UK Simulators Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04425172 (England and Wales)

UK SIMULATORS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R M R Barman

Mr R T K Barman

REGISTERED OFFICE:

531 Denby Dale Road West

Calder Grove

Wakefield

WF4 3ND

REGISTERED NUMBER:

04425172 (England and Wales)

ACCOUNTANTS:

Harrison & Co

Chartered Accountants

531 Denby Dale Road West

Calder Grove

Wakefield

West Yorkshire

WF4 3ND

BANKERS:

Barclays Bank Plc

Scarborough Business Centre

PO Box 13

St Nicholas Street

Scarborough

YO11 2HS

FIXED ASSETS

Tangible assets

2

8,411

8,163

CURRENT ASSETS

Stocks

500

-

Debtors

37,810

29,648

Cash at bank

3,413

1,998

41,723

31,646

CREDITORS

Amounts falling due within one year

46,849

13,222

NET CURRENT (LIABILITIES)/ASSETS

(5,126

)

18,424

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,285

26,587

PROVISIONS FOR LIABILITIES

1,682

1,633

NET ASSETS

1,603

24,954

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

1,503

24,854

SHAREHOLDERS' FUNDS

1,603

24,954

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 29 July 2017 and were signed on its behalf by:

Mr R T K Barman - 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

-

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

Plant and

machinery

£

COST

At 1 October 2015

21,351

Additions

3,052

At 30 September 2016

24,403

DEPRECIATION

At 1 October 2015

13,188

Charge for year

2,804

At 30 September 2016

15,992

NET BOOK VALUE

At 30 September 2016

8,411

At 30 September 2015

8,163

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary Shares

£1

100