5982967 2013-01-01 false true 2013-12-312013-12-31 5982967 2013-01-01 2013-12-31 5982967 2013-12-31 5982967 2012-12-31 5982967 c:FixturesFittingsToolsEquipment 2013-01-01 2013-12-31 5982967 d:OrdinaryShareClass1 2013-12-31 5982967 d:OrdinaryShareClass1 2012-12-31 5982967 d:OrdinaryShareClass1 2013-01-01 2013-12-31 5982967 d:OrdinaryShareClass2 2013-12-31 5982967 d:OrdinaryShareClass2 2012-12-31 5982967 d:OrdinaryShareClass2 2013-01-01 2013-12-31 5982967 d:OrdinaryShareClass3 2013-12-31 5982967 d:OrdinaryShareClass3 2012-12-31 5982967 d:OrdinaryShareClass3 2013-01-01 2013-12-31 5982967 d:Director1 2013-01-01 2013-12-31 5982967 d:Director2 2013-01-01 2013-12-31 5982967 c:OfficeEquipment 2013-01-01 2013-12-31 5982967 c:PlantMachinery 2013-01-01 2013-12-31 xbrli:shares iso4217:GBP

Registered number: 5982967









THE NEW INK PRINTING COMPANY LIMITED








ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013


 
THE NEW INK PRINTING COMPANY LIMITED
REGISTERED NUMBER: 5982967

ABBREVIATED BALANCE SHEET
AS AT 31 DECEMBER 2013

2013
2012
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
135,729
151,662
 
CURRENT ASSETS





 
Debtors
127,829
92,464

 
Cash in hand

197
60







 
128,026
92,524
 
CREDITORS: amounts falling due within one year
(190,011)
(164,036)
 
NET CURRENT LIABILITIES


(61,985)

(71,512)
 
TOTAL ASSETS LESS CURRENT LIABILITIES
73,744
80,150
 
CREDITORS: amounts falling due after more than one year
(6,072)

(13,359)

NET ASSETS




 67,672


 66,791
  
CAPITAL AND RESERVES

 
Called up share capital
3
120
120
 
Profit and loss account
67,552
66,671
 
SHAREHOLDERS' FUNDS
 

 67,672

 66,791


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 December 2013 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 25 April 2014.


S Morfield
A Ballam
Director
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1



 
THE NEW INK PRINTING COMPANY LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013


1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive 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 fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & machinery
-
10% reducing balance
Fixtures & fittings
-
25% reducing balance
Office equipment
-
25% reducing balance


2.TANGIBLE FIXED ASSETS



£


Cost 



At 1 January 2013 and 31 December 2013

277,417



Depreciation


At 1 January 2013
125,755

Charge for the year
15,933


At 31 December 2013

141,688




Net book value


At 31 December 2013
 135,729


At 31 December 2012

 151,662

Page 2



 
THE NEW INK PRINTING COMPANY LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2013


3.SHARE CAPITAL

        2013
        2012
        £

        £

Allotted, called up and fully paid



100 Ordinary A shares of £1 each
100
100
10 Ordinary B non-voting shares of £1 each
10
10
10 Ordinary C non-voting shares of £1 each
10
10

 120

 120

Page 3