Avenue Litho Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08607361 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Avenue Litho Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

L Laidler

G Laidler

REGISTERED OFFICE:

1 Manor Court

6 Barnes Wallis Road

Segensworth

Fareham

Hampshire

PO15 5TH

REGISTERED NUMBER:

08607361 (England and Wales)

ACCOUNTANTS:

Roches Chartered Accountants

1 Manor Court

6 Barnes Wallis Road

Segensworth

Fareham

Hampshire

PO15 5TH

FIXED ASSETS

Tangible assets

2

11,601

8,840

CURRENT ASSETS

Debtors

83,467

91,132

Cash at bank and in hand

38,387

33,151

121,854

124,283

CREDITORS

Amounts falling due within one year

105,835

100,034

NET CURRENT ASSETS

16,019

24,249

TOTAL ASSETS LESS CURRENT
LIABILITIES

27,620

33,089

PROVISIONS FOR LIABILITIES

2,320

1,768

NET ASSETS

25,300

31,321

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

25,200

31,221

SHAREHOLDERS' FUNDS

25,300

31,321

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

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

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 20 October 2016 and were signed on its behalf by:

G Laidler - Director

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

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

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

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

10,099

Additions

4,907

At 31 July 2016

15,006

DEPRECIATION

At 1 August 2015

1,259

Charge for year

2,146

At 31 July 2016

3,405

NET BOOK VALUE

At 31 July 2016

11,601

At 31 July 2015

8,840

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

100

Ordinary

£1.00

100