Registered Number
:
02254163
|
For the year ended 31 May 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2018
Douglas Printers Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Douglas Printers Ltd
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
2,973
3,638
2
2,973
3,638
4,771
4,771
3
Trade and other receivables
|
42,514
31,135
4
17,845
Cash and cash equivalents
|
2,833
38,739
65,130
Trade and other payables
:
amounts falling due within one year
|
(50,248)
(37,237)
5
14,882
1,502
Net current assets
Total assets less current liabilities
|
4,475
18,520
(1,515)
(1,515)
Provisions for liabilities
|
2,960
Net assets
17,005
1,000
1,000
14,003
14,003
(12,043)
2,002
2,960
17,005
Shareholders' funds
For the year ended 31 May 2018 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 May 2018 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 23 January 2019 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 May 2018
Douglas Printers Ltd
Notes to the Financial Statements
Statutory Information
Douglas Printers Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
02254163
.
|
Woodhouse Drive
Wigan
Lancashire
WN6 7NT
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:
|
Land and buildings
Plant and machinery
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
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 May 2018
Douglas Printers Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
242,001
21,341
206,099
14,561
14,561
206,099
21,341
242,001
Provision for depreciation and impairment
|
238,363
21,341
205,322
11,700
Charge for year
665
-
215
450
239,028
21,341
205,537
12,150
2,411
562
-
2,973
2,861
777
-
3,638
2017
2018
4,771
4,771
4
.
Trade and other receivables
|
2017
2018
29,409
40,337
1,726
2,177
42,514
31,135
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
16,480
16,587
Taxation and social security
|
1,306
3,881
19,451
29,780
37,237
50,248
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