Registered Number 06979694

UGXPERTS LIMITED

Abbreviated Accounts

31 August 2014

UGXPERTS LIMITED Registered Number 06979694

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 145 193
Investments - -
145 193
Current assets
Stocks - -
Debtors 16,455 3,311
Investments - -
Cash at bank and in hand 11,012 4,941
27,467 8,252
Prepayments and accrued income - -
Creditors: amounts falling due within one year (11,473) (3,890)
Net current assets (liabilities) 15,994 4,362
Total assets less current liabilities 16,139 4,555
Provisions for liabilities - (64)
Total net assets (liabilities) 16,139 4,491
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 15,139 3,491
Shareholders' funds 16,139 4,491
  • For the year ending 31 August 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 5 May 2015

And signed on their behalf by:
Claire Parsons, Director

UGXPERTS LIMITED Registered Number 06979694

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

1Accounting Policies

Basis of measurement and preparation of accounts
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting
Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting
Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment reducing balance 25%
1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred
by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the
future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain.
Deferred tax assets and liabilities recognised have not been discounted.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade
discounts.

2 Tangible fixed assets
£
Cost
At 1 September 2013 718
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2014 718
Depreciation
At 1 September 2013 525
Charge for the year 48
On disposals -
At 31 August 2014 573
Net book values
At 31 August 2014 145
At 31 August 2013 193

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