Unity Associates Ltd - Abbreviated accounts 16.1
Unity Associates Ltd - Abbreviated accounts 16.1
| DRAFT |
| REGISTERED NUMBER: |
| UNITY ASSOCIATES LTD |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| UNITY ASSOCIATES LTD (REGISTERED NUMBER: 05726376) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 MARCH 2016 |
| DRAFT |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| UNITY ASSOCIATES LTD |
| COMPANY INFORMATION |
| for the Year Ended 31 MARCH 2016 |
| DRAFT |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| UNITY ASSOCIATES LTD (REGISTERED NUMBER: 05726376) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| DRAFT |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his 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 financial statements were approved by the director on |
| UNITY ASSOCIATES LTD (REGISTERED NUMBER: 05726376) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 MARCH 2016 |
| DRAFT |
| 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). |
| This may not be appropriate because at 31 March 2016 the company's liabilities exceeded it's assets |
| by £64,140 (2015: £30,334). The Director, however, believes that with the ongoing support of the |
| company's shareholders that it is appropriate to prepare the financial statements on the going concern |
| basis which assumes that the company will continue in operational existence for the foreseeable |
| future. |
| If the company were unable to continue in operational existence for the foreseeable future, |
| adjustments would have to be made to reduce balance sheet values of assets to their recoverable |
| amounts, and to provide for further liabilities that might arise, and to reclassify fixed assets and long |
| term liabilities as current assets and liabilities. |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| and 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |