REGISTERED NUMBER: SC202062 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

Abbey Screen And Digital Print Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms M Hall

D Hall

REGISTERED OFFICE:

Unit 11

Longford Avenue

Kilwinning

Ayrshire

KA13 6EX

REGISTERED NUMBER:

SC202062 (Scotland)

ACCOUNTANTS:

G W Reid Associates

42a Prestwick Road

Ayr

Ayrshire

KA8 8LB

FIXED ASSETS

Tangible assets

3

37,800

44,400

CURRENT ASSETS

Debtors

4

1,375

735

Cash at bank

66,403

85,844

67,778

86,579

CREDITORS

Amounts falling due within one year

5

26,020

75,481

NET CURRENT ASSETS

41,758

11,098

TOTAL ASSETS LESS CURRENT LIABILITIES

79,558

55,498

CREDITORS

Amounts falling due after more than one year

6

-

9,515

NET ASSETS

79,558

45,983

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

79,058

45,483

SHAREHOLDERS' FUNDS

79,558

45,983

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 November 2017 and were signed on its behalf by:

Ms M Hall - Director

1.	STATUTORY INFORMATION

Abbey Screen And Digital Print Ltd is a private company, limited by shares , registered in Scotland. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2016

and 31 December 2016

109,411

5,194

114,605

DEPRECIATION

At 1 January 2016

69,411

794

70,205

Charge for year

6,000

600

6,600

At 31 December 2016

75,411

1,394

76,805

NET BOOK VALUE

At 31 December 2016

34,000

3,800

37,800

At 31 December 2015

40,000

4,400

44,400

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

1,375

735

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Other creditors

26,020

75,481

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.16

31.12.15

£

£

Hire purchase contracts

-

9,515