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Company Registration No. 11710608 (England and Wales)
UGUR LIMITED Unaudited accounts for the year ended 31 December 2023
UGUR LIMITED Unaudited accounts Contents
Page
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UGUR LIMITED Company Information for the year ended 31 December 2023
Director
Ugur Gok
Company Number
11710608 (England and Wales)
Registered Office
7 Stanstead Road Hoddesdon EN11 0PE England
Accountants
Tatar Brothers & Co Accountants 40 Willoughby Road Hornsey London N8 0JG
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UGUR LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,907 
18,714 
Current assets
Inventories
3,381 
2,739 
Debtors
- 
13,936 
Cash at bank and in hand
5,642 
6,650 
9,023 
23,325 
Creditors: amounts falling due within one year
(15,082)
(11,786)
Net current (liabilities)/assets
(6,059)
11,539 
Total assets less current liabilities
9,848 
30,253 
Creditors: amounts falling due after more than one year
(11,486)
(19,405)
Net (liabilities)/assets
(1,638)
10,848 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,738)
10,748 
Shareholders' funds
(1,638)
10,848 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 19 September 2024 and were signed on its behalf by
Ugur Gok Director Company Registration No. 11710608
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UGUR LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
UGUR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11710608. The registered office is 7 Stanstead Road, Hoddesdon, EN11 0PE, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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
15% reducing balance method
Fixtures & fittings
15% reducing balance method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
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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UGUR LIMITED Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
22,430 
12,570 
35,000 
At 31 December 2023
22,430 
12,570 
35,000 
Depreciation
At 1 January 2023
10,722 
5,564 
16,286 
Charge for the year
1,756 
1,051 
2,807 
At 31 December 2023
12,478 
6,615 
19,093 
Net book value
At 31 December 2023
9,952 
5,955 
15,907 
At 31 December 2022
11,708 
7,006 
18,714 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
13,936 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,253 
8,253 
Taxes and social security
41 
3 
Loans from directors
6,788 
3,530 
15,082 
11,786 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
11,486 
19,405 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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