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Company Registration No. 03247083 (England and Wales)
Underriver Projects Limited Unaudited accounts for the period from 1 January 2023 to 31 August 2023
Underriver Projects Limited Unaudited accounts Contents
Page
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Underriver Projects Limited Company Information for the period from 1 January 2023 to 31 August 2023
Director
Alex Watson
Company Number
03247083 (England and Wales)
Registered Office
Bramblecot Gate Hawkchurch Axminster EX13 5TZ
Accountants
Business Works UK Ltd 4 Lidgett Lane Garforth Leeds West Yorkshire LS25 1EQ
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Underriver Projects Limited Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
291 
Investment property
- 
290,879 
- 
291,170 
Current assets
Debtors
124,229 
22 
Cash at bank and in hand
332 
991 
124,561 
1,013 
Creditors: amounts falling due within one year
(6,879)
(195,584)
Net current assets/(liabilities)
117,682 
(194,571)
Total assets less current liabilities
117,682 
96,599 
Provisions for liabilities
Deferred tax
- 
(3,463)
Net assets
117,682 
93,136 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
117,582 
93,036 
Shareholders' funds
117,682 
93,136 
For the period ending 31 August 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 November 2023 and were signed on its behalf by
Alex Watson Director Company Registration No. 03247083
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Underriver Projects Limited Notes to the Accounts for the period from 1 January 2023 to 31 August 2023
1
Statutory information
Underriver Projects Limited is a private company, limited by shares, registered in England and Wales, registration number 03247083. The registered office is Bramblecot Gate , Hawkchurch , Axminster , EX13 5TZ. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Motor vehicles
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
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Underriver Projects Limited Notes to the Accounts for the period from 1 January 2023 to 31 August 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
1,280 
8,495 
2,520 
1,484 
13,779 
Disposals
(1,280)
(8,495)
(2,520)
(1,484)
(13,779)
At 31 August 2023
- 
- 
- 
- 
- 
Depreciation
At 1 January 2023
1,280 
8,494 
2,520 
1,194 
13,488 
On disposals
(1,280)
(8,494)
(2,520)
(1,194)
(13,488)
At 31 August 2023
- 
- 
- 
- 
- 
Net book value
At 31 August 2023
- 
- 
- 
- 
- 
At 31 December 2022
- 
1 
- 
290 
291 
5
Investment property
2023 
£ 
Fair value at 1 January 2023
290,879 
Disposals
(290,879)
At 31 August 2023
- 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
511 
22 
Other debtors
123,718 
- 
124,229 
22 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
(347)
661 
Taxes and social security
6,226 
1,280 
Loans from directors
- 
192,643 
Accruals
1,000 
1,000 
6,879 
195,584 
8
Average number of employees
During the period the average number of employees was 0 (2022: 0).
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