For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06519224
Graphic Installs Limited
For the year ended 31 March 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Graphic Installs Limited
Accountants' Report
For the year ended 31 March 2016
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the
|
accounts of Graphic Installs Limited for the year ended
31
March
2016
which comprise the Profit and Loss
|
Account
,
the Balance Sheet and the related notes from the company
'
s accounting records and from information
|
and explanations you have given us
.
|
As a practising firm of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of Graphic Installs Limited
,
as a body
,
in accordance with the
|
terms of our engagement letter dated
.
Our work has been undertaken solely to prepare for your approval the
|
accounts of Graphic Installs Limited and state those matters that we have agreed to state to the Board of Directors
|
of Graphic Installs Limited
,
as a body
,
in this report in accordance with the requirements of the Association of
|
Chartered Certified Accountants and as detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the fullest extent
|
permitted by law
,
we do not accept or assume responsibility to anyone other than Graphic Installs Limited and its
|
Board of Directors as a body for our work or for this report
.
|
It is your duty to ensure that Graphic Installs Limited has kept adequate accounting records and to prepare
|
statutory accounts that give a true and fair view of the assets
,
liabilities
,
financial position and profit of Graphic
|
Installs Limited
.
You consider that Graphic Installs Limited is exempt from the statutory audit requirement for the
|
year
.
|
Higdon & Co
23 Robjohns Road
Widford Estate
Chelmsford
Essex
CM1 3AG
1 of 4
Notes to the Abbreviated Financial Statements
|
Graphic Installs Limited
For the year ended 31 March 2016
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
|
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:
|
Plant and Machinery
Computer Equipment
3,374
2,552
5,926
2,866
971
Charge for year
3,837
2,089
508
3 of 4
Notes to the Abbreviated Financial Statements
|
Graphic Installs Limited
For the year ended 31 March 2016
100
Class A shares of £
1
.
00
each
|
46
Class B shares of £
1
.
00
each
|
46
Class C shares of £
1
.
00
each
|
Allotted called up and fully paid
|
2016
2015
100
Class A shares of £
1
.
00
each
|
100
100
46
Class B shares of £
1
.
00
each
|
46
46
46
Class C shares of £
1
.
00
each
|
46
46
192
192
4 of 4