Universal Food Service Equipment Ltd - Limited company - abbreviated - 11.9

Universal Food Service Equipment Ltd - Limited company - abbreviated - 11.9

UNIVERSAL FOOD SERVICE EQUIPMENT LIMITED - Company Information

Print Friendly Version

04219013 1.11.14 31.10.15 31.10.15 Company accounts Private Limited Company FY true false true false false true false Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure042190132014-10-31042190132015-10-31042190132014-11-012015-10-31042190132013-10-31042190132013-11-012014-10-31042190132014-10-3104219013ns12:England2014-11-012015-10-3104219013ns14:PoundSterling2014-11-012015-10-3104219013ns7:Director12014-11-012015-10-3104219013ns7:OrdinaryShareClass12014-11-012015-10-3104219013ns7:Director22014-11-012015-10-3104219013ns7:CompanySecretary2014-11-012015-10-3104219013ns7:RegisteredOffice2014-11-012015-10-3104219013ns7:EntityAccountantsOrAuditors2014-11-012015-10-3104219013ns5:PlantMachinery2014-11-012015-10-3104219013ns5:ComputerEquipment2014-11-012015-10-3104219013ns7:OrdinaryShareClass12015-10-3104219013ns7:OrdinaryShareClass12014-10-31
REGISTERED NUMBER: 04219013 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

UNIVERSAL FOOD SERVICE EQUIPMENT LTD

UNIVERSAL FOOD SERVICE EQUIPMENT LTD (REGISTERED NUMBER: 04219013)

Contents of the Abbreviated Accounts
for the Year Ended 31 October 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

UNIVERSAL FOOD SERVICE EQUIPMENT LTD

Company Information
for the Year Ended 31 October 2015







DIRECTORS: R M Flanagan
Mrs J H Flanagan





SECRETARY: Mrs J H Flanagan





REGISTERED OFFICE: 13/17
Station Avenue
Caterham
Surrey
CR3 6LB





REGISTERED NUMBER: 04219013 (England and Wales)





ACCOUNTANTS: Lees Chartered Accountants
The Granary
Brewer Street
Bletchingley
Surrey
RH1 4QP
Page 1
UNIVERSAL FOOD SERVICE EQUIPMENT LTD (REGISTERED NUMBER: 04219013)

Abbreviated Balance Sheet
31 October 2015

31.10.15 31.10.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 880 1,256

CURRENT ASSETS
Stocks 7,768 40,000
Debtors 221,347 533,368
Cash at bank and in hand 7 19
229,122 573,387
CREDITORS
Amounts falling due within one year 255,935 573,633
NET CURRENT LIABILITIES (26,813 ) (246 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(25,933		 )
1,010

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (26,033 ) 910
SHAREHOLDERS' FUNDS (25,933 ) 1,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

The abbreviated accounts 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 17 March 2016 and were signed on its behalf by:





R M Flanagan - Director


The notes form part of these abbreviated accounts

Page 2
UNIVERSAL FOOD SERVICE EQUIPMENT LTD (REGISTERED NUMBER: 04219013)

Notes to the Abbreviated Accounts
for the Year Ended 31 October 2015


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).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on cost
Computer equipment - 20% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Going concern
The financial position of the company, it's cash flows and liquidity position has been reviewed by the director.
The company is endeavouring to obtain finance to cover its working capital cash flows in order to continue as a
going concern.

The company is perusing the customer responsible for the bad debt, which have been provided for in these
accounts and are the main causes of the losses this year, through the civil legal system.

For these reasons the going concern basis of accounting has been adopted.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2014
and 31 October 2015 7,614
DEPRECIATION
At 1 November 2014 6,358
Charge for year 376
At 31 October 2015 6,734
NET BOOK VALUE
At 31 October 2015 880
At 31 October 2014 1,256

Page 3 continued...
UNIVERSAL FOOD SERVICE EQUIPMENT LTD (REGISTERED NUMBER: 04219013)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 October 2015


3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.15 31.10.14
value: £    £   
100 Ordinary A £1 100 100

4. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R M Flanagan.


Page 4