UEA Ltd - Period Ending 2020-12-31

UEA Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 5

UEA Ltd

Company Information

Directors

Mr A J Shaw Mr M Patel

Registered office

G5 Warrington Business Park Long Lane Warrington Cheshire WA2 8TX

Accountants

EKWilliams Accountants Limited 1 Pavilion Square Westhoughton Bolton BL5 3AJ

UEA Ltd

(Registration number: 11703094)
Balance Sheet as at 31 December 2020

	Note	2020 £	2019 £
Current assets
Debtors	4	2	2
Cash at bank and in hand		7,570	3,680
		7,572	3,682
Creditors: Amounts falling due within one year	5	(7,066)	(5,187)
Net assets/(liabilities)		506	(1,505)
Capital and reserves
Called up share capital		2	2
Profit and loss account		504	(1,507)
Total equity		506	(1,505)

UEA Ltd

(Registration number: 11703094)
Balance Sheet as at 31 December 2020

For the financial year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 15 June 2021 and signed on its behalf by:
 

.........................................

Mr A J Shaw
Director

.........................................

Mr M Patel
Director

UEA Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
G5
Warrington Business Park
Long Lane
Warrington
Cheshire
WA2 8TX
England

These financial statements were authorised for issue by the Board on 15 June 2021.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

These accounts have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

UEA Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2020

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2019 - 2).

4

Debtors

	2020 £	2019 £
Other debtors	2	2
	2	2

5

Creditors

Creditors: amounts falling due within one year

	2020 £	2019 £
Due within one year
Taxation and social security	118	-
Accruals and deferred income	360	360
Other creditors	6,588	4,827
	7,066	5,187