IRIS Accounts Production v23.2.0.158 05117003 Board of Directors 1.5.22 30.4.23 30.4.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure051170032022-04-30051170032023-04-30051170032022-05-012023-04-30051170032021-04-30051170032021-05-012022-04-30051170032022-04-3005117003ns16:EnglandWales2022-05-012023-04-3005117003ns15:PoundSterling2022-05-012023-04-3005117003ns11:Director12022-05-012023-04-3005117003ns11:PrivateLimitedCompanyLtd2022-05-012023-04-3005117003ns11:SmallEntities2022-05-012023-04-3005117003ns11:AuditExempt-NoAccountantsReport2022-05-012023-04-3005117003ns11:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3005117003ns11:SmallCompaniesRegimeForAccounts2022-05-012023-04-3005117003ns11:FullAccounts2022-05-012023-04-3005117003ns11:Director22022-05-012023-04-3005117003ns11:Director32022-05-012023-04-3005117003ns11:Director42022-05-012023-04-3005117003ns11:Director52022-05-012023-04-3005117003ns11:Director62022-05-012023-04-3005117003ns11:Director72022-05-012023-04-3005117003ns11:Director82022-05-012023-04-3005117003ns11:Director92022-05-012023-04-3005117003ns11:Director102022-05-012023-04-3005117003ns11:CompanySecretary12022-05-012023-04-3005117003ns11:RegisteredOffice2022-05-012023-04-3005117003ns6:CurrentFinancialInstruments2023-04-3005117003ns6:CurrentFinancialInstruments2022-04-3005117003ns6:ShareCapital2023-04-3005117003ns6:ShareCapital2022-04-3005117003ns6:CapitalRedemptionReserve2023-04-3005117003ns6:CapitalRedemptionReserve2022-04-3005117003ns6:RetainedEarningsAccumulatedLosses2023-04-3005117003ns6:RetainedEarningsAccumulatedLosses2022-04-3005117003ns6:PlantMachinery2022-04-3005117003ns6:PlantMachinery2022-05-012023-04-3005117003ns6:PlantMachinery2023-04-3005117003ns6:PlantMachinery2022-04-3005117003ns6:WithinOneYearns6:CurrentFinancialInstruments2023-04-3005117003ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-30
REGISTERED NUMBER: 05117003 (England and Wales)


















UKBS Limited

Unaudited Financial Statements for the Year Ended 30th April 2023






UKBS Limited (Registered number: 05117003)






Contents of the Financial Statements
for the year ended 30th April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


UKBS Limited

Company Information
for the year ended 30th April 2023







DIRECTORS: I Cook
R Benson
A Clark
R Hoile
D McDonald
M McKevitt
S Nesbitt
P S Purslow
T Rollestone
T Rawlings





SECRETARY: T Rawlings





REGISTERED OFFICE: Broadway House
74-76 Broadway
Leigh on Sea
Essex
SS9 1AE





REGISTERED NUMBER: 05117003 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

UKBS Limited (Registered number: 05117003)

Balance Sheet
30th April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 488

CURRENT ASSETS
Debtors 5 54,832 136,038
Cash at bank 230,956 222,185
285,788 358,223
CREDITORS
Amounts falling due within one year 6 58,847 155,786
NET CURRENT ASSETS 226,941 202,437
TOTAL ASSETS LESS CURRENT
LIABILITIES

226,941

202,925

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Capital redemption reserve 80,000 80,000
Retained earnings 46,941 22,925
SHAREHOLDERS' FUNDS 226,941 202,925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 17th October 2023 and were signed on its behalf by:





I Cook - Director


UKBS Limited (Registered number: 05117003)

Notes to the Financial Statements
for the year ended 30th April 2023

1. STATUTORY INFORMATION

UKBS 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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from procurement services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the proportion of costs to date compared to total expected costs.

When the outcome cannot be measured reliably, turnover is recognised only to the extent of the expense recognised that are recoverable.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery etc - 25% on reducing balance

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

UKBS Limited (Registered number: 05117003)

Notes to the Financial Statements - continued
for the year ended 30th April 2023

2. ACCOUNTING POLICIES - continued

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and are receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st May 2022 70,605
Disposals (70,605 )
At 30th April 2023 -
DEPRECIATION
At 1st May 2022 70,117
Charge for year 122
Eliminated on disposal (70,239 )
At 30th April 2023 -
NET BOOK VALUE
At 30th April 2023 -
At 30th April 2022 488

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 54,832 122,759
Amounts recoverable on contract - 2,256
Other debtors - 11,023
54,832 136,038

UKBS Limited (Registered number: 05117003)

Notes to the Financial Statements - continued
for the year ended 30th April 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 47,783 128,183
Taxation and social security 7,114 3,223
Other creditors 3,950 24,380
58,847 155,786

7. RELATED PARTY DISCLOSURES

Entities with significant influence over the entity

2023 2022
£ £
Sales 46,140 59,645
Purchases 384,452 235,733
Amount due from related parties 2,676 1,560
Amount due to related parties 43,356 95,991