Abbreviated Company Accounts - URBAN BRANDS UK LIMITED

URBAN BRANDS UK LIMITED - Company Information

06650738 URBAN BRANDS UK LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 06650738 2013-08-01 2014-07-31 06650738 2014-07-31 06650738 2013-07-31 06650738 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 06650738 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 06650738

URBAN BRANDS UK LIMITED

Abbreviated Accounts

31 July 2014

URBAN BRANDS UK LIMITED Registered Number 06650738

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	30,000	30,000
Tangible assets	3	1,000	1,333
		31,000	31,333
Current assets
Debtors		13,014	5,445
Cash at bank and in hand		231	83,465
		13,245	88,910
Creditors: amounts falling due within one year		(86,191)	(58,601)
Net current assets (liabilities)		(72,946)	30,309
Total assets less current liabilities		(41,946)	61,642
Total net assets (liabilities)		(41,946)	61,642
Capital and reserves
Called up share capital	4	10	10
Profit and loss account		(41,956)	61,632
Shareholders' funds		(41,946)	61,642

For the year ending 31 July 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 12 September 2014

And signed on their behalf by:
P Bukvic, Director

URBAN BRANDS UK LIMITED Registered Number 06650738

Notes to the Abbreviated Accounts for the period ended 31 July 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Plant and equipment:- 25% reducing balance basis.

Intangible assets amortisation policy
Trademarks are considered at present to have an indefinite useful life and are therefore not subject to amortisation.

2Intangible fixed assets

	£
Cost
At 1 August 2013	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	30,000
Amortisation
At 1 August 2013	-
Charge for the year	-
On disposals	-
At 31 July 2014	-
Net book values
At 31 July 2014	30,000
At 31 July 2013	30,000

Trademarks are considered at present to have an indefinite useful life and are therefore not subject to amortisation.

3Tangible fixed assets

	£
Cost
At 1 August 2013	5,617
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	5,617
Depreciation
At 1 August 2013	4,284
Charge for the year	333
On disposals	-
At 31 July 2014	4,617
Net book values
At 31 July 2014	1,000
At 31 July 2013	1,333

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £0.01 each	10	10