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REGISTERED NUMBER: 08579204 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

UCH Logistics (Manchester) Ltd

UCH Logistics (Manchester) Ltd (Registered number: 08579204)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


UCH Logistics (Manchester) Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr Vishal Bhardwaj
Mr Sanjiv Bhardwaj
Mr Vikas Bhardwaj





REGISTERED OFFICE: Unit 3, Colnbrook Cargo Centre
Old Bath Road
Slough
Middlesex
SL3 0NW





REGISTERED NUMBER: 08579204 (England and Wales)






UCH Logistics (Manchester) Ltd (Registered number: 08579204)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 219,399 166,938

CURRENT ASSETS
Debtors 6 1,196,208 960,912
Cash at bank 243,176 141,601
1,439,384 1,102,513
CREDITORS
Amounts falling due within one year 7 935,267 812,931
NET CURRENT ASSETS 504,117 289,582
TOTAL ASSETS LESS CURRENT
LIABILITIES

723,516

456,520

PROVISIONS FOR LIABILITIES 45,682 23,793
NET ASSETS 677,834 432,727

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 677,833 432,726
SHAREHOLDERS' FUNDS 677,834 432,727

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

UCH Logistics (Manchester) Ltd (Registered number: 08579204)

Statement of Financial Position - continued
30 April 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 29 January 2025 and were signed on its behalf by:





Mr Vishal Bhardwaj - Director


UCH Logistics (Manchester) Ltd (Registered number: 08579204)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

UCH Logistics (Manchester) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Short leasehold - in accordance with the property
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% 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 statement of financial position date.


UCH Logistics (Manchester) Ltd (Registered number: 08579204)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2023 - 40 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 May 2023 42,787 60,559 19,841
Additions 1,991 899 -
Disposals - (1,238 ) -
At 30 April 2024 44,778 60,220 19,841
DEPRECIATION
At 1 May 2023 26,967 35,728 15,857
Charge for year 2,373 4,893 796
Eliminated on disposal - (124 ) -
At 30 April 2024 29,340 40,497 16,653
NET BOOK VALUE
At 30 April 2024 15,438 19,723 3,188
At 30 April 2023 15,820 24,831 3,984

UCH Logistics (Manchester) Ltd (Registered number: 08579204)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 153,901 52,032 329,120
Additions 99,500 - 102,390
Disposals (21,225 ) - (22,463 )
At 30 April 2024 232,176 52,032 409,047
DEPRECIATION
At 1 May 2023 43,563 40,067 162,182
Charge for year 34,135 2,394 44,591
Eliminated on disposal (17,001 ) - (17,125 )
At 30 April 2024 60,697 42,461 189,648
NET BOOK VALUE
At 30 April 2024 171,479 9,571 219,399
At 30 April 2023 110,338 11,965 166,938

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,081,329 858,490
Prepayments and accrued income 114,879 102,422
1,196,208 960,912

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 71 -
Trade creditors 402,038 333,796
Tax 110,902 91,927
Social security and other taxes 36,028 34,994
VAT 154,434 135,441
Other creditors 64,173 70,343
Accruals and deferred income 167,621 146,430
935,267 812,931

Interest is not charged on balances repayable on demand arising with UCH Logistics Limited.

UCH Logistics (Manchester) Ltd (Registered number: 08579204)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.4.24 30.4.23
£    £   
Within one year 470,041 452,471
Between one and five years 119,435 275,156
589,476 727,627

9. CONTINGENT LIABILITIES

The company during the year gave a guarantee and debenture over certain assets of the company to secure bank borrowings of other related companies to NatWest Bank Plc.

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. ULTIMATE CONTROLLING PARTY

The ultimate parent company is UCH Holdings Limited, a company registered in England and Wales.

12. PARENT COMPANY CROSS GUARANTEE FOR SUBSIDIARY

UCH Holdings Limited, as the ultimate parent company has given a full guarantee in respect of all liabilities of its wholly owned subsidiary, UCH Logistics (Manchester) Limited.