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REGISTERED NUMBER: 07581888 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Final Draft Artwork Limited

Final Draft Artwork Limited (Registered number: 07581888)

Contents of the Financial Statements
for the Year Ended 31 March 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Final Draft Artwork Limited

Company Information
for the Year Ended 31 March 2018







DIRECTOR: C Ellis





REGISTERED OFFICE: 30/31 St James Place
Mangotsfield
Bristol
South Glos.
BS16 9JB





REGISTERED NUMBER: 07581888 (England and Wales)





ACCOUNTANTS: Copson Grandfield
30/31 St James Place
Mangotsfield
Bristol
South Glos.
BS16 9JB

Final Draft Artwork Limited (Registered number: 07581888)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,498 2,483

CURRENT ASSETS
Debtors 5 11,179 26,270
Cash at bank 36,227 20,987
47,406 47,257
CREDITORS
Amounts falling due within one year 6 9,292 9,605
NET CURRENT ASSETS 38,114 37,652
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,612

40,135

PROVISIONS FOR LIABILITIES 7 316 507
NET ASSETS 39,296 39,628

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 39,196 39,528
SHAREHOLDERS' FUNDS 39,296 39,628

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the director on 6 November 2018 and were signed by:



C Ellis - Director


Final Draft Artwork Limited (Registered number: 07581888)

Notes to the Financial Statements
for the Year Ended 31 March 2018


1. STATUTORY INFORMATION

Final Draft Artwork Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

Final Draft Artwork Limited (Registered number: 07581888)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2017 282 7,241 7,523
Additions - 415 415
Disposals - (989 ) (989 )
At 31 March 2018 282 6,667 6,949
DEPRECIATION
At 1 April 2017 171 4,869 5,040
Charge for year 37 700 737
Eliminated on disposal - (326 ) (326 )
At 31 March 2018 208 5,243 5,451
NET BOOK VALUE
At 31 March 2018 74 1,424 1,498
At 31 March 2017 111 2,372 2,483

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 5,110 13,462
Other debtors 6,069 12,808
11,179 26,270

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 104 102
Taxation and social security 8,240 8,765
Other creditors 948 738
9,292 9,605

7. PROVISIONS FOR LIABILITIES
31.3.18 31.3.17
£    £   
Deferred tax
Accelerated capital allowances 316 507

Final Draft Artwork Limited (Registered number: 07581888)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2017 507
Provided during year (191 )
Balance at 31 March 2018 316

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and
31 March 2017:

31.3.18 31.3.17
£    £   
C Ellis
Balance outstanding at start of year 12,808 -
Amounts advanced 26,861 45,808
Amounts repaid (33,600 ) (33,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,069 12,808

The directors loan balance will be repaid within 9 months of the year end.