UP2D8 Ltd - Abbreviated accounts

UP2D8 Ltd - Abbreviated accounts


Registered number
08499696
UP2D8 Ltd
Abbreviated Accounts
30 April 2016
UP2D8 Ltd
Registered number: 08499696
Abbreviated Balance Sheet
as at 30 April 2016
Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 4,638 8,704
Current assets
Debtors 14,037 2,349
Cash at bank and in hand 8,580 4,066
22,617 6,415
Creditors: amounts falling due within one year (5,962) (3,003)
Net current assets 16,655 3,412
Total assets less current liabilities 21,293 12,116
Creditors: amounts falling due after more than one year (18,605) (15,577)
Provisions for liabilities (928) (1,741)
Net assets/(liabilities) 1,760 (5,202)
Capital and reserves
Called up share capital 3 10 10
Profit and loss account 1,750 (5,212)
Shareholders' funds 1,760 (5,202)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
P Coles
Director
Approved by the board on 5 January 2017
UP2D8 Ltd
Notes to the Abbreviated Accounts
for the year ended 30 April 2016
1 Accounting policies
Basis of preparation
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% straight line
Motor vehicles 25% straight line
Stocks
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts 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 differences will reverse.
2 Tangible fixed assets £
Cost
At 1 May 2015 16,264
At 30 April 2016 16,264
Depreciation
At 1 May 2015 7,560
Charge for the year 4,066
At 30 April 2016 11,626
Net book value
At 30 April 2016 4,638
At 30 April 2015 8,704
3 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 10 10 10
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