2022-08-01 2023-07-31 false No description of principal activity Capium Accounts Production 1.1 10852099 bus:AbridgedAccounts 2022-08-01 2023-07-31 10852099 bus:FRS102 2022-08-01 2023-07-31 10852099 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 10852099 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 10852099 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10852099 2022-08-01 2023-07-31 10852099 2023-07-31 10852099 bus:RegisteredOffice 2022-08-01 2023-07-31 10852099 core:WithinOneYear 2023-07-31 10852099 core:AfterOneYear 2023-07-31 10852099 bus:Director1 2022-08-01 2023-07-31 10852099 bus:Director1 2023-07-31 10852099 bus:Director1 2021-08-01 2022-07-31 10852099 bus:Director2 2022-08-01 2023-07-31 10852099 bus:Director2 2023-07-31 10852099 bus:Director2 2021-08-01 2022-07-31 10852099 2021-08-01 10852099 bus:CompanySecretary1 2022-08-01 2023-07-31 10852099 bus:LeadAgentIfApplicable 2022-08-01 2023-07-31 10852099 2021-08-01 2022-07-31 10852099 2022-07-31 10852099 core:WithinOneYear 2022-07-31 10852099 core:AfterOneYear 2022-07-31 10852099 bus:EntityAccountantsOrAuditors 2021-08-01 2022-07-31 10852099 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 10852099 bus:OrdinaryShareClass1 2023-07-31 10852099 bus:OrdinaryShareClass1 2021-08-01 2022-07-31 10852099 bus:OrdinaryShareClass1 2022-07-31 10852099 core:ComputerEquipment 2022-08-01 2023-07-31 10852099 core:ComputerEquipment 2023-07-31 10852099 core:ComputerEquipment 2022-07-31 10852099 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 10852099 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-07-31 10852099 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 10852099 core:CostValuation core:Non-currentFinancialInstruments 2022-07-31 10852099 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-07-31 10852099 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 10852099 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 10852099 core:Non-currentFinancialInstruments 2023-07-31 10852099 core:Non-currentFinancialInstruments 2022-07-31 10852099 core:ShareCapital 2023-07-31 10852099 core:ShareCapital 2022-07-31 10852099 core:RetainedEarningsAccumulatedLosses 2023-07-31 10852099 core:RetainedEarningsAccumulatedLosses 2022-07-31 10852099 dpl:Item1 2022-08-01 10852099 dpl:Item1 2023-07-31 10852099 dpl:Item1 2021-08-01 10852099 dpl:Item1 2022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 10852099


 

 

 

UK GUMMY COMPANY LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 August 2022

End date: 31 July 2023
Report to the directors on the preparation of the unaudited statutory accounts of UK Gummy Company Limited for the year ended 31 July 2023. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of UK Gummy Company Limited for the year ended 31 July 2023 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of UK Gummy Company Limited, as a body, in accordance with the terms of our engagement letter dated 02 September 2020. Our work has been undertaken solely to prepare for your approval the accounts of UK Gummy Company Limited and state those matters that we have agreed to state to the Board of Directors of UK Gummy Company Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than UK Gummy Company Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that UK Gummy Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of UK Gummy Company Limited. You consider that UK Gummy Company 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 accounts of UK Gummy Company 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 accounts for the period ended 31 July 2023.



....................................................
Baranov Associates Ltd
4 Academy Close
Kirkby Stephen
Cumbria
CA17 4JG
17 April 2024
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 414    621 
414    621 
Current assets      
Stocks   20,958 
Debtors 483,954   
Cash at bank and in hand 508,867    77,222 
992,821    98,180 
Creditors: amount falling due within one year (480,895)   (59,678)
Net current assets 511,926    38,502 
 
Total assets less current liabilities 512,340    39,123 
Creditors: amount falling due after more than one year (11,667)   (18,333)
Provisions for liabilities (79)   (118)
Net assets 500,594    20,672 
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account 500,494    20,572 
Shareholder's funds 500,594    20,672 
 


For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 17 April 2024 and were signed on its behalf by:


-------------------------------
Thomas Walsh
Director
2
General Information
UK Gummy Company Limited is a private company, limited by shares, registered in , registration number 10852099, registration address 119 Cimla Road, Neath, Castell-Nedd Port Talbot, SA11 3UE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 3 Years 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. Cost includes all direct costs.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 1).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 August 2022 1,574    1,574 
Additions  
Disposals  
At 31 July 2023 1,574    1,574 
Depreciation
At 01 August 2022 953    953 
Charge for year 207    207 
On disposals  
At 31 July 2023 1,160    1,160 
Net book values
Closing balance as at 31 July 2023 414    414 
Opening balance as at 01 August 2022 621    621 


4.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
100 Ordinary shares of £1.00 each 100    100 
100    100 

3