Registered number
06257836
City UK Services Limited
Unaudited Filleted Accounts
31 May 2024
City UK Services Limited
Registered number: 06257836
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 1 1
Tangible assets 4 2,133 1,504
2,134 1,505
Current assets
Stocks 1,170 1,900
Debtors 5 168 3,168
Cash at bank and in hand 17,498 20,285
18,836 25,353
Creditors: amounts falling due within one year 6 (21,840) (30,668)
Net current liabilities (3,004) (5,315)
Total assets less current liabilities (870) (3,810)
Creditors: amounts falling due after more than one year 7 (6,578) (13,296)
Provisions for liabilities (405) -
Net liabilities (7,853) (17,106)
Capital and reserves
Called up share capital 2 2
Profit and loss account (7,855) (17,108)
Shareholder's funds (7,853) (17,106)
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 C Turigel
Director
Approved by the board on 14 February 2025
City UK Services Limited
Notes to the Accounts
for the year ended 31 May 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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and vat.
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:
Motor vehicles over 4 years
Fixtures, fittings, tools and equipment over 4 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 June 2023 4,505
At 31 May 2024 4,505
Amortisation
At 1 June 2023 4,504
At 31 May 2024 4,504
Net book value
At 31 May 2024 1
At 31 May 2023 1
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 June 2023 8,951 6,750 15,701
Additions 1,186 - 1,186
At 31 May 2024 10,137 6,750 16,887
Depreciation
At 1 June 2023 7,448 6,749 14,197
Charge for the year 557 - 557
At 31 May 2024 8,005 6,749 14,754
Net book value
At 31 May 2024 2,132 1 2,133
At 31 May 2023 1,503 1 1,504
5 Debtors 2024 2023
£ £
Trade debtors 168 1,541
Deferred tax asset - 1,627
168 3,168
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 9,841 7,705
Trade creditors 1,726 2,074
Corporation tax 372 -
Other taxes and social security costs 1,255 34
Other creditors 8,646 20,855
21,840 30,668
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 6,578 13,296
8 Controlling party
The ultimate controlling party of City UK Services Limited is Mr C Turigel.
9 Other information
City UK Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
174 Solihull Road
Shirley
Solihull
West Midlands
B90 3LG
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