Registered number
12249759
3134 UK Limited
Report and Financial Statements
31 October 2023

3134 UK Limited
Registered number: | 12249759
Director's Report
The director presents his report and financial statements for the year ended 31 October 2023.
Principal activities
The company's principal activity during the period was that of the wholesale provision of electronic and telecommunications equipment and parts.
Directors
The following persons served as directors during the period :
| Mr T B Sebatigita
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 27 September 2024 and signed on its behalf.
Mr T B Sebatigita
Director

3134 UK Limited
Profit and Loss Account
for the year ended 31 October 2023
|  |  |  |  |  | 2023 |  | 2022
|  |  |  |  |  | £ |  | £
Turnover | 7,541,586 |  | 6,902,842
Cost of sales | (5,894,017) |  | (5,685,661)
Gross profit | 1,647,569 |  | 1,217,181
Administrative expenses | (794,438) |  | (562,098)
Operating profit | 853,131 |  | 655,083
Interest receivable | 12 |  | 6
Interest payable | (395) |  | -
Profit on ordinary activities before taxation | 852,748 |  | 655,089
Tax on profit on ordinary activities | (23,614) |  | 377
Profit for the financial period | 829,134 |  | 655,466

3134 UK Limited
Registered number: | 12249759
Balance Sheet
as at 31 October 2023
Notes |  | 2023 |  | 2022
|  |  | £ | £ |  | £ | £
Fixed assets
Tangible assets | 3 |  |  | 1,292,759 |  |  | 734,465
Current assets
Stocks |  |  | 70,461 |  |  | 44,614
Debtors | 4 |  | 495,405 |  |  | 211,506
Cash at bank and in hand |  |  | 225,421 |  |  | 42,372
|  |  | 791,287 |  |  | 298,492
Creditors: amounts falling due within one year | 5 |  | (223,626) |  |  | (172,877)
Net current assets |  |  |  | 567,661 |  |  | 125,615
Total assets less current liabilities |  |  |  | 1,860,420 |  |  | 860,080
Creditors: amounts falling due after more than one year | 6 |  |  | (319,986) |  |  | (148,780)
Net assets |  |  |  | 1,540,434 |  |  | 711,300
Capital and reserves
Called up share capital |  |  |  | 1,000 |  |  | 1,000
Profit and loss account |  |  |  | 1,539,434 |  |  | 710,300
Shareholder's funds |  |  |  | 1,540,434 |  |  | 711,300
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 T B Sebatigita
Director
Approved by the board on 27 September 2024

3134 UK Limited
Notes to the Accounts
for the year ended 31 October 2023
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 value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
| 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:
| Plant and machinery | 15% reducing balance basis
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| 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 | 2023 |  | 2022
|  |  |  |  |  | Number |  | Number
| Average number of persons employed by the company | 10 |  | 6
3 | Tangible fixed assets
|  |  |  | Plant and Machinery |  |  |  | Total
|  |  |  | £ |  |  |  | £
| Cost
| At 1 November 2022 | 878,060 |  |  |  | 878,060
| Additions | 786,428 |  |  |  | 786,428
| At 31 October 2023 | 1,664,488 |  |  |  | 1,664,488
| Depreciation
| At 1 November 2022 | 143,595 |  |  |  | 143,595
| Charge for the year | 228,134 |  |  |  | 228,134
| At 31 October 2023 | 371,729 |  |  |  | 371,729
| Net book value
| At 31 October 2023 | 1,292,759 |  |  |  | 1,292,759
| At 31 October 2022 | 734,465 |  |  |  | 734,465
4 | Debtors | 2023 |  | 2022
|  |  |  |  |  | £ |  | £
| Trade debtors | 490,748 |  | 207,542
| Other debtors | 4,657 |  | 3,964
|  |  |  |  |  | 495,405 |  | 211,506
5 | Creditors: amounts falling due within one year | 2023 |  | 2022
|  |  |  |  |  | £ |  | £
| Trade creditors | 175,826 |  | 154,267
| Other taxes and social security costs | 14,857 |  | 11,428
| Other creditors | 9,329 |  | 7,182
|  |  |  |  |  | 223,626 |  | 172,877
6 | Creditors: amounts falling due after one year | 2023 |  | 2022
|  |  |  |  |  | £ |  | £
| Other creditors | 319,986 |  | 148,780
|  |  |  |  |  | 319,986 |  | 148,780
7 | Other information
| 3134 UK Limited is a private company limited by shares and incorporated in England. Its registered office is:
| 142 International House
| Cromwell House
| London
| SW7 4EF

3134 UK Limited 12249759 false 2022-11-01 2023-10-31 2023-10-31 VT Final Accounts July 2024 12249759 2021-11-01 2022-10-31 12249759 core:WithinOneYear 2022-10-31 12249759 core:AfterOneYear 2022-10-31 12249759 core:ShareCapital 2022-10-31 12249759 core:RetainedEarningsAccumulatedLosses 2022-10-31 12249759 2022-11-01 2023-10-31 12249759 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12249759 bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12249759 bus:Director1 2022-11-01 2023-10-31 12249759 1 2022-11-01 2023-10-31 12249759 2 2022-11-01 2023-10-31 12249759 core:LandBuildings 2022-11-01 2023-10-31 12249759 countries:England 2022-11-01 2023-10-31 12249759 bus:FRS102 2022-11-01 2023-10-31 12249759 bus:FullAccounts 2022-11-01 2023-10-31 12249759 2023-10-31 12249759 core:WithinOneYear 2023-10-31 12249759 core:AfterOneYear 2023-10-31 12249759 core:ShareCapital 2023-10-31 12249759 core:RetainedEarningsAccumulatedLosses 2023-10-31 12249759 core:LandBuildings 2023-10-31 12249759 2022-10-31 12249759 core:LandBuildings 2022-10-31 iso4217:GBP xbrli:pure