ULTRA-PRINT LIMITED,Ltd - AccountsLtd - Accounts

ULTRA-PRINT LIMITED,Ltd - AccountsLtd - Accounts

ULTRA-PRINT LIMITED - Company Information

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2018-10-01 06694958 2019-09-30 06694958 2018-10-01 2019-09-30 06694958 2018-09-30 06694958 2017-10-01 2018-09-30 06694958 uk-core:WithinOneYear 2018-09-30 06694958 uk-core:WithinOneYear 2019-09-30 06694958 uk-core:ShareCapital 2019-09-30 06694958 uk-core:ShareCapital 2018-09-30 06694958 uk-core:RetainedEarningsAccumulatedLosses 2019-09-30 06694958 uk-core:RetainedEarningsAccumulatedLosses 2018-09-30 06694958 uk-bus:Director1 2018-10-01 2019-09-30 06694958 uk-bus:Director2 2018-10-01 2019-09-30 06694958 uk-core:PlantMachinery 2018-10-01 2019-09-30 06694958 uk-core:MotorCars 2018-10-01 2019-09-30 06694958 uk-core:FurnitureFittings 2018-10-01 2019-09-30 06694958 uk-core:FurnitureFittings 2018-09-30 06694958 uk-core:PlantMachinery 2018-09-30 06694958 uk-core:PlantMachinery 2019-09-30 06694958 uk-core:FurnitureFittings 2019-09-30 iso4217:GBP 06694958 uk-bus:AuditExemptWithAccountantsReport 2018-10-01 2019-09-30 06694958 uk-bus:FRS102 2018-10-01 2019-09-30 06694958 uk-bus:FullAccounts 2018-10-01 2019-09-30 06694958 uk-bus:PrivateLimitedCompanyLtd 2018-10-01 2019-09-30
ULTRA-PRINT LIMITED
Registered Number:06694958
For the year ended 30 September 2019
England and Wales
Report of the Directors and Financial Statements
2
For the year ended 30 September 2019
ULTRA-PRINT LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 30 September 2019
ULTRA-PRINT LIMITED
Statement of Financial Position
Registered Number :
06694958
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
32,256
37,184
2
32,256
37,184
Current assets
Inventories
4,822
4,648
3
Trade and other receivables
4,979
1,491
4
Financial assets
-
80,000
5
246,607
Cash and cash equivalents
108,268
194,407
256,408
Trade and other payables: amounts falling due within one
year
(29,724)
(20,895)
6
226,684
173,512
Net current assets
Total assets less current liabilities
205,768
263,868
205,768
Net assets
263,868
Capital and reserves
Called up share capital
502
502
Retained earnings
205,266
263,366
205,768
263,868
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
J Davison Director
L Davison Director
These financial statements were approved and authorised for issue by the Board on 19 February 2020 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 30 September 2019
ULTRA-PRINT LIMITED
Notes to the Financial Statements
Statutory Information
ULTRA-PRINT LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06694958.
Registered address:
Units 10-12
Wentworth Terrace
Fitzwilliam
Pontefract
WF9 5BZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
25 Reducing balance
Motor vehicles
15 Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the year ended 30 September 2019
ULTRA-PRINT LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Plant and
machinery
£
£
£
Cost or
valuation
At 01 October 2018
80,376
12,395
67,981
719
-
719
Additions
At 30 September 2019
68,700
12,395
81,095
Provision for depreciation and impairment
At 01 October 2018
43,192
4,239
38,953
Charge for year
5,647
1,223
4,424
At 30 September 2019
48,839
5,462
43,377
At 30 September 2019
Net book value
25,323
6,933
32,256
At 30 September 2018
29,028
8,156
37,184
3. Inventories
2018
2019
£
£
Stocks
4,648
4,822
4. Trade and other receivables
2018
2019
£
£
Other debtors
1,491
4,979
5. Financial instruments at fair value
2018
2019
£
£
Other investments
80,000
-
6. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Taxation and social security
19,127
28,164
Other creditors
1,768
1,560
20,895
29,724
3 of 4
6
For the year ended 30 September 2019
ULTRA-PRINT LIMITED
Notes to the Financial Statements Continued
4 of 4