| U-Turn Worldwide Limited |
| Registered number: |
05959156 |
| Abbreviated Balance Sheet |
| as at 31 October 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
2,672 |
|
|
3,563 |
| Tangible assets |
3 |
|
|
5,431 |
|
|
6,213 |
|
|
|
|
8,103 |
|
|
9,776 |
|
| Current assets |
| Debtors |
5 |
|
15,551 |
|
|
13,960 |
| Cash at bank and in hand |
|
|
2,192 |
|
|
3,766 |
|
|
|
17,743 |
|
|
17,726 |
|
| Creditors: amounts falling due within one year |
|
|
(8,768) |
|
|
(9,826) |
|
| Net current assets |
|
|
|
8,975 |
|
|
7,900 |
|
| Total assets less current liabilities |
|
|
|
17,078 |
|
|
17,676 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(14,533) |
|
|
(17,859) |
|
| Net assets/(liabilities) |
|
|
|
2,545 |
|
|
(183) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
7 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
2,445 |
|
|
(283) |
|
| Shareholders' funds |
|
|
|
2,545 |
|
|
(183) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr Tusher Kanti Sarkar |
| Director |
| Approved by the board on 31 July 2014 |
|
| U-Turn Worldwide Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 October 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Fixtures & fittings |
20% reducing balance |
|
Equipments |
20% reducing balance |
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2012 |
4,750 |
|
Additions |
- |
|
Disposals |
- |
|
At 31 October 2013 |
4,750 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 November 2012 |
1,187 |
|
Provided during the year |
891 |
|
On disposals |
- |
|
At 31 October 2013 |
2,078 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2013 |
2,672 |
|
At 31 October 2012 |
3,563 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2012 |
11,684 |
|
Additions |
758 |
|
Surplus on revaluation |
- |
|
Disposals |
- |
|
At 31 October 2013 |
12,442 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2012 |
5,471 |
|
Charge for the year |
1,540 |
|
Surplus on revaluation |
- |
|
On disposals |
- |
|
At 31 October 2013 |
7,011 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2013 |
5,431 |
|
At 31 October 2012 |
6,213 |
|
|
|
|
|
|
|
|
| 7 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
