Company Registration No. 6153922 (England and Wales)
U.K. Merchandising Limited
Unaudited accounts
for the year ended 30 April 2019
U.K. Merchandising Limited
Unaudited accounts
Contents
U.K. Merchandising Limited
Statement of financial position
as at 30 April 2019
Tangible assets
49,609
55,121
Cash at bank and in hand
25,308
29,095
Creditors: amounts falling due within one year
(161,595)
(118,451)
Net current assets
221,658
179,723
Net assets
271,267
234,844
Called up share capital
300
300
Profit and loss account
270,967
234,544
Shareholders' funds
271,267
234,844
For the year ending 30 April 2019 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 director acknowledges his 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 18 November 2019.
A Sharma
Director
Company Registration No. 6153922
U.K. Merchandising Limited
Notes to the Accounts
for the year ended 30 April 2019
U.K. Merchandising Limited is a private company, limited by shares, registered in England and Wales, registration number 6153922. The registered office is 1 WILLOWS ROAD, BIRMINGHAM, WEST MIDLANDS, B12 9QE.
2
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% 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
U.K. Merchandising Limited
Notes to the Accounts
for the year ended 30 April 2019
Trade debtors
334,126
269,079
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
140,842
96,119
Taxes and social security
20,753
21,370
Loans from directors
-
962
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300
300
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
962
-
962
-
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Average number of employees
During the year the average number of employees was 6 (2018: 5).
