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REGISTERED NUMBER: 03572308 (England and Wales)













ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

ARTSIGN LIMITED

ARTSIGN LIMITED (REGISTERED NUMBER: 03572308)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

ARTSIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2016







DIRECTOR: N Spencer





REGISTERED OFFICE: 76A Tickhill Road
Balby
Doncaster
South Yorkshire
DN4 8QG





REGISTERED NUMBER: 03572308 (England and Wales)





ACCOUNTANTS: D & J Randles
Chartered Accountants
203 Askern Road
Bentley
Doncaster
South Yorkshire
DN5 0JR

ARTSIGN LIMITED (REGISTERED NUMBER: 03572308)

ABBREVIATED BALANCE SHEET
31 JULY 2016

31.7.16 31.7.15
Notes £    £   
FIXED ASSETS
Tangible assets 2 50,470 50,961

CURRENT ASSETS
Stocks 1,273 1,500
Debtors 223,833 204,297
Cash at bank and in hand 54 144
225,160 205,941
CREDITORS
Amounts falling due within one year 3 (207,168 ) (167,726 )
NET CURRENT ASSETS 17,992 38,215
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,462

89,176

CREDITORS
Amounts falling due after more than one
year

(25,351

)

(28,163

)

PROVISIONS FOR LIABILITIES (10,511 ) (9,887 )
NET ASSETS 32,600 51,126

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Profit and loss account 31,600 50,126
SHAREHOLDERS' FUNDS 32,600 51,126

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections
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.

ARTSIGN LIMITED (REGISTERED NUMBER: 03572308)

ABBREVIATED BALANCE SHEET - continued
31 JULY 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 27 April 2017 and were signed by:





N Spencer - Director


ARTSIGN LIMITED (REGISTERED NUMBER: 03572308)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks and work in progress 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 expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

ARTSIGN LIMITED (REGISTERED NUMBER: 03572308)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 JULY 2016

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2015 199,526
Additions 17,722
Disposals (16,000 )
At 31 July 2016 201,248
DEPRECIATION
At 1 August 2015 148,565
Charge for year 14,891
Eliminated on disposal (12,678 )
At 31 July 2016 150,778
NET BOOK VALUE
At 31 July 2016 50,470
At 31 July 2015 50,961

3. CREDITORS

Creditors include an amount of £ 55,164 (31.7.15 - £ 42,692 ) for which security has been given.

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.16 31.7.15
value: £    £   
900 Ordinary A £1 900 900
100 Ordinary B £1 100 100
1,000 1,000

There are no differences between the rights applicable to the "A" & "B" ordinary shares.

5. ULTIMATE PARENT COMPANY

As from 4 February 2008, the Ultimate Parent Company is Artsign Holdings Ltd, a company incorporated in
England. The ultimate controlling party is N P Spencer.