UE_Properties_Ltd - Accounts

Company Registration No. 04190103 (England and Wales)

UE Properties Ltd

Unaudited Abbreviated Financial Statements

For The Year Ended 31 March 2016

UE PROPERTIES LTD

ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF UE PROPERTIES LTD FOR THE YEAR ENDED 31 MARCH 2016

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The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of UE Properties Ltd for the year ended 31 March 2016 set out on pages 3 to 6 from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/.

It is your duty to ensure that UE Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of UE Properties Ltd. You consider that UE Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of UE Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of Directors of UE Properties Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of UE Properties Ltd and state those matters that we have agreed to state to the Board of Directors of UE Properties Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than UE Properties Ltd and its Board of Directors as a body, for our work or for this report.

Clark Howes Ltd

Chartered Certified Accountants

20 December 2016

11 Bell Business Park

Smeaton Close

Aylesbury

Buckinghamshire

HP19 8JR

UE PROPERTIES LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

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2016

2015

Notes

Current assets

Cash at bank and in hand

387

Creditors: amounts falling due within one year

(74,960)

(73,940)

Total assets less current liabilities

(74,960)

(73,553)

Capital and reserves

Called up share capital

Profit and loss account

(74,962)

(73,555)

Shareholder's funds

(74,960)

(73,553)

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 20 December 2016

Mr D Turnbull

Director

Company Registration No. 04190103

UE PROPERTIES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

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Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The accounts have been prepared under the going concern concept; the parent company Uni-Export Instrumentation Limited has confirmed to the director that it will continue to support the company for a period of 12 months after the date of signing the financial statements.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Deferred taxation

Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the financial statements and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing difference will reverse.

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary shares of £1 each