Unifurnaces Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 01830102 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

FOR

UNIFURNACES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTOR:

Mr S R Shelton

REGISTERED OFFICE:

4 Malthouse Lane

Tettenhall

Wolverhampton

West Midlands

WV6 9PB

REGISTERED NUMBER:

01830102 (England and Wales)

ACCOUNTANTS:

Poole Waterfield Limited

Priory House

2 Priory Road

Dudley

West Midlands

DY1 1HH

BANKERS:

Lloyds TSB

28A High Street

Tettenhall

Wolverhampton

West Midlands

WV6 8QT

FIXED ASSETS

Tangible assets

2

420

180

CURRENT ASSETS

Stocks

4,300

3,750

Debtors

4,891

18,318

Cash at bank

51,640

65,024

60,831

87,092

CREDITORS

Amounts falling due within one year

32,841

59,631

NET CURRENT ASSETS

27,990

27,461

TOTAL ASSETS LESS CURRENT LIABILITIES

28,410

27,641

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

28,408

27,639

SHAREHOLDERS' FUNDS

28,410

27,641

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 31 July 2014 and were signed by:

Mr S R Shelton - 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 April 2008).

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.

Fixtures and fittings

-

10% on reducing balance

Office equipment

-

25% on cost

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

2,071

Additions

343

At 31 December 2013

2,414

DEPRECIATION

At 1 January 2013

1,891

Charge for year

103

At 31 December 2013

1,994

NET BOOK VALUE

At 31 December 2013

420

At 31 December 2012

180

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

2

Ordinary

£1

2

2