Company Registration No. 9836783 (England and Wales)
UKM Print & Embroidery limited
Unaudited accounts
for the year ended 31 October 2017
UKM Print & Embroidery limited
Unaudited accounts
Contents
UKM Print & Embroidery limited
Company Information
for the year ended 31 October 2017
Directors
A K Sharma
R K Sharma
Company Number
9836783 (England and Wales)
Registered Office
Unit 1, Station Road
Northfield
Birmingham
B31 3TE
Accountants
TAXX LIMITED
257 Lichfield Road
Sutton Coldfield
West Midlands
B74 2XD
UKM Print & Embroidery limited
Statement of financial position
as at 31 October 2017
Tangible assets
43,350
51,000
Cash at bank and in hand
100
1,421
Creditors: amounts falling due within one year
(90,855)
(83,432)
Net current liabilities
(31,873)
(47,584)
Called up share capital
100
100
Profit and loss account
11,377
3,316
Shareholders' funds
11,477
3,416
For the year ending 31 October 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 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 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 9 July 2018.
R K Sharma
Director
Company Registration No. 9836783
UKM Print & Embroidery limited
Notes to the Accounts
for the year ended 31 October 2017
UKM Print & Embroidery limited is a private company, limited by shares, registered in England and Wales, registration number 9836783. The registered office is Unit 1, Station Road, Northfield, Birmingham, B31 3TE.
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 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 22 October 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 policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on the reducing balance
4
Tangible fixed assets
Plant & machinery
UKM Print & Embroidery limited
Notes to the Accounts
for the year ended 31 October 2017
Trade debtors
58,882
34,427
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
708
-
Trade creditors
81,188
83,053
Taxes and social security
8,959
379
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 4 (2016: 2).
