Ultimate Wedding Services (UK) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: SC409453 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Ultimate Wedding Services (UK) Ltd

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

5,745

7,143

CURRENT ASSETS

Debtors

171

-

Cash at bank

116

23

287

23

CREDITORS

Amounts falling due within one year

(29,639

)

(24,257

)

NET CURRENT LIABILITIES

(29,352

)

(24,234

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(23,607

)

(17,091

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(23,609

)

(17,093

)

SHAREHOLDERS' FUNDS

(23,607

)

(17,091

)

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 director acknowledges her 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 director on 31 August 2016 and were signed by:

Miss L McLean - 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 January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods and services in respect of online retail activities, excluding value

added tax. Sales are recognised at the point at which the goods are delivered or the service is complete.

Tangible fixed assets and depreciation

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

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any

incidental costs of acquisition.

Deferred tax

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

sheet date, where transactions or events that result in an obligation to pay more or a right to pay less tax in the

future have occurred by the balance sheet date with certain limited exceptions.

Deferred tax is calculated on an undiscounted basis at the tax rates that are expected to apply in the periods in

which the timing differences are expected to reverse, based on tax rates and laws enacted or substantively

enacted at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

12,576

Additions

539

At 31 October 2015

13,115

DEPRECIATION

At 1 November 2014

5,433

Charge for year

1,937

At 31 October 2015

7,370

NET BOOK VALUE

At 31 October 2015

5,745

At 31 October 2014

7,143

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

1

Ordinary shares

£1

2