Universal Fleet Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03852431 (England and Wales)

Abbreviated Accounts

for the Year Ended

31 October 2015

for

Universal Fleet Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

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

45,949

55,599

Tangible assets

3

3,311

4,415

49,260

60,014

CURRENT ASSETS

Debtors

72,261

65,446

Cash at bank

1,800

537

74,061

65,983

CREDITORS

Amounts falling due within one
year

7,052

16,062

NET CURRENT ASSETS

67,009

49,921

TOTAL ASSETS LESS CURRENT
LIABILITIES

116,269

109,935

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

116,169

109,835

SHAREHOLDERS' FUNDS

116,269

109,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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 9 June 2016 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 January 2015).

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

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

193,000

AMORTISATION

At 1 November 2014

137,401

Amortisation for year

9,650

At 31 October 2015

147,051

NET BOOK VALUE

At 31 October 2015

45,949

At 31 October 2014

55,599

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

16,404

DEPRECIATION

At 1 November 2014

11,989

Charge for year

1,104

At 31 October 2015

13,093

NET BOOK VALUE

At 31 October 2015

3,311

At 31 October 2014

4,415

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100