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REGISTERED NUMBER: 09092236 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Uk Sandbags Limited

Uk Sandbags Limited (Registered number: 09092236)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Uk Sandbags Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: C Midson





REGISTERED OFFICE: Unit 33 Century Business Centre
Century Business Park
Manvers
Rotherham
South Yorkshire
S63 5DA





REGISTERED NUMBER: 09092236 (England and Wales)






Uk Sandbags Limited (Registered number: 09092236)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 223,024 104,706

CURRENT ASSETS
Stocks 16,000 30,000
Debtors 5 169,841 74,299
Cash at bank 36,995 57,179
222,836 161,478
CREDITORS
Amounts falling due within one year 6 162,984 96,694
NET CURRENT ASSETS 59,852 64,784
TOTAL ASSETS LESS CURRENT
LIABILITIES

282,876

169,490

CREDITORS
Amounts falling due after more than one year 7 (170,804 ) (68,174 )

PROVISIONS FOR LIABILITIES (55,756 ) (19,894 )
NET ASSETS 56,316 81,422

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 56,314 81,420
SHAREHOLDERS' FUNDS 56,316 81,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Uk Sandbags Limited (Registered number: 09092236)

Balance Sheet - continued
31 May 2023


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 20 February 2024 and were signed by:





C Midson - Director


Uk Sandbags Limited (Registered number: 09092236)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Uk Sandbags 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 20% on cost

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Uk Sandbags Limited (Registered number: 09092236)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

2. ACCOUNTING POLICIES - continued

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 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 135,268
Additions 167,319
Disposals (14,064 )
At 31 May 2023 288,523
DEPRECIATION
At 1 June 2022 30,562
Charge for year 37,222
Eliminated on disposal (2,285 )
At 31 May 2023 65,499
NET BOOK VALUE
At 31 May 2023 223,024
At 31 May 2022 104,706

Uk Sandbags Limited (Registered number: 09092236)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 June 2022 73,965
Additions 164,637
At 31 May 2023 238,602
DEPRECIATION
At 1 June 2022 16,026
Charge for year 27,001
At 31 May 2023 43,027
NET BOOK VALUE
At 31 May 2023 195,575
At 31 May 2022 57,939

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 85,557 63,888
Other debtors 84,284 10,411
169,841 74,299

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 14,057 7,775
Hire purchase contracts 40,389 12,534
Trade creditors 76,002 35,876
Taxation and social security 19,569 33,494
Other creditors 12,967 7,015
162,984 96,694

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans 32,055 27,114
Hire purchase contracts 138,749 41,060
170,804 68,174

Uk Sandbags Limited (Registered number: 09092236)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.23 31.5.22
£    £   
Bank loans 46,112 34,889
Hire purchase contracts 179,138 53,594
225,250 88,483

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 June 2022 81,420
Profit for the year 9,894
Dividends (35,000 )
At 31 May 2023 56,314

11. RELATED PARTY DISCLOSURES

Included in debtors is £82,752 (2022: £6,281) in respect of a loan to the director. Interest is charged on the loan at 2.25% per annum with no fixed repayment terms.