Company Registration No. 07868273 (England and Wales)
Ulterium Limited
Abbreviated unaudited accounts
for the year ended 31 December 2014
Ulterium Limited
Abbreviated Balance Sheet
as at
31 December 2014
Tangible assets
9,842
5,306
Cash at bank and in hand
16,205
26,623
Creditors: amounts falling due within one year
(10,572)
(22,564)
Net current assets
9,158
33,499
Called up share capital
1
1
Profit and loss account
18,999
38,804
Total shareholders' funds
19,000
38,805
For the year ending 31 December 2014 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
Approved by the board on 30 September 2015
Matthew Ayers
Director
Company Registration No. 07868273
Ulterium Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2014
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% Reducing Balance Basis
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2
Tangible fixed assets
Plant & machinery
At 31 December 2014
16,086
Charge for the year
3,280
At 31 December 2014
6,244
At 31 December 2014
9,842
At 31 December 2013
5,306
3
Share capital
2014
2013
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1