Company Registration No. 07010727 (England and Wales)
3LG Print Ltd
Annual report and unaudited accounts
for the year ended 31 December 2016
3LG Print Ltd
Annual report and unaudited accounts
Contents
3LG Print Ltd
Company Information
for the year ended 31 December 2016
Director
Mrs Helen Kennedy
Company Number
07010727 (England and Wales)
Registered Office
Unit 8 Gateway 4
Knowsley Business Park
Knowsley
Merseyside
L34 9EN
3LG Print Ltd
Statement of financial position
as at 31 December 2016
Tangible assets
23,421
23,696
Cash at bank and in hand
33,881
48,228
Creditors: amounts falling due within one year
(144,676)
(115,290)
Net current assets/(liabilities)
2,099
(306)
Called up share capital
1
1
Profit and loss account
25,519
23,389
Shareholders' funds
25,520
23,390
For the year ending 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 2 February 2017.
Mrs Helen Kennedy
Director
Company Registration No. 07010727
3LG Print Ltd
Statement of Changes in Equity
as at 31 December 2016
Share
capital
Profit
& loss
account
Total
At 1 January 2015
1
19,289
19,290
Profit for the year
4,100
4,100
At 31 December 2015
1
23,389
23,390
At 1 January 2016
1
23,389
23,390
Profit for the year
2,130
2,130
At 31 December 2016
1
25,519
25,520
3LG Print Ltd
Notes to the Accounts
for the year ended 31 December 2016
3LG Print Ltd is a private company, limited by shares, registered in England and Wales, registration number 07010727. The registered office and principal place of business is Unit 8 Gateway 4, Knowsley Business Park, Knowsley, Merseyside, L34 9EN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% - Redecing balance basis
3LG Print Ltd
Notes to the Accounts
for the year ended 31 December 2016
4
Tangible fixed assets
Plant & machinery
At 31 December 2016
23,421
At 31 December 2016
23,421
At 31 December 2015
23,696
Work in progress
4,000
1,250
Trade debtors
105,894
62,506
7
Creditors: amounts falling due within one year
2016
2015
Trade creditors
31,193
27,104
Other taxes and social security costs
8,320
7,136
Other creditors
63,631
39,026
Loans from directors
41,000
41,000
8
Average number of employees
During the year the average number of employees was 0 (2015: 0).
