Abbreviated Company Accounts - UNZE ONLINE (UK) LTD

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
The turnover shown in profit & Loss account represnets revenue reconized by compnay
in respect of good sullped during the period, exclusive value added tax and trade discouts.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates-in-order-to write-Off-each asset over its estimated useful life.

Valuation information and policy
Stock are Valued at the lower of cost and net realisable value. After makdign due allowance for obsolete and slow moving items. Cost includes all direct expditure and an approprion of fixed and varable overheads.

Other accounting policies
Deferred taxation in provided in full in respect of taxation deferred by timing difference between the treatment of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are expected to apply in the period when the timing differences will reverse and has not been discounted.