USL United Services Limited - Dormant company accounts 11.9

REGISTERED NUMBER: 01851162

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

USL UNITED SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Zehle

M Zehle

SECRETARY:

S Zehle

REGISTERED OFFICE:

Norman House

8 Burnell Road

Sutton

Surrey

SM1 4BW

REGISTERED NUMBER:

01851162

FIXED ASSETS

Investment property

2

216,663

CREDITORS

Amounts falling due within one year

212,982

NET CURRENT LIABILITIES

(212,982

)

(212,982

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,681

CAPITAL AND RESERVES

Called up share capital

3

Profit and loss account

3,678

SHAREHOLDERS' FUNDS

3,681

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

The financial statements were approved by the Board of Directors on 10 December 2015 and were signed on
its behalf by:

S Zehle - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company was dormant throughout the current year and previous year.

Investment property

In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the

company's property is held for long-term investment and is included in the Balance Sheet at its open

market value. Depreciation is not provided in respect of the freehold investment property. In the

opinion of the directors, the market value of the properties in Spain and Germany are not significantly

different from their original cost.

The policy represents a departure from the Companies Act 2006, which requires depreciation to be

provided on all fixed assets. The directors consider that this policy is necessary in order that the

financial statements give a true and fair view because current values and changes in current values

are of prime importance rather than the calculation of systematic annual depreciation.

2.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2014

and 31 March 2015

216,663

NET BOOK VALUE

At 31 March 2015

216,663

At 31 March 2014

216,663

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

3

Ordinary

£1

3

4.	CONTROLLING PARTY

The controlling party of the company is S Zehle.