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Company Registration No. 08620360 (England and Wales)
Uraco Fashion UK Limited Unaudited accounts for the year ended 31 July 2024
Uraco Fashion UK Limited Unaudited accounts Contents
Page
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Uraco Fashion UK Limited Company Information for the year ended 31 July 2024
Director
Lingli Shi
Company Number
08620360 (England and Wales)
Registered Office
186 Buckingham Crescent Bicester OX26 4HD
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Uraco Fashion UK Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
6,750 
6,750 
Cash at bank and in hand
1 
161 
6,751 
6,911 
Creditors: amounts falling due within one year
(80,885)
(56,929)
Net current liabilities
(74,134)
(50,018)
Total assets less current liabilities
(74,134)
(50,018)
Creditors: amounts falling due after more than one year
(516,686)
(515,638)
Net liabilities
(590,820)
(565,656)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(590,920)
(565,756)
Shareholders' funds
(590,820)
(565,656)
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 April 2025 and were signed on its behalf by
Lingli Shi Director Company Registration No. 08620360
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Uraco Fashion UK Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Uraco Fashion UK Limited is a private company, limited by shares, registered in England and Wales, registration number 08620360. The registered office is 186 Buckingham Crescent, Bicester, OX26 4HD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
6,750 
6,750 
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Uraco Fashion UK Limited Notes to the Accounts for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,080 
1,080 
Taxes and social security
84 
265 
Other creditors
78,641 
54,504 
Accruals
1,080 
1,080 
80,885 
56,929 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
516,686 
515,638 
Included in amounts falling due after more than one year is director, Miss Lingli Shi's loan of £516,686 (2023 : £515,638), which is payable at the end of five year terms. The loan is unsecured and subordinated in favour of third party creditors.
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Controlling party
The ultimate controlling party is Miss. Lingli Shi, who is a director and sole shareholder of the company share.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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