A&N Print Ltd

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		64,472		64,031

			64,472		64,031
CURRENT ASSETS
Stocks		3,000		3,000
Debtors	3	58,623		56,633
Cash at bank and in hand		441		2,236

		62,064		61,869
Creditors: Amounts Falling Due Within One Year		(108,277 )		(124,262 )

NET CURRENT ASSETS (LIABILITIES)			(46,213 )		(62,393 )

TOTAL ASSETS LESS CURRENT LIABILITIES			18,259		1,638

NET ASSETS			18,259		1,638

CAPITAL AND RESERVES
Called up share capital	4		2		2
Profit and Loss Account			18,256		1,636

SHAREHOLDERS' FUNDS			18,258		1,638

A&N Print Ltd

Company No. 06699046

Abbreviated Balance Sheet (continued) 30 September 2016

For the year ending 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Albert Pooley

20/05/2017

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

20% Reducing Balance

1.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

1.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Page 2

A&N Print Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 30 September 2016

2. Tangible Assets


	Total
Cost	£
As at 1 October 2015	121,587
Additions	16,558

As at 30 September 2016	138,145

Depreciation
As at 1 October 2015	57,556
Provided during the period	16,117

As at 30 September 2016	73,673

Net Book Value
As at 30 September 2016	64,472

As at 1 October 2015	64,031

3. Debtors

Debtors include an amount of £ 58,623 (2015 - £ 56,633 ) falling due after more than one year.

4. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	2	2	2

5. Transactions With and Loans to Directors

Dividends paid to directors

	2016	2015
	£	£
Mr Albert Pooley	14,325	14,000
Mrs Nina Pooley	14,325	14,000

6. Ultimate Controlling Party

The company's ultimate controlling party is Mr A and Mrs N Pooley by virtue of their ownership of 100% of the issued share capital in the company.