UNIVERSAL CONVERTING EQUIPMENT LIMITED

UNIVERSAL CONVERTING EQUIPMENT LIMITED

UNIVERSAL CONVERTING EQUIPMENT LIMITED - Company Information

Print Friendly Version

UNIVERSAL CONVERTING EQUIPMENT LIMITED

Company Registration Number:
03903136 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

UNIVERSAL CONVERTING EQUIPMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

UNIVERSAL CONVERTING EQUIPMENT LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 1,848,622 982,317
Investments: 4 604 604
Total fixed assets: 1,849,226 982,921
Current assets
Debtors:   1,329,732 2,154,177
Cash at bank and in hand: 1,394,142 80,394
Total current assets: 2,723,874 2,234,571
Creditors: amounts falling due within one year:   (30,148) (25,094)
Net current assets (liabilities): 2,693,726 2,209,477
Total assets less current liabilities: 4,542,952 3,192,398
Creditors: amounts falling due after more than one year:   (175,520) (299,239)
Total net assets (liabilities): 4,367,432 2,893,159
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 4,367,430 2,893,157
Shareholders funds: 4,367,432 2,893,159

The notes form part of these financial statements

UNIVERSAL CONVERTING EQUIPMENT LIMITED

Balance sheet statements

For the year ending 31 December 2020 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 29 September 2021
and signed on behalf of the board by:

Name: A Jones
Status: Director

The notes form part of these financial statements

UNIVERSAL CONVERTING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

UNIVERSAL CONVERTING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 2 2

UNIVERSAL CONVERTING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 1,001,971
Additions 874,946
At 31 December 2020 1,876,917
Depreciation
At 01 January 2020 19,654
Charge for year 8,641
At 31 December 2020 28,295
Net book value
At 31 December 2020 1,848,622
At 31 December 2019 982,317

UNIVERSAL CONVERTING EQUIPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Fixed investments

Shares in subsidiary company