Abbreviated Company Accounts - UMC FOODS LTD

SC469538 UMC FOODS LTD 2016-02-28 false 2015-03-01 2016-02-28 true SC469538 2015-03-01 2016-02-28 SC469538 2016-02-28 SC469538 2015-02-28 SC469538 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 SC469538 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number SC469538

UMC FOODS LTD

Abbreviated Accounts

28 February 2016

UMC FOODS LTD Registered Number SC469538

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	42,115	47,057
		42,115	47,057
Current assets
Stocks		2,150	1,750
Cash at bank and in hand		1,771	3,691
		3,921	5,441
Creditors: amounts falling due within one year		(18,686)	(17,514)
Net current assets (liabilities)		(14,765)	(12,073)
Total assets less current liabilities		27,350	34,984
Total net assets (liabilities)		27,350	34,984
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		27,348	34,982
Shareholders' funds		27,350	34,984

For the year ending 28 February 2016 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 3 November 2016

And signed on their behalf by:
Umberto Crolla, Director

UMC FOODS LTD Registered Number SC469538

Notes to the Abbreviated Accounts for the period ended 28 February 2016

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 January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Leasehold properties - 0%
Fixtures, fittings and equipment - 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 March 2015	52,871
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	52,871
Depreciation
At 1 March 2015	5,814
Charge for the year	4,942
On disposals	-
At 28 February 2016	10,756
Net book values
At 28 February 2016	42,115
At 28 February 2015	47,057

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2