Abbreviated Company Accounts - UFLEX EUROPE LIMITED

Abbreviated Company Accounts - UFLEX EUROPE LIMITED

UFLEX EUROPE LIMITED - Company Information

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Registered Number 05086797

UFLEX EUROPE LIMITED

Abbreviated Accounts

31 March 2014

UFLEX EUROPE LIMITED Registered Number 05086797

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 65,114 31,087
65,114 31,087
Current assets
Stocks 2,043,001 2,426,480
Debtors 2,230,635 1,404,986
Cash at bank and in hand 231,245 61,330
4,504,881 3,892,796
Creditors: amounts falling due within one year (4,958,854) (4,737,028)
Net current assets (liabilities) (453,973) (844,232)
Total assets less current liabilities (388,859) (813,145)
Creditors: amounts falling due after more than one year - (13,625)
Total net assets (liabilities) (388,859) (826,770)
Capital and reserves
Called up share capital 995,000 995,000
Profit and loss account (1,383,859) (1,821,770)
Shareholders' funds (388,859) (826,770)
  • For the year ending 31 March 2014 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 7 May 2014

And signed on their behalf by:
P SRIVASTAVA, Director

UFLEX EUROPE LIMITED Registered Number 05086797

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 April 2013 56,016
Additions 89,805
Disposals (39,500)
Revaluations -
Transfers -
At 31 March 2014 106,321
Depreciation
At 1 April 2013 24,929
Charge for the year 23,520
On disposals (7,242)
At 31 March 2014 41,207
Net book values
At 31 March 2014 65,114
At 31 March 2013 31,087