Ur-Sltn Ltd - Period Ending 2014-02-28

Registration number: 07539499

Ur-Sltn Ltd

Unaudited Abbreviated Accounts

for the Year Ended 28 February 2014
 

Ur-Sltn Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Ur-Sltn Ltd
(Registration number: 07539499)
Abbreviated Balance Sheet at 28 February 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					160			715
Current assets
Cash at bank and in hand					9,380			16,006
Creditors: Amounts falling due within one year					(11,064)			(14,921)
Net current (liabilities)/assets					(1,684)			1,085
Net (liabilities)/assets					(1,524)			1,800
Capital and reserves
Called up share capital		3			10			10
Profit and loss account					(1,534)			1,790
Shareholders' (deficit)/funds					(1,524)			1,800

For the year ending 28 February 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 26 November 2014 and signed on its behalf by:

.........................................
Mr A J Abbott
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Ur-Sltn Ltd
Notes to the Abbreviated Accounts for the Year Ended 28 February 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis as the company continues to trade with the support of the director.

Turnover

Turnover is recognised when the company obtains the right to consideration.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Computer equipment	33% on cost

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 March 2013		1,666			1,666
At 28 February 2014		1,666			1,666
Depreciation
At 1 March 2013		951			951
Charge for the year		555			555
At 28 February 2014		1,506			1,506
Net book value
At 28 February 2014		160			160
At 28 February 2013		715			715

Page 2

Ur-Sltn Ltd
Notes to the Abbreviated Accounts for the Year Ended 28 February 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary of £1 each		10			10			10			10

Page 3