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REGISTERED NUMBER: 11213952 (England and Wales)















Unaudited Financial Statements

for the Year Ended 28 February 2023

for

USKVALE JOINERY LIMITED

USKVALE JOINERY LIMITED (REGISTERED NUMBER: 11213952)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

USKVALE JOINERY LIMITED

Company Information
for the Year Ended 28 February 2023







DIRECTOR: D Leighfield





SECRETARY:





REGISTERED OFFICE: Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY





REGISTERED NUMBER: 11213952 (England and Wales)





ACCOUNTANTS: James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY

USKVALE JOINERY LIMITED (REGISTERED NUMBER: 11213952)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,585 23,447

CURRENT ASSETS
Stocks 10,500 11,166
Debtors 5 42,088 30,456
Cash at bank 8,525 28,369
61,113 69,991
CREDITORS
Amounts falling due within one year 6 56,421 65,471
NET CURRENT ASSETS 4,692 4,520
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,277

27,967

CREDITORS
Amounts falling due after more than one year 7 27,342 30,090
NET LIABILITIES (5,065 ) (2,123 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (5,165 ) (2,223 )
SHAREHOLDERS' FUNDS (5,065 ) (2,123 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 October 2023 and were signed by:




D Leighfield - Director


USKVALE JOINERY LIMITED (REGISTERED NUMBER: 11213952)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Uskvale Joinery Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

USKVALE JOINERY LIMITED (REGISTERED NUMBER: 11213952)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 52,585 4,700 57,285
DEPRECIATION
At 1 March 2022 30,875 2,963 33,838
Charge for year 5,428 434 5,862
At 28 February 2023 36,303 3,397 39,700
NET BOOK VALUE
At 28 February 2023 16,282 1,303 17,585
At 28 February 2022 21,710 1,737 23,447

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 36,088 30,456
Amounts recoverable on contract 6,000 -
42,088 30,456

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 6,709 6,709
Hire purchase contracts 2,300 3,885
Trade creditors 2,769 3,807
Taxation and social security 26,681 20,694
Other creditors 17,962 30,376
56,421 65,471

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 26,811 27,224
Hire purchase contracts 531 2,866
27,342 30,090

USKVALE JOINERY LIMITED (REGISTERED NUMBER: 11213952)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
D Leighfield
Balance outstanding at start of year (25,817 ) (42,974 )
Amounts advanced 33,388 30,748
Amounts repaid (24,333 ) (13,591 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (16,762 ) (25,817 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is D Leighfield.

The ultimate controlling party is D Leighfield.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Uskvale Joinery Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Uskvale Joinery Limited for the year ended 28 February 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Uskvale Joinery Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Uskvale Joinery Limited and state those matters that we have agreed to state to the director of Uskvale Joinery Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Uskvale Joinery Limited and its director for our work or for this report.

It is your duty to ensure that Uskvale Joinery Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Uskvale Joinery Limited. You consider that Uskvale Joinery Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Uskvale Joinery Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY


6 October 2023