The nation's high performance sports agency has invested over £14m of National Lottery and Government funding in backing the country's best athletes over the Sochi 'four-year cycle'.
If the agreed targets are met it would represent Great Britain's best combined Olympic and Paralympic performance in 20 years.
Britain has claimed just one medal at each of the last two Winter Games, with both successes coming in the women's skeleton. Amy Williams took gold in Vancouver in 2010, four years after Shelley Rudman's silver in Turin.
Simon Timson, director of performance at UK Sport, said: "These are challenging targets for the winter sports. UK Sport's record investment of funds and expertise has enabled more sports to develop and deliver world class programmes to more athletes over the past four years.
"The outcome of this investment combined with the sports' hard work has been evident in a growing group of winter athletes consistently competing for medals in World Cups and major Championships over the past 18 months.
"The Olympic and Paralympic Winter Games represent the pinnacle of performance and the challenge is to deliver on the day. I feel confident our athletes, coaches and Performance Directors have left no stone unturned to put themselves in the best possible position to succeed in Sochi."
"During my 24 years involved in winter sport, I cannot remember a time when Great Britain has had so many talented athletes so well prepared."
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