Abbreviated Company Accounts - SOURCE UPS LTD

06775105 SOURCE UPS LTD 2015-12-31 false 2015-01-01 2015-12-31 true 06775105 2015-01-01 2015-12-31 06775105 2015-12-31 06775105 2014-12-31 06775105 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 06775105 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-31 iso4217:GBP shares

Registered Number 06775105

SOURCE UPS LTD

Abbreviated Accounts

31 December 2015

SOURCE UPS LTD Registered Number 06775105

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	8,948	7,928
		8,948	7,928
Current assets
Debtors		251,159	145,770
Cash at bank and in hand		104,039	158,974
		355,198	304,744
Creditors: amounts falling due within one year		(218,301)	(121,074)
Net current assets (liabilities)		136,897	183,670
Total assets less current liabilities		145,845	191,598
Total net assets (liabilities)		145,845	191,598
Capital and reserves
Called up share capital	3	190	190
Profit and loss account		145,655	191,408
Shareholders' funds		145,845	191,598

For the year ending 31 December 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 6 April 2016

And signed on their behalf by:
Mr Gavin Banks, Director

SOURCE UPS LTD Registered Number 06775105

Notes to the Abbreviated Accounts for the period ended 31 December 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.

2Tangible fixed assets

	£
Cost
At 1 January 2015	12,323
Additions	4,761
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	17,084
Depreciation
At 1 January 2015	4,395
Charge for the year	3,741
On disposals	-
At 31 December 2015	8,136
Net book values
At 31 December 2015	8,948
At 31 December 2014	7,928

Office equipment 25% straight line

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100
90 B Ordinary shares of £1 each	90	90