Registered number
11922141
UFHPro Ltd
Unaudited Filleted Accounts
30 April 2024
UFHPro Ltd
Registered number: 11922141
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 6,150 7,380
Tangible assets 4 3,161 4,275
9,311 11,655
Current assets
Stocks 8,603 15,218
Debtors 5 96,732 77,939
Cash at bank and in hand 8,268 -
113,603 93,157
Creditors: amounts falling due within one year 6 (71,781) (54,792)
Net current assets 41,822 38,365
Total assets less current liabilities 51,133 50,020
Creditors: amounts falling due after more than one year 7 (7,767) (8,419)
Provisions for liabilities (701) (812)
Net assets 42,665 40,789
Capital and reserves
Called up share capital 5 5
Profit and loss account 42,660 40,784
Shareholder's funds 42,665 40,789
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.
Mr B Warren
Director
Approved by the board on 29 October 2024
ufh
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.
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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 May 2023 12,300
At 30 April 2024 12,300
Amortisation
At 1 May 2023 4,920
Provided during the year 1,230
At 30 April 2024 6,150
Net book value
At 30 April 2024 6,150
At 30 April 2023 7,380
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2023 8,456
Additions 403
At 30 April 2024 8,859
Depreciation
At 1 May 2023 4,181
Charge for the year 1,517
At 30 April 2024 5,698
Net book value
At 30 April 2024 3,161
At 30 April 2023 4,275
5 Debtors 2024 2023
£ £
Trade debtors 19,456 9,157
Other debtors 77,276 68,782
96,732 77,939
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 6,508 5,116
Trade creditors 22,795 11,378
Taxation and social security costs 30,433 22,634
Other creditors 12,045 15,664
71,781 54,792
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 7,767 8,419
8 Other financial commitments 2024 2023
£ £
Total future minimum payments under non-cancellable operating leases 18,306 21,917
9 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Director
Interest charged at HMRC's official rate, the loan is repayable on demend 61,232 92,181 (87,917) 65,496
61,232 92,181 (87,917) 65,496
10 Other information
UFHPro Ltd is a private company limited by shares and incorporated in England. Its registered office is:
14 Stoney Walk
Pinhoe
Exeter
Devon
EX4 8RN
UFHPro Ltd 11922141 false 2023-05-01 2024-04-30 2024-04-30 VT Final Accounts July 2024 Mr B Warren No description of principal activity 11922141 2022-05-01 2023-04-30 11922141 core:WithinOneYear 2023-04-30 11922141 core:AfterOneYear 2023-04-30 11922141 core:ShareCapital 2023-04-30 11922141 core:RetainedEarningsAccumulatedLosses 2023-04-30 11922141 core:AllPeriods 2023-04-30 11922141 2023-05-01 2024-04-30 11922141 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11922141 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 11922141 bus:Director40 2023-05-01 2024-04-30 11922141 2 2023-05-01 2024-04-30 11922141 core:Goodwill 2023-05-01 2024-04-30 11922141 core:PlantMachinery 2023-05-01 2024-04-30 11922141 bus:Director1 2023-05-01 2024-04-30 11922141 bus:Director1 1 2023-05-01 2024-04-30 11922141 countries:England 2023-05-01 2024-04-30 11922141 bus:FRS102 2023-05-01 2024-04-30 11922141 bus:FilletedAccounts 2023-05-01 2024-04-30 11922141 2024-04-30 11922141 core:WithinOneYear 2024-04-30 11922141 core:AfterOneYear 2024-04-30 11922141 core:ShareCapital 2024-04-30 11922141 core:RetainedEarningsAccumulatedLosses 2024-04-30 11922141 core:Goodwill 2024-04-30 11922141 core:PlantMachinery 2024-04-30 11922141 core:AllPeriods 2024-04-30 11922141 bus:Director1 1 2024-04-30 11922141 2023-04-30 11922141 core:Goodwill 2023-04-30 11922141 core:PlantMachinery 2023-04-30 11922141 bus:Director1 1 2023-04-30 iso4217:GBP xbrli:pure