For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06144231
CA Typesetting Limited
For the year ended 31 March 2016
1
Balance Sheet
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Notes to the Abbreviated Financial Statements
Notes to the Abbreviated Financial Statements
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CA Typesetting Limited
For the year ended 31 March 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Turnover comprises the invoiced value of book and journal typesetting, excluding Value Added Tax. Turnover is recognised upon completion of each contract, with those ongoing over the year end treated in accordance with the accounting policy set out below under the heading "stock".
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Deferred tax is provided in full on timing differences that result in an obligation to pay more (or less) tax at a future date. Deferred tax is calculated at the average rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The resulting deferred tax asset or liability is not discounted.
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Dividends paid in the year are on Ordinary shares of £1 each.
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
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Fixtures and Fittings
Income on work in progress contracts is recognised by reference to the valuation of time spent on each contract, at the year end. Profit on work in progress contracts is recognised when the outcome of the contracts can be assessed with reasonable certainty, and is that amount which is estimated to fairly reflect the profit arising up to the year end. Profit on work in progress contracts is reflected in the profit and loss account as the difference between the reported turnover, and the related costs.
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Notes to the Abbreviated Financial Statements
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CA Typesetting Limited
For the year ended 31 March 2016
5,972
5,972
4,781
298
Charge for year
5,079
893
1,191
100
Ordinary shares of £
1
.
00
each
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Allotted called up and fully paid
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2016
2015
100
Ordinary shares of £
1
.
00
each
|
100
100
100
100
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