McBride Graphic Design Limited - Limited company - abbreviated

REGISTERED NUMBER: 04564740 (England and Wales)

MCBRIDE GRAPHIC DESIGN LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

D F McBride

J F McBride

SECRETARY:

J F McBride

REGISTERED OFFICE:

2 Ravens Road

Shoreham by Sea

WestSussex

BN43 5AJ

REGISTERED NUMBER:

04564740 (England and Wales)

ACCOUNTANTS:

Clark Brownscombe Limited

8 The Drive

Hove

East Sussex

BN3 3JT

FIXED ASSETS

Tangible assets

2

1,333

1,778

CURRENT ASSETS

Debtors

3,137

2,054

Cash at bank

4,027

2,455

7,164

4,509

CREDITORS

Amounts falling due within one year

7,605

6,348

NET CURRENT LIABILITIES

(441

)

(1,839

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

892

(61

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

792

(161

)

SHAREHOLDERS' FUNDS

892

(61

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2014 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 15th December 2014 and were signed on its behalf
by:

J F McBride - 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 April 2008).

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 etc

-

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st November 2013

and 31st October 2014

8,420

DEPRECIATION

At 1st November 2013

6,642

Charge for year

445

At 31st October 2014

7,087

NET BOOK VALUE

At 31st October 2014

1,333

At 31st October 2013

1,778

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2

Ordinary

£1

100

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 three)

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 McBride Graphic Design Limited for the year ended 31st October 2014 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 McBride Graphic Design 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

McBride Graphic Design Limited and state those matters that we have agreed to state to the Board of Directors of

McBride Graphic Design 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 McBride Graphic Design 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

McBride Graphic Design Limited. You consider that McBride Graphic Design 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 McBride Graphic Design

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.