Pre Print Limited - Abbreviated accounts 16.1

Pre Print Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 01845608(England and Wales)










Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

PRE PRINT LIMITED

PRE PRINT LIMITED (REGISTERED NUMBER: 01845608)

Contents of the Abbreviated Accounts
for the Year Ended 31 March 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Accountants' Report 6

PRE PRINT LIMITED

Company Information
for the Year Ended 31 March 2016







DIRECTORS: V K Sirpal
Mrs S Sirpal
A K Sirpal



SECRETARY: Mrs S Sirpal



REGISTERED OFFICE: Unit 5 Park Rose Ind Est
Middlemore Road
Smethwick
West Midlands
B66 2DZ



REGISTERED NUMBER: 01845608(England and Wales)



ACCOUNTANTS: CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW



BANKERS: Barclays Bank Plc
313 High Street
West Bromwich
West Midlands

PRE PRINT LIMITED (REGISTERED NUMBER: 01845608)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 108,859 117,678

CURRENT ASSETS
Stocks 5,500 2,500
Debtors 139,685 103,005
Cash at bank 30,574 50,806
175,759 156,311
CREDITORS
Amounts falling due within one year 154,088 147,935
NET CURRENT ASSETS 21,671 8,376
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,530

126,054

CREDITORS
Amounts falling due after more than one
year

(80,000

)

(80,000

)

PROVISIONS FOR LIABILITIES (19,462 ) (20,943 )
NET ASSETS 31,068 25,111

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 30,968 25,011
SHAREHOLDERS' FUNDS 31,068 25,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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.

PRE PRINT LIMITED (REGISTERED NUMBER: 01845608)

Abbreviated Balance Sheet - continued
31 March 2016


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 18 October 2016and were signed on its behalf by:





V K Sirpal- Director


PRE PRINT LIMITED (REGISTERED NUMBER: 01845608)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2016


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 January 2015).

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

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 375,467
Additions 12,008
At 31 March 2016 387,475
DEPRECIATION
At 1 April 2015 257,789
Charge for year 20,827
At 31 March 2016 278,616
NET BOOK VALUE
At 31 March 2016 108,859
At 31 March 2015 117,678

PRE PRINT LIMITED (REGISTERED NUMBER: 01845608)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2016


3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
100 Ords £1 100 100

4. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Pre Print Limited


The following reproduces the text of the report prepared for the directors 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 Pre Print Limited for the year ended 31 March 2016 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Pre Print Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pre Print Limited and state those matters that we have agreed to state to the Board of Directors of Pre Print Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Pre Print 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 Pre Print Limited. You consider that Pre Print 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 Pre Print 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.






CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW


1 November 2016