Utopian Bathrooms Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05482313 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

Utopian Bathrooms Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R Sarel

L G Sarel

SECRETARY:

REGISTERED OFFICE:

650 Anlaby Road

Kingston upon Hull

East Yorkshire

HU3 6UU

REGISTERED NUMBER:

05482313 (England and Wales)

ACCOUNTANTS:

Andrew Cooper & Company

Chartered Accountants

650 Anlaby Road

Kingston upon Hull

East Yorkshire

HU3 6UU

FIXED ASSETS

Tangible assets

2

6,507

7,581

CURRENT ASSETS

Stocks

4,260

3,800

Debtors

6,250

4,149

Cash at bank and in hand

5,617

7,815

16,127

15,764

CREDITORS

Amounts falling due within one year

19,776

21,019

NET CURRENT LIABILITIES

(3,649

)

(5,255

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,858

2,326

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

2,658

2,126

SHAREHOLDERS' FUNDS

2,858

2,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 February 2016 and were signed on its behalf by:

R Sarel - 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 goods, excluding value added tax.

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

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

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

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

and 31 January 2016

10,737

DEPRECIATION

At 1 February 2015

3,156

Charge for year

1,074

At 31 January 2016

4,230

NET BOOK VALUE

At 31 January 2016

6,507

At 31 January 2015

7,581

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

£

100

Ordinary

£1

100

100

100

Ordinary "B"

£1

100

100

200

200