Abbreviated Company Accounts - UNITED PROFESSIONALS LIMITED

Abbreviated Company Accounts - UNITED PROFESSIONALS LIMITED


Registered Number 04004373

UNITED PROFESSIONALS LIMITED

Abbreviated Accounts

31 May 2014

UNITED PROFESSIONALS LIMITED Registered Number 04004373

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 511 680
511 680
Current assets
Stocks 540 540
Cash at bank and in hand 2,665 1,976
3,205 2,516
Creditors: amounts falling due within one year (2,031) (2,031)
Net current assets (liabilities) 1,174 485
Total assets less current liabilities 1,685 1,165
Total net assets (liabilities) 1,685 1,165
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 1,684 1,164
Shareholders' funds 1,685 1,165
  • For the year ending 31 May 2014 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 14 November 2014

And signed on their behalf by:
k newman, Director

UNITED PROFESSIONALS LIMITED Registered Number 04004373

Notes to the Abbreviated Accounts for the period ended 31 May 2014

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
Turnover represents the invoiced value of goods ands services supplied by the
company, net of value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation is provided on straight line basis each year in order to extinguish the cost
of the fixed assets over their useful lifes. The useful lives of the equipment and the
computer is four years.

2Tangible fixed assets
£
Cost
At 1 June 2013 8,179
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2014 8,179
Depreciation
At 1 June 2013 7,499
Charge for the year 169
On disposals -
At 31 May 2014 7,668
Net book values
At 31 May 2014 511
At 31 May 2013 680
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1