Ubiquiem Limited - Limited company - abbreviated

REGISTERED NUMBER: 07352550 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2014

for

Ubiquiem Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Vernet

T J Coleman

G W Jones

SECRETARY:

Mrs T A Vernet

REGISTERED OFFICE:

Flat 5, Mulgrave Hall

Mulgrave Road

Sutton

Surrey

SM2 6LG

REGISTERED NUMBER:

07352550 (England and Wales)

ACCOUNTANTS:

Amherst Accountancy

1st Floor, Springbank House

13 Pembroke Road

Sevenoaks

Kent

TN13 1XR

FIXED ASSETS

Intangible assets

2

37,868

54,100

Tangible assets

3

6,339

10,574

44,207

64,674

CURRENT ASSETS

Debtors

33,979

18,775

Prepayments and accrued income

1,377

Cash at bank

12,983

38,559

48,339

58,711

CREDITORS

Amounts falling due within one year

88,736

45,423

NET CURRENT (LIABILITIES)/ASSETS

(40,397

)

13,288

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,810

77,962

CAPITAL AND RESERVES

Called up share capital

4

90

Profit and loss account

3,720

77,872

SHAREHOLDERS' FUNDS

3,810

77,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 29 May 2015 and were signed on its behalf by:

M Vernet - Director

G W Jones - Director

T J Coleman - Director

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 net invoiced sales of services, excluding value added tax.

Research and development costs

Research and development costs are being amortised over their expected useful life of 5 years on a straight line

basis.

Tangible fixed assets

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

81,158

AMORTISATION

At 1 September 2013

27,058

Amortisation for year

16,232

At 31 August 2014

43,290

NET BOOK VALUE

At 31 August 2014

37,868

At 31 August 2013

54,100

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

17,661

DEPRECIATION

At 1 September 2013

7,087

Charge for year

4,235

At 31 August 2014

11,322

NET BOOK VALUE

At 31 August 2014

6,339

At 31 August 2013

10,574

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

90

Ordinary

1.00

90

Ubiquiem Limited - Limited company - abbreviated - 11.6

Ubiquiem Limited - Limited company - abbreviated - 11.6