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REGISTERED NUMBER: 11367013 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

UFKES GREENTEC UK LIMITED

UFKES GREENTEC UK LIMITED (REGISTERED NUMBER: 11367013)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UFKES GREENTEC UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: M A Jibson
Mrs A J Jibson





REGISTERED OFFICE: Unit 5, Manor Farm Building
Kirkburn
Driffield
East Yorkshire
YO25 9DU





REGISTERED NUMBER: 11367013 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence Limited
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

UFKES GREENTEC UK LIMITED (REGISTERED NUMBER: 11367013)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,027 28,502

CURRENT ASSETS
Stocks 285,763 387,027
Debtors 5 10,342 120,151
Cash at bank 361,578 285,097
657,683 792,275
CREDITORS
Amounts falling due within one year 6 211,400 381,684
NET CURRENT ASSETS 446,283 410,591
TOTAL ASSETS LESS CURRENT
LIABILITIES

468,310

439,093

CAPITAL AND RESERVES
Called up share capital 50 100
Revaluation reserve 7 8,905 8,905
Retained earnings 7 459,355 430,088
SHAREHOLDERS' FUNDS 468,310 439,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

UFKES GREENTEC UK LIMITED (REGISTERED NUMBER: 11367013)

BALANCE SHEET - continued
31 MAY 2024


The 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:




M A Jibson - Director



Mrs A J Jibson - Director


UFKES GREENTEC UK LIMITED (REGISTERED NUMBER: 11367013)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Ufkes Greentec UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

UFKES GREENTEC UK LIMITED (REGISTERED NUMBER: 11367013)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023
and 31 May 2024 29,650
DEPRECIATION
At 1 June 2023 1,148
Charge for year 6,475
At 31 May 2024 7,623
NET BOOK VALUE
At 31 May 2024 22,027
At 31 May 2023 28,502

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,378 119,026
Other debtors 964 1,125
10,342 120,151

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 211,004
Taxation and social security 198,525 157,514
Other creditors 12,875 13,166
211,400 381,684

7. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 June 2023 430,088 8,905 438,993
Profit for the year 280,614 280,614
Dividends (30,000 ) (30,000 )
Purchase of own shares (221,347 ) - (221,347 )
At 31 May 2024 459,355 8,905 468,260

8. ULTIMATE CONTROLLING PARTY

The controlling party is M A Jibson.

The ultimate controlling party is M A Jibson.