REGISTERED NUMBER: 03245354 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

for

AB SCREENPRINT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

K Baker

G P Andre

E Baker

SECRETARY:

E Baker

REGISTERED OFFICE:

44 Jamaica St

LIVERPOOL

Merseyside

L1 0AF

REGISTERED NUMBER:

03245354 (England and Wales)

ACCOUNTANT:

Bowyers Limited

Chartered Certified Accountant

The Court, Alexandra Park

Prescot Rd

ST HELENS

Merseyside

WA10 3TP

FIXED ASSETS

Tangible assets

2

21,195

21,762

CURRENT ASSETS

Debtors

22,696

38,419

Cash at bank

72,720

49,307

95,416

87,726

CREDITORS

Amounts falling due within one year

3

51,101

46,844

NET CURRENT ASSETS

44,315

40,882

TOTAL ASSETS LESS CURRENT LIABILITIES

65,510

62,644

CREDITORS

Amounts falling due after more than one year

3

4,129

7,344

NET ASSETS

61,381

55,300

CAPITAL AND RESERVES

Called up share capital

4

4

4

Profit and loss account

61,377

55,296

SHAREHOLDERS' FUNDS

61,381

55,300

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 18 May 2017 and were signed on its behalf by:

K Baker - 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, except in

respect of service contracts where turnover is recognised when the company obtains the

right to consideration.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

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 September 2015

84,295

Additions

5,162

At 31 August 2016

89,457

DEPRECIATION

At 1 September 2015

62,533

Charge for year

5,729

At 31 August 2016

68,262

NET BOOK VALUE

At 31 August 2016

21,195

At 31 August 2015

21,762

3.

CREDITORS

Creditors include an amount of £ 7,344 (2015 - £ 10,559 ) for which security has been

given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

30

Ordinary A

10p

3

3

1

Ordinary B

£1

1

1

4

4