Abbreviated Company Accounts - ULTIMATE PERFORMANCE LIMITED

ULTIMATE PERFORMANCE LIMITED - Company Information

04813549 ULTIMATE PERFORMANCE LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 04813549 2014-10-01 2015-09-30 04813549 2015-09-30 04813549 2014-09-30 04813549 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 04813549 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 04813549

ULTIMATE PERFORMANCE LIMITED

Abbreviated Accounts

30 September 2015

ULTIMATE PERFORMANCE LIMITED Registered Number 04813549

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	48,184	56,370
		48,184	56,370
Current assets
Stocks		4,755	4,201
Debtors	3	33,262	34,089
		38,017	38,290
Prepayments and accrued income		3,230	4,560
Creditors: amounts falling due within one year	4	(77,144)	(78,102)
Net current assets (liabilities)		(35,897)	(35,252)
Total assets less current liabilities		12,287	21,118
Creditors: amounts falling due after more than one year	4	(410)	(9,353)
Total net assets (liabilities)		11,877	11,765
Capital and reserves
Called up share capital	5	2	2
Profit and loss account		11,875	11,763
Shareholders' funds		11,877	11,765

For the year ending 30 September 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 29 June 2016

And signed on their behalf by:
Simon Douglas Armstrong, Director
Joanne Armstrong, Director

ULTIMATE PERFORMANCE LIMITED Registered Number 04813549

Notes to the Abbreviated Accounts for the period ended 30 September 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Tangible fixed assets are stated at the lower end of cost or valuation less depreciation.
Depreciation is provided at rates calculated to write off the lower of the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer & Office Equipment 25 %
Motor Vehicles 20 %
Fixtures & Fittings 15 %
Plant and Machinery 15 %

Valuation information and policy
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 October 2014	100,753
Additions	5,211
Disposals	(22,798)
Revaluations	-
Transfers	-
At 30 September 2015	83,166
Depreciation
At 1 October 2014	44,383
Charge for the year	8,582
On disposals	(17,983)
At 30 September 2015	34,982
Net book values
At 30 September 2015	48,184
At 30 September 2014	56,370

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	33,262	34,089

4Creditors

	2015 £	2014 £
Secured Debts	77,144	78,102
Non-instalment debts due after 5 years	410	9,353

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2