Company Registration No. 6153922 (England and Wales)
U.K. Merchandising Limited
Unaudited accounts
for the year ended 30 April 2017
U.K. Merchandising Limited
Unaudited accounts
Contents
U.K. Merchandising Limited
Company Information
for the year ended 30 April 2017
Company Number
6153922 (England and Wales)
Registered Office
1 WILLOWS ROAD
BIRMINGHAM
WEST MIDLANDS
B12 9QE
Accountants
TAXX LIMITED
257 Lichfield Road
Sutton Coldfield
West Midlands
B74 2XD
U.K. Merchandising Limited
Statement of financial position
as at 30 April 2017
Cash at bank and in hand
54,802
57,772
Creditors: amounts falling due within one year
(184,810)
(131,977)
Net current assets
162,555
178,237
Net assets
223,800
178,237
Called up share capital
300
300
Profit and loss account
223,500
177,937
Shareholders' funds
223,800
178,237
For the year ending 30 April 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 27 November 2017.
A Sharma
Director
Company Registration No. 6153922
U.K. Merchandising Limited
Notes to the Accounts
for the year ended 30 April 2017
U.K. Merchandising Limited is a private company, limited by shares, registered in England and Wales, registration number 6153922. The registered office is 1 WILLOWS ROAD, BIRMINGHAM, WEST MIDLANDS, B12 9QE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on the reducing balance
4
Tangible fixed assets
Plant & machinery
U.K. Merchandising Limited
Notes to the Accounts
for the year ended 30 April 2017
Trade debtors
292,563
252,442
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Creditors: amounts falling due within one year
2017
2016
Trade creditors
162,904
73,404
Taxes and social security
11,294
21,351
Other creditors
10,000
10,000
Loans from directors
612
27,222
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300
300
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
27,222
-
26,610
612
9
Average number of employees
During the year the average number of employees was 4 (2016: 3).
