UNIVERSAL M & E LTD.

UNIVERSAL M & E LTD.

UNIVERSAL M & E LTD. - Company Information

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UNIVERSAL M & E LTD.

Company Registration Number:
09557480 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2019

Period of accounts

Start date: 01 May 2018

End date: 30 April 2019

UNIVERSAL M & E LTD.

Contents of the Financial Statements

for the Period Ended 30 April 2019

Balance sheet
Notes

UNIVERSAL M & E LTD.

Balance sheet

As at 30 April 2019


Notes
2019
2018


£
£
Current assets
Stocks: 513,658 211,351
Debtors:   564,752 1,183,343
Cash at bank and in hand: 192,851 84,613
Total current assets: 1,271,261 1,479,307
Creditors: amounts falling due within one year:   (1,244,855) (1,461,588)
Net current assets (liabilities): 26,406 17,719
Total assets less current liabilities: 26,406 17,719
Total net assets (liabilities): 26,406 17,719
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 25,406 16,719
Shareholders funds: 26,406 17,719

The notes form part of these financial statements

UNIVERSAL M & E LTD.

Balance sheet statements

For the year ending 30 April 2019 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 December 2019
and signed on behalf of the board by:

Name: M. Smith
Status: Director

The notes form part of these financial statements

UNIVERSAL M & E LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Valuation and information policy

Stocks Inventories have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods , cost includes a relevant proportion of overheads according to the stage of manufacture / completion.