Ur-Sltn Ltd - Period Ending 2015-02-28

Ur-Sltn Ltd - Period Ending 2015-02-28


Ur-Sltn Ltd07539499falsetrue2014-03-012015-02-282015-02-28075394992014-03-012015-02-28075394992015-02-2807539499uk-bus:OrdinaryShareClass12015-02-2807539499uk-bus:OrdinaryShareClass22015-02-2807539499uk-bus:Director12014-03-012015-02-2807539499uk-bus:OrdinaryShareClass12014-03-012015-02-2807539499uk-bus:OrdinaryShareClass22014-03-012015-02-2807539499uk-gaap:ComputerEquipment2014-03-012015-02-2807539499uk-gaap:FixturesFittings2014-03-012015-02-28075394992014-02-28075394992014-02-2807539499uk-bus:OrdinaryShareClass12014-02-2807539499uk-bus:OrdinaryShareClass22014-02-28iso4217:GBPxbrli:shares

Registration number: 07539499

Ur-Sltn Ltd

Unaudited Abbreviated Accounts

for the Year Ended 28 February 2015
 

 

Ur-Sltn Ltd
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

Ur-Sltn Ltd
(Registration number: 07539499)
Abbreviated Balance Sheet at 28 February 2015

   

Note

   

2015
£

   

2014
£

 

Fixed assets

 

             

Tangible fixed assets

 

   

557

   

160

 

Current assets

 

             

Debtors

 

   

21,752

   

-

 

Cash at bank and in hand

 

   

8,410

   

9,380

 
   

   

30,162

   

9,380

 

Creditors: Amounts falling due within one year

 

   

(30,295)

   

(11,064)

 

Net current liabilities

 

   

(133)

   

(1,684)

 

Net assets/(liabilities)

 

   

424

   

(1,524)

 

Capital and reserves

 

             

Called up share capital

 

3

   

20

   

10

 

Profit and loss account

 

   

404

   

(1,534)

 

Shareholders' funds/(deficit)

 

   

424

   

(1,524)

 

For the year ending 28 February 2015 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.

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

Approved by the Board on 14 May 2015 and signed on its behalf by:

.........................................
Mr A J Abbott
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

Ur-Sltn Ltd
Notes to the Abbreviated Accounts for the Year Ended 28 February 2015
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover is recognised when the company obtains the right to consideration.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% on cost

Computer equipment

33% on cost

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

2

Fixed assets

   

Tangible assets
£

   

Total
£

 

Cost

           

At 1 March 2014

 

1,666

   

1,666

 

Additions

 

806

   

806

 

At 28 February 2015

 

2,472

   

2,472

 

Depreciation

           

At 1 March 2014

 

1,506

   

1,506

 

Charge for the year

 

409

   

409

 

At 28 February 2015

 

1,915

   

1,915

 

Net book value

           

At 28 February 2015

 

557

   

557

 

At 28 February 2014

 

160

   

160

 
 

Ur-Sltn Ltd
Notes to the Abbreviated Accounts for the Year Ended 28 February 2015
......... continued

3

Share capital

Allotted, called up and fully paid shares

 

2015

2014

   

No.

   

£

   

No.

   

£

 

Ordinary A of £0.10 (2014 - £1) each

 

100

   

10

   

10

   

10

 

Ordinary B of £0.10 (2014 - £0.00) each

 

100

   

10

   

-

   

-

 
   

200

   

20

   

10

   

10

 

New shares allotted

During the year 100 Ordinary B having an aggregate nominal value of £10 were allotted for an aggregate consideration of £10.