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Company Registration No. 07314065 (England and Wales)
UK National Gas Ltd Unaudited accounts for the year ended 31 July 2024
UK National Gas Ltd Unaudited accounts Contents
Page
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UK National Gas Ltd Company Information for the year ended 31 July 2024
Director
MD Arafath Bin Kasham
Company Number
07314065 (England and Wales)
Registered Office
Costwold House 219 Marsh Wall London E14 9FJ England
Accountants
Artifin Accountants Docklands Business Centre Suite 12/3D, 10-16 Tiller Road, Dockland London E14 8PX
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UK National Gas Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
279,632 
194,900 
Cash at bank and in hand
480,097 
19,522 
759,729 
214,422 
Creditors: amounts falling due within one year
(77,904)
(80,990)
Net current assets
681,825 
133,432 
Total assets less current liabilities
681,825 
133,432 
Creditors: amounts falling due after more than one year
(20,690)
(30,661)
Net assets
661,135 
102,771 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
661,134 
102,770 
Shareholders' funds
661,135 
102,771 
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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 24 April 2025 and were signed on its behalf by
MD Arafath Bin Kasham Director Company Registration No. 07314065
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UK National Gas Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
UK National Gas Ltd is a private company, limited by shares, registered in England and Wales, registration number 07314065. The registered office is Costwold House, 219 Marsh Wall , London, E14 9FJ, England.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Pension costs
The company operates a contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
5
Average number of employees
During the year the average number of employees was 35 (2023: 35).
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