5982967 2012-01-01 false true 2012-12-312012-12-31 5982967 2012-01-01 2012-12-31 5982967 2012-12-31 5982967 2011-12-31 5982967 c:FixturesFittingsToolsEquipment 2012-01-01 2012-12-31 5982967 d:OrdinaryShareClass1 2012-12-31 5982967 d:OrdinaryShareClass1 2011-12-31 5982967 d:OrdinaryShareClass1 2012-01-01 2012-12-31 5982967 d:OrdinaryShareClass2 2012-12-31 5982967 d:OrdinaryShareClass2 2011-12-31 5982967 d:OrdinaryShareClass2 2012-01-01 2012-12-31 5982967 d:OrdinaryShareClass3 2012-12-31 5982967 d:OrdinaryShareClass3 2011-12-31 5982967 d:OrdinaryShareClass3 2012-01-01 2012-12-31 5982967 d:Director1 2012-01-01 2012-12-31 5982967 d:Director2 2012-01-01 2012-12-31 5982967 c:OfficeEquipment 2012-01-01 2012-12-31 5982967 c:PlantMachinery 2012-01-01 2012-12-31 xbrli:shares iso4217:GBP

Registered number: 5982967









THE NEW INK PRINTING COMPANY LIMITED








ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2012



 

THE NEW INK PRINTING COMPANY LIMITED
REGISTERED NUMBER: 5982967

ABBREVIATED BALANCE SHEET
AS AT 31 DECEMBER 2012


2012
2011


Note
£
£
£
£
 
FIXED ASSETS






 
Tangible assets
 
2

151,662

146,642
 
CURRENT ASSETS





 
Debtors
92,464

107,522

 
Cash in hand

60

22







 
92,524

107,544

 
CREDITORS: amounts falling due within one year
(164,034)

(190,571)

 
NET CURRENT LIABILITIES


(71,510)

(83,027)
 
TOTAL ASSETS LESS CURRENT LIABILITIES
80,152

63,615
 
CREDITORS: amounts falling due after more than one year

(13,359)

-

NET ASSETS




 66,793


 63,615
  
CAPITAL AND RESERVES





 
Called up share capital
3

120

120
 
Profit and loss account

66,673

63,495
 
SHAREHOLDERS' FUNDS
 


 66,793


 63,615


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 2012 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 15 April 2013.


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 2012


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 2012
254,407

Additions
23,010


At 31 December 2012

277,417




Depreciation



At 1 January 2012
107,765

Charge for the year
17,990


At 31 December 2012

125,755




Net book value



At 31 December 2012
 151,662


At 31 December 2011

 146,642

Page 2




 

THE NEW INK PRINTING COMPANY LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2012


3.SHARE CAPITAL




        2012
        2011



        £

        £



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


4.CONTROLLING PARTY

The company was controlled throughout the current and previous period by its directors, A Ballam and S Morfield, by virtue of the fact that between them they own all of the company's ordinary issued share capital.

Page 3