Company Registration No. 10562506 (England and Wales)
UFH Direct Ltd
Unaudited accounts
for the year ended 31 January 2021
UFH Direct Ltd
Unaudited accounts
Contents
UFH Direct Ltd
Company Information
for the year ended 31 January 2021
Company Number
10562506 (England and Wales)
Registered Office
68 Faraday Mill Business Park
Cattadown Road
Plymouth
Devon
PL4 0ST
Accountants
BookBusters t/n of Castle Home Loans Limited
Eureka House
Higher Downgate
Callington
Cornwall
PL17 8HL
UFH Direct Ltd
Statement of financial position
as at 31 January 2021
Tangible assets
16,841
480
Cash at bank and in hand
14,095
1,386
Creditors: amounts falling due within one year
(40,388)
(5,003)
Net current liabilities
(8,743)
(3,567)
Net assets/(liabilities)
8,098
(3,087)
Called up share capital
100
100
Profit and loss account
7,998
(3,187)
Shareholders' funds
8,098
(3,087)
For the year ending 31 January 2021 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.
The financial statements were approved by the Board and authorised for issue on 29 October 2021 and were signed on its behalf by
Jack Campbell
Director
Company Registration No. 10562506
UFH Direct Ltd
Notes to the Accounts
for the year ended 31 January 2021
UFH Direct Ltd is a private company, limited by shares, registered in England and Wales, registration number 10562506. The registered office is 68 Faraday Mill Business Park, Cattadown Road, Plymouth, Devon, PL4 0ST.
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.
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 or realisable value:
Plant & machinery
20% reducing balance
Computer equipment
100% year of purchase
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2020
600
-
600
At 31 January 2021
600
20,571
21,171
At 1 February 2020
120
-
120
Charge for the year
96
4,114
4,210
At 31 January 2021
216
4,114
4,330
At 31 January 2021
384
16,457
16,841
At 31 January 2020
480
-
480
5
Debtors: amounts falling due within one year
2021
2020
Amounts due from group undertakings etc.
50
50
UFH Direct Ltd
Notes to the Accounts
for the year ended 31 January 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
25,000
-
Trade creditors
10,766
4,322
Taxes and social security
2,461
681
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
