Abbreviated Company Accounts - UKF CONSULTING LIMITED

UKF CONSULTING LIMITED - Company Information

SC434821 UKF CONSULTING LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true SC434821 2013-11-01 2014-10-31 SC434821 2014-10-31 SC434821 2013-10-31 SC434821 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 SC434821 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:Director3 2013-11-01 2014-10-31 uk-gaap-cd-bus:Director3 2014-10-31 uk-gaap-cd-bus:Director3 2013-10-31 iso4217:GBP shares

Registered Number SC434821

UKF CONSULTING LIMITED

Abbreviated Accounts

31 October 2014

UKF CONSULTING LIMITED Registered Number SC434821

Abbreviated Balance Sheet as at 31 October 2014

	2014	2013
	£	£
Current assets
Debtors	3,472	1,944
Cash at bank and in hand	2,201	4,498
	5,673	6,442
Creditors: amounts falling due within one year	(4,322)	(4,477)
Net current assets (liabilities)	1,351	1,965
Total assets less current liabilities	1,351	1,965
Accruals and deferred income	(1,161)	(1,853)
Total net assets (liabilities)	190	112
Capital and reserves
Called up share capital	1	1
Profit and loss account	189	111
Shareholders' funds	190	112

For the year ending 31 October 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 31 July 2015

And signed on their behalf by:
Usman Khalid, Director

UKF CONSULTING LIMITED Registered Number SC434821

Notes to the Abbreviated Accounts for the period ended 31 October 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 gross invoiced sales of services, less value added tax calculated at a flat rate on those gross sales, which are recognised when the services are provided.
In respect of longterm contracts and contracts for ongoing services, turnover represents the value
of work done in the year, including estimates of amounts not invoiced. Turnover in respect of
longterm contracts and contracts for ongoing services is recognised by reference to the stage of
completion.

Other accounting policies
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the
contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity
instrument is any contract that evidences a residual interest in the assets of the company after
deducting all of its liabilities. Where shares are issued, any component that creates a financial
liability of the company is presented as a liability in the balance sheet. The corresponding
dividends relating to the liability component are charged as interest expense in the profit and loss
account.

2Transactions with directors

Name of director receiving advance or credit:	Usman Khalid
Description of the transaction:	Directors Loan
Balance at 1 November 2013:	£ 0
Advances or credits made:	£ 2,272
Advances or credits repaid:	-
Balance at 31 October 2014:	£ 2,272

The advance is provided interest free and repayable on demand.