Abbreviated Company Accounts - UC FOODS LTD

Registered Number 07511149

UC FOODS LTD

Abbreviated Accounts

31 January 2016

UC FOODS LTD Registered Number 07511149

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	18,474	22,530
		18,474	22,530
Current assets
Stocks		35,145	36,785
Debtors		87,776	100,001
Cash at bank and in hand		2,755	5,018
		125,676	141,804
Creditors: amounts falling due within one year		(74,052)	(78,787)
Net current assets (liabilities)		51,624	63,017
Total assets less current liabilities		70,098	85,547
Creditors: amounts falling due after more than one year		(48,457)	(62,696)
Total net assets (liabilities)		21,641	22,851
Capital and reserves
Called up share capital		100	100
Profit and loss account		21,541	22,751
Shareholders' funds		21,641	22,851

For the year ending 31 January 2016 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 26 August 2016

And signed on their behalf by:
Mohammad Yousaf, Director

UC FOODS LTD Registered Number 07511149

Notes to the Abbreviated Accounts for the period ended 31 January 2016

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 goods sold during the year excluding value added tax.

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

Motor vehicles 18% on reducing balance
Fixtures, fittings & equipment - 18% on reducing balance

Valuation information and policy
Stock has been valued at the lower of cost and estimated net realisable value after making
adjustments for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 February 2015	40,543
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	40,543
Depreciation
At 1 February 2015	18,013
Charge for the year	4,056
On disposals	-
At 31 January 2016	22,069
Net book values
At 31 January 2016	18,474
At 31 January 2015	22,530