Mitchells Printing Ltd - Limited company - abbreviated

REGISTERED NUMBER: 00996639 (England and Wales)

Abbreviated Accounts

for the Year Ended 31st December 2013

for

Mitchells Printing Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J W Hepner

P J Scott

SECRETARY:

P J Scott

REGISTERED OFFICE:

Walton Hall

Pattenden Lane

Marden

Kent

TN12 9QS

REGISTERED NUMBER:

00996639 (England and Wales)

ACCOUNTANTS:

Buffery & Co Ltd

25 Hart Street

Henley On Thames

Oxfordshire

RG9 2AR

FIXED ASSETS

Tangible assets

2

7,412

9,884

CURRENT ASSETS

Stocks

500

Debtors

93,436

92,061

Cash at bank

109,716

128,683

203,652

221,244

CREDITORS

Amounts falling due within one year

3

29,537

49,119

NET CURRENT ASSETS

174,115

172,125

TOTAL ASSETS LESS CURRENT
LIABILITIES

181,527

182,009

CAPITAL AND RESERVES

Called up share capital

4

5,000

Share premium

3,250

Profit and loss account

173,277

173,759

SHAREHOLDERS' FUNDS

181,527

182,009

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2013 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 27th May 2014 and were signed on its behalf by:

P J Scott - 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

items.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet

date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company contributes to defined pension contribution schemes and contributions are charged to the profit and loss

account in the period in which they relate

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2013

20,872

Disposals

(302

)

At 31st December 2013

20,570

DEPRECIATION

At 1st January 2013

10,988

Charge for year

2,472

Eliminated on disposal

(302

)

At 31st December 2013

13,158

NET BOOK VALUE

At 31st December 2013

7,412

At 31st December 2012

9,884

3.

CREDITORS

Creditors include an amount of £ 0 (31.12.12 - £ 20,822 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

17,000

Ordinary

25p

4,250

750

Preference

£1

750

5,000