Registered Number 00920975

BRIAN LOWNDES PRINT LIMITED

Abbreviated Accounts

31 March 2016

BRIAN LOWNDES PRINT LIMITED Registered Number 00920975

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 456,378 454,128
Investments - -
456,378 454,128
Current assets
Stocks 28,716 29,873
Debtors 107,087 112,435
Investments - -
Cash at bank and in hand 1,141,717 1,105,899
1,277,520 1,248,207
Prepayments and accrued income - -
Creditors: amounts falling due within one year (76,128) (57,522)
Net current assets (liabilities) 1,201,392 1,190,685
Total assets less current liabilities 1,657,770 1,644,813
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities (16,550) (17,650)
Total net assets (liabilities) 1,641,220 1,627,163
Capital and reserves
Called up share capital 3 5,000 5,000
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 1,636,220 1,622,163
Shareholders' funds 1,641,220 1,627,163
  • For the year ending 31 March 2016 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 21 December 2016

And signed on their behalf by:
B Lowndes, Director

BRIAN LOWNDES PRINT LIMITED Registered Number 00920975

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at 25% in order to write off each asset over it's estimated useful life.

Other accounting policies
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.

2Tangible fixed assets
£
Cost
At 1 April 2015 1,500,196
Additions 22,209
Disposals -
Revaluations -
Transfers -
At 31 March 2016 1,522,405
Depreciation
At 1 April 2015 1,046,068
Charge for the year 19,959
On disposals -
At 31 March 2016 1,066,027
Net book values
At 31 March 2016 456,378
At 31 March 2015 454,128
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
5,000 Ordinary shares of £1 each 5,000 5,000