Urban Abode (UK) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08122572 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Urban Abode (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S D McCombie

REGISTERED OFFICE:

45 Winchester Street

Basingstoke

Hampshire

RG21 7EF

REGISTERED NUMBER:

08122572 (England and Wales)

ACCOUNTANTS:

Beechcroft Accountancy Services

Beechcroft Barn

Upton Lovell

Warminster

Wiltshire

BA12 0JW

FIXED ASSETS

Intangible assets

2

-

7,028

Tangible assets

3

3,214

4,436

3,214

11,464

CURRENT ASSETS

Debtors

39,394

23,639

Cash at bank

14,902

22,619

54,296

46,258

CREDITORS

Amounts falling due within one year

52,015

64,208

NET CURRENT ASSETS/(LIABILITIES)

2,281

(17,950

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,495

(6,486

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

5,395

(6,586

)

SHAREHOLDERS' FUNDS

5,495

(6,486

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

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 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 7 December 2016 and were signed by:

S D McCombie - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

11,000

AMORTISATION

At 1 April 2015

3,972

Amortisation for year

7,028

At 31 March 2016

11,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

7,028

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

14,908

Additions

3,654

At 31 March 2016

18,562

DEPRECIATION

At 1 April 2015

10,472

Charge for year

4,876

At 31 March 2016

15,348

NET BOOK VALUE

At 31 March 2016

3,214

At 31 March 2015

4,436

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary shares

£1

100