Abbreviated Company Accounts

05760026 GRAFIK LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 05760026 2015-01-01 2015-12-31 05760026 2015-12-31 05760026 2014-12-31 05760026 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 05760026 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 05760026

GRAFIK LIMITED

Abbreviated Accounts

31 December 2015

GRAFIK LIMITED Registered Number 05760026

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	37,207	15,095
		37,207	15,095
Current assets
Stocks		10,000	33,000
Debtors		125,455	85,114
Cash at bank and in hand		2,536	-
		137,991	118,114
Creditors: amounts falling due within one year		(80,509)	(106,376)
Net current assets (liabilities)		57,482	11,738
Total assets less current liabilities		94,689	26,833
Total net assets (liabilities)		94,689	26,833
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		94,589	26,733
Shareholders' funds		94,689	26,833

For the year ending 31 December 2015 the company was entitled to exemption 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 directors acknowledge their 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.

Approved by the Board on 26 June 2016

And signed on their behalf by:
L CORBETT, Director

GRAFIK LIMITED Registered Number 05760026

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of services, excluding value added tax

Tangible assets depreciation policy
Depreciation is provided to write off the assets over their estimated useful lives

Other accounting policies
1

2Tangible fixed assets

	£
Cost
At 1 January 2015	29,438
Additions	34,515
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	63,953
Depreciation
At 1 January 2015	14,343
Charge for the year	12,403
On disposals	-
At 31 December 2015	26,746
Net book values
At 31 December 2015	37,207
At 31 December 2014	15,095

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 A Ordinary shares of £1 each	100	100