Unze (UK) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06625935 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2016

for

Unze (UK) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K Saleem

REGISTERED OFFICE:

Unit 1-2

The Mews

24 Kempton Road

East Ham

London

E6 2LD

REGISTERED NUMBER:

06625935 (England and Wales)

ACCOUNTANTS:

J Raja & Company

Chartered Certified Accountants

962 Eastern Avenue

Newbury Park

Ilford

Essex

IG2 7JD

FIXED ASSETS

Tangible assets

2

10,773

14,364

CURRENT ASSETS

Stocks

209,707

203,941

Debtors

504,550

368,530

Cash at bank

13,287

7,952

727,544

580,423

CREDITORS

Amounts falling due within one year

462,399

224,275

NET CURRENT ASSETS

265,145

356,148

TOTAL ASSETS LESS CURRENT
LIABILITIES

275,918

370,512

CREDITORS

Amounts falling due after more than one
year

703,445

704,121

NET LIABILITIES

(427,527

)

(333,609

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(427,627

)

(333,709

)

SHAREHOLDERS' FUNDS

(427,527

)

(333,609

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 28 March 2017 and were signed by:

K Saleem - 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.

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

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

25,021

DEPRECIATION

At 1 July 2015

10,657

Charge for year

3,591

At 30 June 2016

14,248

NET BOOK VALUE

At 30 June 2016

10,773

At 30 June 2015

14,364

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1.00

100