Company Registration No. SC529264 (Scotland)
Uch Design Lab Limited
Unaudited accounts
for the year ended 31 March 2023
Uch Design Lab Limited
Unaudited accounts
Contents
Uch Design Lab Limited
Company Information
for the year ended 31 March 2023
Directors
Mario Martins
Raquel Martins
Company Number
SC529264 (Scotland)
Registered Office
2a Station Yard
Hospital Road
Haddington
East Lothian
EH41 3PP
United Kingdom
Accountants
AGL Tax Solutions LLP
2A Station Yard
Haddington
East Lothian
EH41 3PP
Uch Design Lab Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
17
327
Creditors: amounts falling due within one year
(6,752)
(6,041)
Net current liabilities
(6,735)
(5,714)
Net liabilities
(6,735)
(5,714)
Called up share capital
2
2
Profit and loss account
(6,737)
(5,716)
Shareholders' funds
(6,735)
(5,714)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by
Mario Martins
Director
Company Registration No. SC529264
Uch Design Lab Limited
Notes to the Accounts
for the year ended 31 March 2023
Uch Design Lab Limited is a private company, limited by shares, registered in Scotland, registration number SC529264. The registered office is 2a Station Yard, Hospital Road, Haddington, East Lothian, EH41 3PP, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Creditors: amounts falling due within one year
2023
2022
Loans from directors
6,752
6,041
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).