Registered Number 03782369

UNIQUE WINDOWS LIMITED

Abbreviated Accounts

30 June 2012

UNIQUE WINDOWS LIMITED Registered Number 03782369

Abbreviated Balance Sheet as at 30 June 2012

Notes 2012 2011
£ £
Fixed assets
Tangible assets 2 8,567 10,745
8,567 10,745
Current assets
Stocks 8,202 11,259
Debtors 66,027 56,709
74,229 67,968
Creditors: amounts falling due within one year (101,624) (130,548)
Net current assets (liabilities) (27,395) (62,580)
Total assets less current liabilities (18,828) (51,835)
Total net assets (liabilities) (18,828) (51,835)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (18,928) (51,935)
Shareholders' funds (18,828) (51,835)
  • For the year ending 30 June 2012 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 25 March 2013

And signed on their behalf by:
F Rodia, Director

UNIQUE WINDOWS LIMITED Registered Number 03782369

Notes to the Abbreviated Accounts for the period ended 30 June 2012

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


Deferred tax
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes, except to the extent that the effect of applying this policy is not material to the financial statements. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.


Going concern
Despite the current economic climate, the company continues to receive new orders and estimates, and the director anticipates the company to maintain profitability. The company continues to operate within its overdraft. The director has therefore adopted the going concern basis of accounting in the preparation of these financial statements.

2Tangible fixed assets
£
Cost
At 1 July 2011 96,538
Additions 676
Disposals -
Revaluations -
Transfers -
At 30 June 2012 97,214
Depreciation
At 1 July 2011 85,793
Charge for the year 2,854
On disposals -
At 30 June 2012 88,647
Net book values
At 30 June 2012 8,567
At 30 June 2011 10,745
3Called Up Share Capital
Allotted, called up and fully paid:
2012
£
2011
£
100 Ordinary shares of £1 each 100 100