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REGISTERED NUMBER: 07149201 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

TC Ucer Limited

TC Ucer Limited (Registered number: 07149201)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TC Ucer Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: T C Ucer





SECRETARY: Mrs N V Ucer





REGISTERED OFFICE: Reedham House
31 King Street West
Manchester
M3 2PJ





BUSINESS ADDRESS: 58 Hatfield Gardens
Pewterspear
Appleton Thorn
Warrington
Cheshire
WA4 5QJ





REGISTERED NUMBER: 07149201 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

TC Ucer Limited (Registered number: 07149201)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 154,000 180,000
Tangible assets 5 54,310 65,689
208,310 245,689

CURRENT ASSETS
Stocks 40,000 7,500
Debtors 6 329,214 32,705
Cash at bank and in hand 293,907 322,061
663,121 362,266
CREDITORS
Amounts falling due within one year 7 300,224 180,597
NET CURRENT ASSETS 362,897 181,669
TOTAL ASSETS LESS CURRENT
LIABILITIES

571,207

427,358

CREDITORS
Amounts falling due after more than one
year

8

(14,971

)

(37,859

)

PROVISIONS FOR LIABILITIES (13,336 ) (16,362 )
NET ASSETS 542,900 373,137

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 541,900 372,137
542,900 373,137

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.

TC Ucer Limited (Registered number: 07149201)

Balance Sheet - continued
31 March 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 director and authorised for issue on 10 February 2025 and were signed by:





T C Ucer - Director


TC Ucer Limited (Registered number: 07149201)

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

1. STATUTORY INFORMATION

TC Ucer 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.

Government grants

Government grants are credited to the profit and loss account as the related expenditure is incurred.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

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 - 15% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are recorded at cost less any tax, discounts and rebates. Subsequently they are recorded at cost less accumulated depreciation and impairment.

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 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.

TC Ucer Limited (Registered number: 07149201)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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.

Going concern
The company's financial statements for the year ended 31 March 2024 have been prepared on a going concern basis as, after making appropriate enquiries, the director have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 600,000
AMORTISATION
At 1 April 2023 420,000
Charge for year 26,000
At 31 March 2024 446,000
NET BOOK VALUE
At 31 March 2024 154,000
At 31 March 2023 180,000

TC Ucer Limited (Registered number: 07149201)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 79,903 6,690 47,178 133,771
Additions - - 5,554 5,554
At 31 March 2024 79,903 6,690 52,732 139,325
DEPRECIATION
At 1 April 2023 29,739 5,196 33,147 68,082
Charge for year 12,541 225 4,167 16,933
At 31 March 2024 42,280 5,421 37,314 85,015
NET BOOK VALUE
At 31 March 2024 37,623 1,269 15,418 54,310
At 31 March 2023 50,164 1,494 14,031 65,689

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 143,750 8,305
Other debtors 185,464 24,400
329,214 32,705

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,600 8,600
Hire purchase contracts 14,288 14,268
Trade creditors 24,078 6,695
Taxation and social security 202,296 114,348
Other creditors 50,962 36,686
300,224 180,597

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 10,033 18,633
Hire purchase contracts 4,938 19,226
14,971 37,859

TC Ucer Limited (Registered number: 07149201)

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

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
T C Ucer
Balance outstanding at start of year (4,700 ) (138,257 )
Amounts advanced 499,170 527,057
Amounts repaid (400,000 ) (393,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 94,470 (4,700 )

10. RELATED PARTY DISCLOSURES

Included in other debtors is £94,470 (2023: £4,700 included in other creditors) in respect of the director's current account. There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.

During the year, the company paid £78,000 (2023: £78,000) for goods and services from a company in which Mr T C Ucer is a shareholder and director.