166)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 November 2015

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2014 105,897
Additions 59,654
At 30 November 2015 165,551
AMORTISATION
Amortisation for year 26,474
At 30 November 2015 26,474
NET BOOK VALUE

At 30 November 2015 139,077
At 30 November 2014 105,897

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2014 95,641
Additions 3,863
Disposals (3,170 )
At 30 November 2015 96,334
DEPRECIATION
At 1 December 2014 73,741
Charge for year 6,053
Eliminated on disposal (2,349 )
At 30 November 2015 77,445
NET BOOK VALUE
At 30 November 2015 18,889
At 30 November 2014 21,900

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 December 2014
and 30 November 2015 20
NET BOOK VALUE
At 30 November 2015 20
At 30 November 2014 20

5. CREDITORS

Creditors include an amount of £ 83,487 (2014 - £ 113,930 ) for which security has been given.

Distinctive Publishing Limited (Registered number: 05548166)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 November 2015

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
300 Ordinary 'A' £1 300 300
300 Ordinary 'B' £1 300 300
300 Ordinary 'C' £1 300 300
70 Ordinary 'D' £1 70 70
30 Ordinary 'E' £1 30 30
1,000 1,000

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2015 and
30 November 2014:

2015 2014
£    £   
Mr J R Graham
Balance outstanding at start of year - -
Amounts advanced 553 -
Amounts repaid - -
Balance outstanding at end of year 553 -

The above loan was made at arm's length, interest free and is repayable on demand.