Uncommon Practice Limited - Limited company accounts 11.6

Uncommon Practice Limited - Limited company accounts 11.6

UNCOMMON PRACTICE LIMITED - Company Information

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REGISTERED NUMBER: 04651351















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2014

FOR

UNCOMMON PRACTICE LIMITED

UNCOMMON PRACTICE LIMITED (REGISTERED NUMBER: 04651351)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30th September 2014










Page

Company Information 1

Report of the Director 2

Chartered Accountants' Report 3

Profit and Loss Account 4

Balance Sheet 5

Notes to the Financial Statements 6


UNCOMMON PRACTICE LIMITED

COMPANY INFORMATION
For The Year Ended 30th September 2014







DIRECTOR: Dr. J M Birkinshaw





SECRETARY: Mrs. L Birkinshaw





REGISTERED OFFICE: Bank House
81 St Judes Road
Englefield Green
Surrey
TW20 0DF





REGISTERED NUMBER: 04651351





ACCOUNTANTS: Exceed (UK) Ltd
Bank House
81 St Judes Road
Englefield Green
Surrey
TW20 0DF
Page 1
UNCOMMON PRACTICE LIMITED (REGISTERED NUMBER: 04651351)

REPORT OF THE DIRECTOR
For The Year Ended 30th September 2014


The director presents his report with the financial statements of the company for the year ended 30th September 2014.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of business and management consultancy.

DIRECTOR
Dr. J M Birkinshaw held office during the whole of the period from 1st October 2013 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating
to small companies.

ON BEHALF OF THE BOARD:





Dr. J M Birkinshaw - Director


30th November 2014

Page 2
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
UNCOMMON PRACTICE LIMITED



In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Uncommon Practice Limited for the year ended 30th September 2014 which comprise the Profit
and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information
and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject
to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Uncommon Practice Limited in accordance with our terms of engagement.
Our work has been undertaken solely to prepare for your approval the financial statements of Uncommon Practice
Limited and state those matters that we have agreed to state to the director of Uncommon Practice Limited in this report
in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Uncommon Practice Limited has kept adequate accounting records and to prepare statutory
financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Uncommon
Practice Limited. You consider that Uncommon Practice Limited is exempt from the statutory audit requirement for the
year.

We have not been instructed to carry out an audit or a review of the financial statements of Uncommon Practice Limited.
For this reason, we have not verified the accuracy or completeness of the accounting records or information and
explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Exceed (UK) Ltd
Bank House
81 St Judes Road
Englefield Green
Surrey
TW20 0DF


30th November 2014

This page does not form part of the statutory financial statements

Page 3
UNCOMMON PRACTICE LIMITED (REGISTERED NUMBER: 04651351)

PROFIT AND LOSS ACCOUNT
For The Year Ended 30th September 2014

2014 2013
Notes £    £   

TURNOVER 340,418 269,077

Cost of sales 24,796 17,714
GROSS PROFIT 315,622 251,363

Administrative expenses 24,779 21,589
OPERATING PROFIT 2 290,843 229,774

Interest receivable and similar income 1,218 12
292,061 229,786

Interest payable and similar charges - 2,161
PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION
292,061
227,625

Tax on profit on ordinary activities 3 58,412 45,525
PROFIT FOR THE FINANCIAL YEAR 233,649 182,100

The notes form part of these financial statements

Page 4
UNCOMMON PRACTICE LIMITED (REGISTERED NUMBER: 04651351)

BALANCE SHEET
30th September 2014

2014 2013
Notes £    £   
CURRENT ASSETS
Debtors 6 58,302 58,213
Cash at bank 530,503 455,056
588,805 513,269
CREDITORS
Amounts falling due within one year 7 67,425 100,538
NET CURRENT ASSETS 521,380 412,731
TOTAL ASSETS LESS CURRENT
LIABILITIES
521,380
412,731

CAPITAL AND RESERVES
Called up share capital 8 102 102
Profit and loss account 9 521,278 412,629
SHAREHOLDERS' FUNDS 521,380 412,731

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2014 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 in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).


The financial statements were approved by the director on 30th November 2014 and were signed by:





Dr. J M Birkinshaw - Director


The notes form part of these financial statements

Page 5
UNCOMMON PRACTICE LIMITED (REGISTERED NUMBER: 04651351)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30th September 2014


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 April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts
where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

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

Employee benefit trust
The company has purchased trusts for the benefit of employees and certain of their dependants. Monies held in
these trusts are held by independent trustees and managed at their discretion.

Where the company retains future economic benefit from, and has de facto control of the assets and liabilities of
the trusts, they are accounted for as assets and liabilities of the company until the earlier of the date that an
allocation of trust funds to employees in respect of past services is declared and the date that assets of the trusts
vest in identified individuals.

Where monies held in trusts are determined by the company on the basis of employees' past services to the
business and the company can obtain no future economic benefit from those monies, such monies, whether in the
trusts or accrued for by the company are charged to the profit and loss account in the period to which they relate.

2. OPERATING PROFIT

The operating profit is stated after charging:

2014 2013
£    £   

Director's remuneration and other benefits etc - -

3. TAXATION

Analysis of the tax charge
The tax charge on the profit on ordinary activities for the year was as follows:
2014 2013
£    £   
Current tax:
UK corporation tax 58,412 45,525
Tax on profit on ordinary activities 58,412 45,525

Page 6 continued...
UNCOMMON PRACTICE LIMITED (REGISTERED NUMBER: 04651351)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30th September 2014


4. DIVIDENDS
2014 2013
£    £   
Ordinary shares of £1 each
Final 125,000 120,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st October 2013
and 30th September 2014 3,306 2,165 5,471
DEPRECIATION
At 1st October 2013
and 30th September 2014 3,306 2,165 5,471
NET BOOK VALUE
At 30th September 2014 - - -
At 30th September 2013 - - -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2014 2013
£    £   
Trade debtors 40,767 58,213
Other debtors 17,535 -
58,302 58,213

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2014 2013
£    £   
Trade creditors 3,842 4,359
Taxation and social security 62,483 54,607
Other creditors 1,100 41,572
67,425 100,538

Page 7 continued...
UNCOMMON PRACTICE LIMITED (REGISTERED NUMBER: 04651351)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30th September 2014


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
102 102

9. RESERVES
Profit
and loss
account
£   

At 1st October 2013 412,629
Profit for the year 233,649
Dividends (125,000 )
At 30th September 2014 521,278


10. RELATED PARTY DISCLOSURES

The company is controlled by its director.

At the year end Mr J Birkinshaw owed £17,535, interest of 3.25% was charged on the average overdrawn
balance outstanding.

During the year dividends were paid to Mrs LC Birkinshaw, spouse of the director, totalling £125,000 (2013:
£120,000). Mr J Birkinshaw waived his right to dividends for this year.

Page 8