Your Printing Solutions Ltd Small abridged accounts
Your Printing Solutions Ltd Small abridged accounts
Statement of Consent to Prepare Abridged Financial Statements |
COMPANY REGISTRATION NUMBER:
07306663
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Abridged Financial Statements |
Period from 1 February 2017 to 31 July 2017
Contents |
Page |
Abridged statement of financial position |
1 |
Notes to the abridged financial statements |
3 |
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Abridged Statement of Financial Position |
31 Jul 17 |
31 Jan 17 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Share premium account |
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Profit and loss account |
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the period in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
27 February 2018
, and are signed on behalf of the board by:
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Director |
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Company registration number:
07306663
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Notes to the Abridged Financial Statements |
Period from 1 February 2017 to 31 July 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sterling House, Mandarin Court, Centre Park, Warrington, WA1 1GG.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings |
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Motor Vehicles |
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Equipment |
- |
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Impairment of fixed assets
Stocks
Financial instruments
4.
Tangible assets
£ |
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Cost |
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At 1 February 2017 |
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Additions |
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At 31 July 2017 |
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Depreciation |
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At 1 February 2017 |
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Charge for the period |
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-------- |
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At 31 July 2017 |
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-------- |
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Carrying amount |
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At 31 July 2017 |
16,950 |
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At 31 January 2017 |
3,572 |
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5.
Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
31 Jul 17 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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– |
(
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(
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------- |
---- |
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31 Jan 17 |
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Balance brought forward |
Advances/ (credits) to the director |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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– |
(
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------- |
---- |
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6.
Related party transactions