A & S SCREEN PRINTING LTD - Limited company - abbreviated

REGISTERED NUMBER: 06829821 (England and Wales)

A & S SCREEN PRINTING LTD

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A M Walsh

Mrs S Walsh

B McCullough

Mrs D A McCullough

SECRETARY:

Mrs D A McCullough

REGISTERED OFFICE:

Unit 4B

Dewsbury Mills

Thornhill Road

Dewsbury

West Yorkshire

WF12 9QE

REGISTERED NUMBER:

06829821 (England and Wales)

ACCOUNTANTS:

HAIGH HUDSON

Chartered Certified Accountants

New Connexion House

2 Marsh Lane

Shepley

HUDDERSFIELD

West Yorkshire

HD8 8AE

FIXED ASSETS

Tangible assets

2

5,670

7,162

CURRENT ASSETS

Stocks

2,195

Debtors

23,467

30,395

Cash at bank

485

3,443

26,147

36,033

CREDITORS

Amounts falling due within one year

31,112

35,185

NET CURRENT (LIABILITIES)/ASSETS

(4,965

)

848

TOTAL ASSETS LESS CURRENT
LIABILITIES

705

8,010

CAPITAL AND RESERVES

Called up share capital

3

300

Profit and loss account

405

7,710

SHAREHOLDERS' FUNDS

705

8,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 11 June 2014 and were signed on its behalf by:

A M Walsh - Director

B McCullough - 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

-

20% on reducing balance

Fixtures and Fittings

-

25% on reducing balance

Computer Equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 March 2013

and 28 February 2014

15,897

DEPRECIATION

At 1 March 2013

8,735

Charge for year

1,492

At 28 February 2014

10,227

NET BOOK VALUE

At 28 February 2014

5,670

At 28 February 2013

7,162

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

A Ordinary Shares

1

100

B Ordinary Shares

1

100

C Ordinary Shares

1

100

300