Registered Number 09245454

UK 2020 LIMITED

Abbreviated Accounts

31 October 2015

UK 2020 LIMITED Registered Number 09245454

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015
£
Fixed assets
Intangible assets -
Tangible assets 3 3,434
Investments -
3,434
Current assets
Stocks -
Debtors 10,022
Investments -
Cash at bank and in hand 30,820
40,842
Creditors: amounts falling due within one year (7,835 )
Net current assets (liabilities) 33,007
Total assets less current liabilities 36,441
Creditors: amounts falling due after more than one year 0
Provisions for liabilities 0
Accruals and deferred income 0
Total net assets (liabilities) 36,441
Reserves
Income and expenditure account 36,441
Members' funds 36,441

  • For the year ending 31 October 2015 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 8 June 2016

And signed on their behalf by:
O.W. Paterson, Director
C.M. Bullivant, Director

UK 2020 LIMITED Registered Number 09245454

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1 Accounting 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
Income is recognised in the income and expenditure account at the time of receipt of the revenue.

Donated services which can be reasonably quantified are recognised at the customary rate for the service performed at the time the service is provided.

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. - 33% on cost and 25% on reducing balance

Other accounting policies
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 income and expenditure account in the period to which they relate.

OPERATING LEASES
Rentals under operating leases are charged to the income and expenditure account on a straight line basis over the lease term.

2 Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3 Tangible fixed assets
£
Cost
Additions 4,017
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2015 4,017
Depreciation
Charge for the year 583
On disposals 0
At 31 October 2015 583
Net book values
At 31 October 2015 3,434

4 Transactions with directors

Name of director receiving advance or credit: C.M. Bullivant
Description of the transaction: Loan
Balance at 2 October 2014: -
Advances or credits made: £ 1,551
Advances or credits repaid: -
Balance at 31 October 2015: £ 1,551

UK 2020 Ltd agreed to a loan of £1551 for a 3 month travelcard with Thameslink, with repayments to begin from January 2016.