Uniform Communications Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03652521 (England and Wales)

Abbreviated Accounts for the Year Ended 31 May 2014

for

Uniform Communications Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

N M Howe

N J Bentley

L D R Jones

P J Thomas

T Sharp

S Ardern

SECRETARY:

N M Howe

REGISTERED OFFICE:

Third Floor, Link 19, 9-19 Bold Street

Liverpool

L1 4DN

REGISTERED NUMBER:

03652521 (England and Wales)

ACCOUNTANTS:

Cobham Murphy Limited

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

296,065

285,501

296,065

285,501

CURRENT ASSETS

Stocks

43,872

36,185

Debtors

568,646

402,638

Cash at bank and in hand

47,148

77,005

659,666

515,828

CREDITORS

Amounts falling due within one year

4

516,825

440,537

NET CURRENT ASSETS

142,841

75,291

TOTAL ASSETS LESS CURRENT LIABILITIES

438,906

360,792

CREDITORS

Amounts falling due after more than one year

4

(99,298

)

(143,061

)

PROVISIONS FOR LIABILITIES

(32,264

)

(16,929

)

NET ASSETS

307,344

200,802

CAPITAL AND RESERVES

Called up share capital

5

900

850

Profit and loss account

306,444

199,952

SHAREHOLDERS' FUNDS

307,344

200,802

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 13 November 2014 and were signed on its behalf by:

N M Howe - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

at variable rates on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

5,106

AMORTISATION

At 1 June 2013

and 31 May 2014

5,106

NET BOOK VALUE

At 31 May 2014

-

At 31 May 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

616,257

Additions

69,948

At 31 May 2014

686,205

DEPRECIATION

At 1 June 2013

330,756

Charge for year

59,384

At 31 May 2014

390,140

NET BOOK VALUE

At 31 May 2014

296,065

At 31 May 2013

285,501

4.

CREDITORS

Creditors include an amount of £ 217,843 (31.5.13 - £ 216,336 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

900

Ordinary

£1

900

850

(31.5.13 - 850 )

50 Ordinary shares of £1 were issued during the year for cash of £ 50 .

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors operate a current account to which transactions of a private nature are posted. As at the year end

the following balances were included in other creditors,

2014

2013

£

£

N M Howe

(3,706

)

(3,077

)

N J Bentley

(5,699

)

(4,571

)

L D R Jones

(3,882

)

(7,424

)

P J Thomas

(4,486

)

(15,208

)

T Sharp

(5,867

)

(4,409

)

S Ardern

(5,867

)

(4,459

)

7.	RELATED PARTY DISCLOSURES