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REGISTERED NUMBER: 07539499















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Ur-sltn Ltd

Ur-sltn Ltd (Registered number: 07539499)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ur-sltn Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Ms J L Geach
B C Geach





REGISTERED OFFICE: High Lees Farmhouse
Wagon Lane
Paddock Wood
Tonbridge
Kent
TN12 6PT





REGISTERED NUMBER: 07539499





ACCOUNTANT: Ian S Anderson, Chartered Accountant
Greengarth
Thicket Grove
Maidenhead
Berkshire
SL6 4LW

Ur-sltn Ltd (Registered number: 07539499)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 118,758 157,983

CURRENT ASSETS
Debtors 5 16,516 46,779
Cash at bank 2,497 3,476
19,013 50,255
CREDITORS
Amounts falling due within one year 6 100,599 157,273
NET CURRENT LIABILITIES (81,586 ) (107,018 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,172

50,965

CREDITORS
Amounts falling due after more than one
year

7

(34,683

)

(65,406

)

PROVISIONS FOR LIABILITIES 8 (7,760 ) (2,895 )
NET LIABILITIES (5,271 ) (17,336 )

CAPITAL AND RESERVES
Called up share capital 9 20 20
Retained earnings (5,291 ) (17,356 )
SHAREHOLDERS' FUNDS (5,271 ) (17,336 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Ur-sltn Ltd (Registered number: 07539499)

Balance Sheet - continued
29 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by:





B C Geach - Director


Ur-sltn Ltd (Registered number: 07539499)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Ur-sltn Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

These financial statements have been prepared on the going concern basis, which assumes the continued support of the directors. In the opinion of the directors neither Brexit nor Covid-19 has impacted on the going concern basis.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance, 20% on cost and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Ur-sltn Ltd (Registered number: 07539499)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 231,286
Additions 557
At 29 February 2024 231,843
DEPRECIATION
At 1 March 2023 73,303
Charge for year 39,782
At 29 February 2024 113,085
NET BOOK VALUE
At 29 February 2024 118,758
At 28 February 2023 157,983

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 103,401
DEPRECIATION
At 1 March 2023 37,771
Charge for year 18,897
At 29 February 2024 56,668
NET BOOK VALUE
At 29 February 2024 46,733
At 28 February 2023 65,630

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,631 38,038
Other debtors 6,885 8,741
16,516 46,779

Ur-sltn Ltd (Registered number: 07539499)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,400 8,400
Finance leases 22,323 22,323
Other creditors 69,876 126,550
100,599 157,273

Other creditors at the year end includes directors' balances, see related party note.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 16,100 24,500
Finance leases 18,583 40,906
34,683 65,406

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 7,760 2,895

Deferred
tax
£   
Balance at 1 March 2023 2,895
Provided during year 4,865
Balance at 29 February 2024 7,760

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1A 0.1 10 10
100 Ordinary 1B 0.1 10 10
20 20

10. RELATED PARTY DISCLOSURES

At the balance sheet date the balance owing to the directors totalled £65,046 (2023 owing by £124,235).

11. ULTIMATE CONTROLLING PARTY

The controlling party is B C Geach.