Registered number: 02679629 | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
FOR THE YEAR ENDED 31/05/2017 | ||||||||
|
||||||||
Prepared By: | ||||||||
Deben Accounting Services Ltd |
|
||||||||
ULTRA GLOW COSMETICS LTD | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2017 | ||||||||
DIRECTORS | ||||||||
|
||||||||
SECRETARY | ||||||||
C.Lockwood | ||||||||
REGISTERED OFFICE | ||||||||
|
||||||||
|
||||||||
|
||||||||
Suffolk | ||||||||
|
||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 02679629 | ||||||||
ACCOUNTANTS | ||||||||
Deben Accounting Services Ltd | ||||||||
270 Colchester Road | ||||||||
Ipswich | ||||||||
IP4 4QX |
|
||||||||
ULTRA GLOW COSMETICS LTD | ||||||||
|
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2017 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
|
||||||||
ULTRA GLOW COSMETICS LTD | ||||||||
|
BALANCE SHEET AT
|
||||||||||
2017 | 2016 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
|
|
|||||||
CURRENT ASSETS | ||||||||||
Stock | 177,638 | 142,638 | ||||||||
Debtors | 4 | 98,030 | 76,619 | |||||||
Cash at bank and in hand |
|
|
||||||||
294,176 | 256,666 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | 46,327 | 61,685 | |||||||
NET CURRENT ASSETS | 247,849 | 194,981 | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | 255,432 | 203,361 | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | 50,000 | 50,000 | |||||||
Profit and loss account | 205,432 | 153,361 | ||||||||
SHAREHOLDERS' FUNDS |
|
203,361 | ||||||||
|
||||||||||
|
||||||||||
|
||||||||||
|
||||||||||
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on
|
||||||||||
............................. | ||||||||||
|
||||||||||
Director | ||||||||||
|
||||||||
ULTRA GLOW COSMETICS LTD | ||||||||
|
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2017 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
|
||||||||
Plant and Machinery | straight line 25% | |||||||
Motor Cars | reducing balance 25% |
1c. Stocks | ||||||||
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
2. TANGIBLE FIXED ASSETS | ||||||||
Plant and | ||||||||
Machinery | Equipment | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/06/2016 | 48,174 | 95,023 | 10,145 | 153,342 | ||||
Additions | 1,731 | - | - | 1,731 | ||||
At 31/05/2017 | 49,905 | 95,023 | 10,145 | 155,073 | ||||
Depreciation | ||||||||
At 01/06/2016 | 41,064 | 95,023 | 8,875 | 144,962 | ||||
For the year | 2,210 | - | 318 | 2,528 | ||||
At 31/05/2017 | 43,274 | 95,023 | 9,193 | 147,490 | ||||
Net Book Amounts | ||||||||
At 31/05/2017 |
|
|
|
|
||||
At 31/05/2016 |
|
|
|
|
||||
|
||||||||
ULTRA GLOW COSMETICS LTD | ||||||||
|
3. STOCK | 2017 | 2016 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock |
|
|
||||
|
|
4. DEBTORS | 2017 | 2016 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 87,284 | 76,619 | ||||||
Prepayments | 10,746 | - | ||||||
|
|
|||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2017 | 2016 | |||||||
£ | £ | |||||||
UK corporation tax | 12,929 | 17,411 | ||||||
VAT | 9,194 | 9,761 | ||||||
PAYE control | 792 | - | ||||||
Directors current account | 822 | 10,000 | ||||||
Trade creditors | 21,889 | 16,627 | ||||||
Other creditors | - | 7,285 | ||||||
Accruals | 701 | 601 | ||||||
46,327 | 61,685 | |||||||
6. EMPLOYEES | ||||||
2017 | 2016 | |||||
No. | No. | |||||
7. SHARE CAPITAL | 2017 | 2016 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
|
50000 | 50000 | ||||||
50,000 | 50,000 | |||||||