Company Registration No. 04620637 (England and Wales)
Industria UK Limited
Unaudited accounts
for the year ended 31 December 2024
Industria UK Limited
Statement of financial position
as at 31 December 2024
Tangible assets
49,402
61,700
Cash at bank and in hand
13,936
49,362
Creditors: amounts falling due within one year
(26,505)
(35,813)
Net current (liabilities)/assets
(11,826)
14,832
Total assets less current liabilities
37,826
76,782
Creditors: amounts falling due after more than one year
(17,113)
(43,953)
Provisions for liabilities
Deferred tax
(6,084)
(7,464)
Called up share capital
100
100
Profit and loss account
14,529
25,265
Shareholders' funds
14,629
25,365
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by
William Hans DISLEY
Director
Company Registration No. 04620637
Industria UK Limited
Notes to the Accounts
for the year ended 31 December 2024
Industria UK Limited is a private company, limited by shares, registered in England and Wales, registration number 04620637. The registered office is 122 Charles Street, Leicester, LE1 1LB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
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 assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Industria UK Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2024
55,185
329,428
384,613
At 31 December 2024
55,185
329,482
384,667
At 1 January 2024
37,103
285,810
322,913
Charge for the year
3,616
8,736
12,352
At 31 December 2024
40,719
294,546
335,265
At 31 December 2024
14,466
34,936
49,402
At 31 December 2023
18,082
43,618
61,700
5
Investments
Other investments
Valuation at 1 January 2024
250
Valuation at 31 December 2024
250
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
11,066
16,286
Other creditors
2,317
4,565
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
7,203
24,030
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).