Registered number
07669593
UK Workbenches Ltd
Filleted Accounts
30 June 2024
UK Workbenches Ltd
Registered number: 07669593
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 63,824 83,369
Current assets
Stocks 22,500 22,500
Debtors 4 180,320 187,490
Cash at bank and in hand 274,184 128,515
477,004 338,505
Creditors: amounts falling due within one year 5 (264,862) (213,019)
Net current assets 212,142 125,486
Total assets less current liabilities 275,966 208,855
Creditors: amounts falling due after more than one year 6 (10,000) (20,000)
Net assets 265,966 188,855
Capital and reserves
Called up share capital 100 100
Profit and loss account 265,866 188,755
Shareholder's funds 265,966 188,855
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
L Burnham
Director
Approved by the board on 16 September 2024
UK Workbenches Ltd
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 13 12
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 224,753
Additions 3,111
At 30 June 2024 227,864
Depreciation
At 1 July 2023 141,384
Charge for the year 22,656
At 30 June 2024 164,040
Net book value
At 30 June 2024 63,824
At 30 June 2023 83,369
4 Debtors 2024 2023
£ £
Trade debtors 158,892 168,082
Prepayments 21,428 19,408
180,320 187,490
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 156,869 146,528
Accruals 16,332 12,147
Taxation and social security costs 72,593 43,884
Directors account 8,669 61
Other creditors 399 399
264,862 213,019
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 10,000 20,000
7 Other information
UK Workbenches Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 14 Glover Centre
Egmont Street
Mossley
OL5 9PY
UK Workbenches Ltd 07669593 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts April 2024 L Burnham No description of principal activity 07669593 2022-07-01 2023-06-30 07669593 core:WithinOneYear 2023-06-30 07669593 core:AfterOneYear 2023-06-30 07669593 core:ShareCapital 2023-06-30 07669593 core:RetainedEarningsAccumulatedLosses 2023-06-30 07669593 2023-07-01 2024-06-30 07669593 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07669593 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 07669593 bus:Director40 2023-07-01 2024-06-30 07669593 1 2023-07-01 2024-06-30 07669593 2 2023-07-01 2024-06-30 07669593 core:PlantMachinery 2023-07-01 2024-06-30 07669593 countries:England 2023-07-01 2024-06-30 07669593 bus:FRS102 2023-07-01 2024-06-30 07669593 bus:FilletedAccounts 2023-07-01 2024-06-30 07669593 2024-06-30 07669593 core:WithinOneYear 2024-06-30 07669593 core:AfterOneYear 2024-06-30 07669593 core:ShareCapital 2024-06-30 07669593 core:RetainedEarningsAccumulatedLosses 2024-06-30 07669593 core:PlantMachinery 2024-06-30 07669593 2023-06-30 07669593 core:PlantMachinery 2023-06-30 iso4217:GBP xbrli:pure