Company Registration No. 09225645 (England and Wales)
U&A Builder LTD
Unaudited accounts
for the year ended 30 September 2023
U&A Builder LTD
Unaudited accounts
Contents
U&A Builder LTD
Company Information
for the year ended 30 September 2023
Directors
Urim Kurti
Aryan Kurti
Company Number
09225645 (England and Wales)
Registered Office
55 St Albans Rd East
United Kingdom
AL10 0EJ
Accountants
Agents For Accounting Ltd
Apex House, 2nd Floor
Grand Arcade
London
N12 0EH
U&A Builder LTD
Statement of financial position
as at 30 September 2023
Tangible assets
24,240
10,911
Cash at bank and in hand
27,300
79,843
Creditors: amounts falling due within one year
(64,667)
(94,501)
Net current (liabilities)/assets
(4,078)
10,421
Total assets less current liabilities
20,162
21,332
Creditors: amounts falling due after more than one year
-
(12,086)
Provisions for liabilities
Deferred tax
(3,187)
(5,170)
Called up share capital
100
100
Profit and loss account
16,875
3,976
Shareholders' funds
16,975
4,076
For the year ending 30 September 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 29 January 2024 and were signed on its behalf by
Urim Kurti
Director
Company Registration No. 09225645
U&A Builder LTD
Notes to the Accounts
for the year ended 30 September 2023
U&A Builder LTD is a private company, limited by shares, registered in England and Wales, registration number 09225645. The registered office is 55 St Albans Rd East, United Kingdom, AL10 0EJ.
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 as modified by the revaluation of certain fixed assets.
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
Straight Line Method - 25%
Motor vehicles
Straight Line Method - 20%
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2022
59,423
5,366
64,789
Disposals
(25,887)
-
(25,887)
At 30 September 2023
63,531
5,366
68,897
At 1 October 2022
49,068
4,810
53,878
Charge for the year
5,999
312
6,311
On disposals
(15,532)
-
(15,532)
At 30 September 2023
39,535
5,122
44,657
At 30 September 2023
23,996
244
24,240
At 30 September 2022
10,355
556
10,911
U&A Builder LTD
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Accrued income and prepayments
-
20,691
Other debtors
33,289
4,388
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
37,033
Obligations under finance leases and hire purchase contracts
-
1,305
Taxes and social security
7,196
11,698
Loans from directors
52,281
41,403
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
12,086
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises
During the year, the company owed £24,976 and £27,305 to the director of the company.
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Average number of employees
During the year the average number of employees was 4 (2022: 4).