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REGISTERED NUMBER: 06768539 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

UK Business Supplies Limited

UK Business Supplies Limited (Registered number: 06768539)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 4


UK Business Supplies Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr David Anthony Torrible





REGISTERED OFFICE: Units 9 & 10 Brickfields
Huyton Business Park
Huyton
Merseyside
L36 6HY





REGISTERED NUMBER: 06768539 (England and Wales)






UK Business Supplies Limited

Report of the Accountants to the Director of
UK Business Supplies Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared, for your approval, the accounts of UK Business Supplies Limited for the period set out in these accounts from the company's accounting records and from information and explanations you have given to us.

This report is prepared solely to the Board of Directors of UK Business Supplies Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of UK Business Supplies Limited and state those matters that we have agreed to state to the Board of Directors of UK Business Supplies Limited. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than UK Business Supplies Limited and its Board of Directors, as a body, for our work for this report.

It is your duty to ensure that UK Business Supplies Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of UK Business Supplies Limited. You consider that UK Business Supplies Limited is exempt from the statutory audit requirements for the period of these accounts.

We have not been instructed to carry out an audit or a review of the accounts of UK Business Supplies Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.








20 December 2024

UK Business Supplies Limited (Registered number: 06768539)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,780 10,374

CURRENT ASSETS
Debtors 5 329,860 383,525
Cash at bank and in hand 59,111 37,056
388,971 420,581
CREDITORS
Amounts falling due within one year 6 1,116,070 774,397
NET CURRENT LIABILITIES (727,099 ) (353,816 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(719,319

)

(343,442

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (719,419 ) (343,542 )
(719,319 ) (343,442 )

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

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

The director acknowledges his 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.

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 director and authorised for issue on 20 December 2024 and were signed by:




Mr David Anthony Torrible - Director


UK Business Supplies Limited (Registered number: 06768539)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

UK Business Supplies 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% 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.

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 22 (2023 - 30 ) .

UK Business Supplies Limited (Registered number: 06768539)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 8,373 14,425 14,995 37,793
DEPRECIATION
At 1 April 2023 5,020 10,962 11,437 27,419
Charge for year 839 866 889 2,594
At 31 March 2024 5,859 11,828 12,326 30,013
NET BOOK VALUE
At 31 March 2024 2,514 2,597 2,669 7,780
At 31 March 2023 3,353 3,463 3,558 10,374

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 223,444 222,133
Amounts owed by participating interests 100,272 150,990
Other debtors 6,144 10,402
329,860 383,525

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 175 815
Trade creditors 683,778 666,040
Amounts owed to participating interests 4,410 67,212
Taxation and social security 60,824 20,551
Other creditors 366,883 19,779
1,116,070 774,397