UNIVERSAL M & E LTD.

UNIVERSAL M & E LTD.

UNIVERSAL M & E LTD. - Company Information

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UNIVERSAL M & E LTD.

Company Registration Number:
09557480 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2018

Period of accounts

Start date: 01 May 2017

End date: 30 April 2018

UNIVERSAL M & E LTD.

Contents of the Financial Statements

for the Period Ended 30 April 2018

Balance sheet
Notes

UNIVERSAL M & E LTD.

Balance sheet

As at 30 April 2018


Notes
2018
2017


£
£
Current assets
Stocks: 211,351 0
Debtors:   1,183,343 645,542
Cash at bank and in hand: 84,613 4,237
Total current assets: 1,479,307 649,779
Creditors: amounts falling due within one year:   (1,461,588) (645,813)
Net current assets (liabilities): 17,719 3,966
Total assets less current liabilities: 17,719 3,966
Total net assets (liabilities): 17,719 3,966
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 16,719 2,966
Shareholders funds: 17,719 3,966

The notes form part of these financial statements

UNIVERSAL M & E LTD.

Balance sheet statements

For the year ending 30 April 2018 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 December 2018
and signed on behalf of the board by:

Name: Ms M Smith
Status: Director

The notes form part of these financial statements

UNIVERSAL M & E LTD.

Notes to the Financial Statements

for the Period Ended 30 April 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Valuation and information policy

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

Other accounting policies

The company operates a defined contribution pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year.