Company registration number 06981139 (England and Wales)
UNDERWOOD PIPELINES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
UNDERWOOD PIPELINES LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
91,537
103,756
Current assets
42,741
104,938
Creditors: amounts falling due within one year
(84,405)
(90,908)
Net current (liabilities)/assets
(41,664)
14,030
Total assets less current liabilities
49,873
117,786
Creditors: amounts falling due after more than one year
(18,355)
(41,621)
Net assets
31,518
76,165
Capital and reserves
31,518
76,165
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
At the balance sheet date the company had commitments under non cancellable operating leases of £45,067.96 (2023 - 61,526).
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Underwood Pipelines Limited is a private company limited by shares incorporated in England and Wales. The registered office is 21 Wiseman Crescent, Wellington, Telford, Shropshire, United Kingdom, TF1 2FJ.
For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
UNDERWOOD PIPELINES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2024
31 August 2024
- 2 -
(e) the company has relied on the specified exemption as a micro company contained in section 352 Companies Act 2014; the company has done so on the grounds that it is entitled to the benefit of that exemption as a small company and we confirm that the abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.true
The financial statements were approved by the board of directors and authorised for issue on 31 October 2024 and are signed on its behalf by:
Mr D Underwood
Mr K Underwood
Director
Director
Company registration number 06981139 (England and Wales)