Abbreviated Company Accounts - UPEDEN LTD

08483368 UPEDEN LTD 2016-04-30 false 2015-05-01 2016-04-30 true 08483368 2015-05-01 2016-04-30 08483368 2016-04-30 08483368 2015-04-30 08483368 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 08483368 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2015-05-01 2016-04-30 uk-gaap-cd-bus:Director3 2016-04-30 uk-gaap-cd-bus:Director3 2015-04-30 iso4217:GBP shares

Registered Number 08483368

UPEDEN LTD

Abbreviated Accounts

30 April 2016

UPEDEN LTD Registered Number 08483368

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	2,720	-
Tangible assets	3	4,615	917
		7,335	917
Current assets
Stocks		2,500	711
Debtors		9,576	4,296
Cash at bank and in hand		10,949	40,868
		23,025	45,875
Creditors: amounts falling due within one year		(14,597)	(25,645)
Net current assets (liabilities)		8,428	20,230
Total assets less current liabilities		15,763	21,147
Total net assets (liabilities)		15,763	21,147
Capital and reserves
Called up share capital		2	2
Profit and loss account		15,761	21,145
Shareholders' funds		15,763	21,147

For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 January 2017

And signed on their behalf by:
Paul Clow, Director

UPEDEN LTD Registered Number 08483368

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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 January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 33% reducing balance
Motor vehicles - 25% reducing balance.

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its expected useful economic life of 5 years.

Valuation information and policy
Stock
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 May 2015	-
Additions	3,400
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	3,400
Amortisation
At 1 May 2015	-
Charge for the year	680
On disposals	-
At 30 April 2016	680
Net book values
At 30 April 2016	2,720
At 30 April 2015	-

3Tangible fixed assets

	£
Cost
At 1 May 2015	2,042
Additions	5,000
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	7,042
Depreciation
At 1 May 2015	1,125
Charge for the year	1,302
On disposals	-
At 30 April 2016	2,427
Net book values
At 30 April 2016	4,615
At 30 April 2015	917

4Transactions with directors

Name of director receiving advance or credit:	Paul Clow
Description of the transaction:	Loan
Balance at 1 May 2015:	£ 21,369
Advances or credits made:	-
Advances or credits repaid:	£ 18,478
Balance at 30 April 2016:	£ 2,891