Abbreviated Company Accounts - A B PRINT GROUP LIMITED

00972580 A B PRINT GROUP LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 00972580 2013-04-01 2014-03-31 00972580 2014-03-31 00972580 2013-03-31 00972580 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 00972580 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-03-31 uk-gaap-cd-bus:PreferenceShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:PreferenceShareClass1 2014-03-31 uk-gaap-cd-bus:PreferenceShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 00972580

A B PRINT GROUP LIMITED

Abbreviated Accounts

31 March 2014

A B PRINT GROUP LIMITED Registered Number 00972580

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	52,500	60,000
Tangible assets	3	1,506,922	1,566,997
Investments	4	20,100	20,100
		1,579,522	1,647,097
Current assets
Stocks		114,529	76,973
Debtors		1,138,370	1,100,456
Cash at bank and in hand		91,964	70,415
		1,344,863	1,247,844
Creditors: amounts falling due within one year	5	(1,084,102)	(1,112,909)
Net current assets (liabilities)		260,761	134,935
Total assets less current liabilities		1,840,283	1,782,032
Creditors: amounts falling due after more than one year	5	(100,547)	(74,068)
Provisions for liabilities		(60,000)	(40,050)
Total net assets (liabilities)		1,679,736	1,667,914
Capital and reserves
Called up share capital	6	547,850	547,850
Share premium account		508,960	508,960
Profit and loss account		622,926	611,104
Shareholders' funds		1,679,736	1,667,914

For the year ending 31 March 2014 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 3 July 2014

And signed on their behalf by:
Alan Williamson, Director

A B PRINT GROUP LIMITED Registered Number 00972580

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Long leasehold buildings - 2% straight line
Plant and machinery - 12.5%/25% straight line
Fixtures, fittings & equipment - 20%/25% straight line
Motor vehicles - 25% straight line

Intangible assets amortisation policy
Acquired goodwill is written off in equal instalments over its estimated useful economic life.

Other accounting policies
Investments - fixed asset investments are stated at cost less provision for diminution in value.

2Intangible fixed assets

	£
Cost
At 1 April 2013	75,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	75,000
Amortisation
At 1 April 2013	15,000
Charge for the year	7,500
On disposals	-
At 31 March 2014	22,500
Net book values
At 31 March 2014	52,500
At 31 March 2013	60,000

3Tangible fixed assets

	£
Cost
At 1 April 2013	2,989,896
Additions	150,062
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	3,139,958
Depreciation
At 1 April 2013	1,422,899
Charge for the year	210,137
On disposals	-
At 31 March 2014	1,633,036
Net book values
At 31 March 2014	1,506,922
At 31 March 2013	1,566,997

4Fixed assets Investments
Cost at 1 April 2013 and 31 March 2014 - £706941
Value written down at 1 April 2013 and 31 March 2014 - £686841
Value at 1 April 2013 and 31 March 2014 - £20100

The company holds more than 20% of the share capital of the following companies:
Subsidiary undertaking Country of incorporation Shares class Shares held
Wellan Studios (Printers) Ltd England and Wales Ordinary 100%
RW Reprographics Ltd England and Wales Ordinary 100%

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Principal Activity Capital and reserves 2014 Profit 2014
Wellan Studios (Printers) Ltd Dormant £20,000 £nil
RW Reprographics Ltd Dormant £ 100 £nil

The last relevant financial years were both 31 March 2014.

5Creditors

	2014 £	2013 £
Secured Debts	248,405	170,224

6Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
7,840 Ordinary shares of £1 each	7,840	7,840
10 A Ordinary shares of £1 each	10	10
540,000 Redeemable Preference shares of £1 each	540,000	540,000