Universal Fleet Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03852431 (England and Wales)

Abbreviated Accounts

for the Year Ended

31 October 2014

for

Universal Fleet Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R S Walker

REGISTERED OFFICE:

Hales Court

Stourbridge Road

Halesowen

West Midlnds

B63 3TT

REGISTERED NUMBER:

03852431 (England and Wales)

FIXED ASSETS

Intangible assets

2

55,599

65,249

Tangible assets

3

4,415

5,887

60,014

71,136

CURRENT ASSETS

Debtors

65,446

700

Cash at bank

537

807

65,983

1,507

CREDITORS

Amounts falling due within one year

16,062

4,452

NET CURRENT ASSETS/(LIABILITIES)

49,921

(2,945

)

TOTAL ASSETS LESS CURRENT LIABILITIES

109,935

68,191

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

109,835

68,091

SHAREHOLDERS' FUNDS

109,935

68,191

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 15 July 2015 and were signed by:

R S Walker - 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).

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

193,000

AMORTISATION

At 1 November 2013

127,751

Amortisation for year

9,650

At 31 October 2014

137,401

NET BOOK VALUE

At 31 October 2014

55,599

At 31 October 2013

65,249

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

16,404

DEPRECIATION

At 1 November 2013

10,517

Charge for year

1,472

At 31 October 2014

11,989

NET BOOK VALUE

At 31 October 2014

4,415

At 31 October 2013

5,887

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100