Abbreviated Company Accounts - U V VENTURES LTD

07237349 U V VENTURES LTD 2015-06-30 false 2014-07-01 2015-06-30 true 07237349 2014-07-01 2015-06-30 07237349 2015-06-30 07237349 2014-06-30 07237349 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 07237349 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 07237349

U V VENTURES LTD

Abbreviated Accounts

30 June 2015

U V VENTURES LTD Registered Number 07237349

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	13,745	16,171
		13,745	16,171
Current assets
Stocks		2,798	2,595
Debtors		47,306	92,132
Cash at bank and in hand		43,892	37,306
		93,996	132,033
Creditors: amounts falling due within one year		(36,839)	(60,562)
Net current assets (liabilities)		57,157	71,471
Total assets less current liabilities		70,902	87,642
Creditors: amounts falling due after more than one year		(20,955)	(32,306)
Provisions for liabilities		(2,749)	(3,235)
Total net assets (liabilities)		47,198	52,101
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		46,198	51,101
Shareholders' funds		47,198	52,101

For the year ending 30 June 2015 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 16 March 2016

And signed on their behalf by:
Umesh Patel, Director

U V VENTURES LTD Registered Number 07237349

Notes to the Abbreviated Accounts for the period ended 30 June 2015

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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings
and equipment - 15% Reducing Balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 July 2014	26,329
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	26,329
Depreciation
At 1 July 2014	10,158
Charge for the year	2,426
On disposals	-
At 30 June 2015	12,584
Net book values
At 30 June 2015	13,745
At 30 June 2014	16,171

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 A Ordinary shares of £1 each	1,000	1,000