Company Registration No. 9836783 (England and Wales)
UKM Print & Embroidery limited
Unaudited accounts
for the year ended 31 October 2018
UKM Print & Embroidery limited
Unaudited accounts
Contents
UKM Print & Embroidery limited
Statement of financial position
as at 31 October 2018
Tangible assets
55,898
43,350
Cash at bank and in hand
100
100
Creditors: amounts falling due within one year
(150,939)
(90,855)
Net current liabilities
(20,180)
(31,873)
Called up share capital
100
100
Profit and loss account
35,618
11,377
Shareholders' funds
35,718
11,477
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 July 2019.
R K Sharma
Director
Company Registration No. 9836783
UKM Print & Embroidery limited
Notes to the Accounts
for the year ended 31 October 2018
UKM Print & Embroidery limited is a private company, limited by shares, registered in England and Wales, registration number 9836783. The registered office is Unit 1, Station Road, Northfield, Birmingham, B31 3TE.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on the reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2017
60,000
-
60,000
Additions
20,412
2,000
22,412
At 31 October 2018
80,412
2,000
82,412
At 1 November 2017
16,650
-
16,650
Charge for the year
9,564
300
9,864
At 31 October 2018
26,214
300
26,514
At 31 October 2018
54,198
1,700
55,898
At 31 October 2017
43,350
-
43,350
UKM Print & Embroidery limited
Notes to the Accounts
for the year ended 31 October 2018
Trade debtors
130,659
58,882
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Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
1,053
708
Trade creditors
142,990
81,188
Taxes and social security
6,896
8,959
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 5 (2017: 4).
