Abbreviated Company Accounts - U V VENTURE LTD

07237349 U V VENTURE LTD 2014-06-30 false 2013-07-01 2014-06-30 true 07237349 2013-07-01 2014-06-30 07237349 2014-06-30 07237349 2013-06-30 07237349 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 07237349 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 07237349

U V VENTURE LTD

Abbreviated Accounts

30 June 2014

U V VENTURE LTD Registered Number 07237349

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	16,171	17,349
		16,171	17,349
Current assets
Stocks		2,595	3,000
Debtors		92,132	104,545
Cash at bank and in hand		37,306	45,991
		132,033	153,536
Creditors: amounts falling due within one year		(60,562)	(102,419)
Net current assets (liabilities)		71,471	51,117
Total assets less current liabilities		87,642	68,466
Creditors: amounts falling due after more than one year		(32,306)	(42,783)
Provisions for liabilities		(3,235)	(3,470)
Total net assets (liabilities)		52,101	22,213
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		51,101	21,213
Shareholders' funds		52,101	22,213

For the year ending 30 June 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 February 2015

And signed on their behalf by:
Umesh Patel, Director

U V VENTURE LTD Registered Number 07237349

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings
and equipment - 15% Reducing Balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 July 2013	24,653
Additions	1,676
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	26,329
Depreciation
At 1 July 2013	7,304
Charge for the year	2,854
On disposals	-
At 30 June 2014	10,158
Net book values
At 30 June 2014	16,171
At 30 June 2013	17,349

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 A Ordinary shares of £1 each	1,000	1,000