Unique Car Mats (U.K.) Ltd - Limited company - abbreviated - 11.6

Unique Car Mats (U.K.) Ltd - Limited company - abbreviated - 11.6

UNIQUE CAR MATS (U.K.) LIMITED - Company Information

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02369272 1.10.13 30.9.14 30.9.14 Company accounts Private Limited Company FY true false true false true false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure023692722013-09-30023692722014-09-30023692722013-10-012014-09-30023692722012-09-30023692722012-10-012013-09-30023692722013-09-3002369272ns12:England2013-10-012014-09-3002369272ns14:PoundSterling2013-10-012014-09-3002369272ns7:Director12013-10-012014-09-3002369272ns7:Director22013-10-012014-09-3002369272ns7:Director32013-10-012014-09-3002369272ns7:Director42013-10-012014-09-3002369272ns7:CompanySecretary2013-10-012014-09-3002369272ns7:RegisteredOffice2013-10-012014-09-3002369272ns7:EntityAccountantsOrAuditors2013-10-012014-09-3002369272ns7:EntityLawyersOrLegalAdvisers2013-10-012014-09-3002369272ns5:PatentsConcessionsLicencesTradeMarksSimilar2013-10-012014-09-3002369272ns5:PlantMachinery2013-10-012014-09-3002369272ns5:FixturesFittings2013-10-012014-09-3002369272ns5:MotorVehicles2013-10-012014-09-30
REGISTERED NUMBER: 02369272 (England and Wales)














UNIQUE CAR MATS (U.K.) LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014





Dexter & Sharpe
Chartered Certified Accountants
Rollestone House
20-22 Bridge Street
Horncastle
Lincolnshire
LN9 5HZ








UNIQUE CAR MATS (U.K.) LTD (REGISTERED NUMBER: 02369272)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

UNIQUE CAR MATS (U.K.) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2014







DIRECTORS: P Kimsey
G Kimsey
Mrs S Kimsey
Miss G Charlesworth



SECRETARY: G Kimsey



REGISTERED OFFICE: Unit 2 Hassall Road
Skegness Industrial Estate
Skegness
Lincolnshire
PE25 3TB



REGISTERED NUMBER: 02369272 (England and Wales)



ACCOUNTANTS: Dexter & Sharpe
Chartered Certified Accountants
Rollestone House
20-22 Bridge Street
Horncastle
Lincolnshire
LN9 5HZ



BANKERS: HSBC Bank plc
49 Lumley Road
Skegness
Lincolnshire
PE25 3LW
Page 1
UNIQUE CAR MATS (U.K.) LTD (REGISTERED NUMBER: 02369272)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 75 225
Tangible assets 3 106,457 115,319
106,532 115,544

CURRENT ASSETS
Stocks 380,762 394,971
Debtors 322,388 333,489
Cash at bank and in hand 111,343 83,011
814,493 811,471
CREDITORS
Amounts falling due within one year 4 427,957 663,005
NET CURRENT ASSETS 386,536 148,466
TOTAL ASSETS LESS CURRENT
LIABILITIES
493,068
264,010

CREDITORS
Amounts falling due after more than one year 4 (2,594 ) (1,479 )

PROVISIONS FOR LIABILITIES (17,085 ) (17,248 )
NET ASSETS 473,389 245,283

CAPITAL AND RESERVES
Called up share capital 5 8,025 8,025
Profit and loss account 465,364 237,258
SHAREHOLDERS' FUNDS 473,389 245,283

The notes form part of these abbreviated accounts

Page 2 continued...
UNIQUE CAR MATS (U.K.) LTD (REGISTERED NUMBER: 02369272)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2014


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 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 18 December 2014 and were signed on its behalf by:




G Kimsey - Director



P Kimsey - Director


The notes form part of these abbreviated accounts

Page 3
UNIQUE CAR MATS (U.K.) LTD (REGISTERED NUMBER: 02369272)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014


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 amounts charged to customers for good and services provided during the period, excluding value
added tax and trade discounts. Sales are recognised upon delivery to the customer, or upon collection by the customer.

Intangible assets
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Patents and licences - Straight line over 5 years

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire
purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over
their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital
element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to the profit and loss account in the period to which they relate.

Page 4 continued...
UNIQUE CAR MATS (U.K.) LTD (REGISTERED NUMBER: 02369272)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2014


1. ACCOUNTING POLICIES - continued

Debt factoring
The company has entered into a invoice discounting agreement whereby a proportion of its debt is discounted. The gross
amount of debtors are shown in current assets and the amounts owed are shown in current liabilities.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2013
and 30 September 2014 10,869
AMORTISATION
At 1 October 2013 10,644
Amortisation for year 150
At 30 September 2014 10,794
NET BOOK VALUE

At 30 September 2014 75
At 30 September 2013 225

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2013 580,164
Additions 22,935
At 30 September 2014 603,099
DEPRECIATION
At 1 October 2013 464,845
Charge for year 31,797
At 30 September 2014 496,642
NET BOOK VALUE
At 30 September 2014 106,457
At 30 September 2013 115,319

4. CREDITORS

Creditors include an amount of £ 4,852 (2013 - £ 5,029 ) for which security has been given.

Page 5 continued...
UNIQUE CAR MATS (U.K.) LTD (REGISTERED NUMBER: 02369272)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2014


5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
Value £ £
100 Ordinary A £1 100 100

100		 Ordinary B
Non-voting

£1
100

100
315 Ordinary C £1 315 315
260 Ordinary D £1 260 260
350 Ordinary G £1 350 350
1,125 1,125




Allotted and issued:
Number: Class: Nominal 2014 2013
Value £ £
440,000 Class E £1 4,400 4,400
250,000 Class F £1 2,500 2,500
6,900 6,900

Page 6