Registered Number
:
06519224
|
For the year ended 31 March 2020
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2020
Graphic Installs Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Graphic Installs Limited
Statement of Financial Position
2019
2020
Property
,
plant and equipment
|
1,857
2,299
2
1,857
2,299
Trade and other receivables
|
219,396
135,808
3
77,152
Cash and cash equivalents
|
70,185
205,993
296,548
Trade and other payables
:
amounts falling due within one
|
year
|
(163,413)
(106,493)
4
133,135
99,500
Net current assets
Total assets less current liabilities
|
101,357
135,434
(222)
(222)
Provisions for liabilities
|
101,135
Net assets
135,212
192
192
100,943
135,020
101,135
135,212
Shareholders' funds
For the year ended 31 March 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 16 December 2020 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2020
Graphic Installs Limited
Notes to the Financial Statements
Statutory Information
Graphic Installs Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
06519224
.
|
23 Robjohns Road
Widford Estate
Chelmsford
Essex
CM1 3AG
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
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
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2020
Graphic Installs Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
10,610
6,587
4,023
1,539
356
1,183
5,206
6,943
12,149
Provision for depreciation and impairment
|
8,311
4,990
3,321
Charge for year
1,981
909
1,072
10,292
5,899
4,393
813
1,044
1,857
702
1,597
2,299
3
.
Trade and other receivables
|
2019
2020
131,074
212,103
4,734
7,293
219,396
135,808
4
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
1,188
1,931
57,624
74,746
Taxation and social security
|
28,337
56,902
19,344
29,834
106,493
163,413
5
.
Average number of persons employed
|
During the year the average number of employees was 5 (2019 : 5)
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