IRIS Accounts Production v25.1.4.42 01111774 director 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh011117742023-12-31011117742024-12-31011117742024-01-012024-12-31011117742022-12-31011117742023-01-012023-12-31011117742023-12-3101111774ns15:EnglandWales2024-01-012024-12-3101111774ns14:PoundSterling2024-01-012024-12-3101111774ns10:Director12024-01-012024-12-3101111774ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3101111774ns10:SmallEntities2024-01-012024-12-3101111774ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3101111774ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101111774ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101111774ns10:FullAccounts2024-01-012024-12-3101111774ns10:OrdinaryShareClass12024-01-012024-12-3101111774ns10:CompanySecretary12024-01-012024-12-3101111774ns10:RegisteredOffice2024-01-012024-12-3101111774ns5:CurrentFinancialInstruments2024-12-3101111774ns5:CurrentFinancialInstruments2023-12-3101111774ns5:Non-currentFinancialInstruments2024-12-3101111774ns5:Non-currentFinancialInstruments2023-12-3101111774ns5:ShareCapital2024-12-3101111774ns5:ShareCapital2023-12-3101111774ns5:RetainedEarningsAccumulatedLosses2024-12-3101111774ns5:RetainedEarningsAccumulatedLosses2023-12-3101111774ns5:LandBuildings2023-12-3101111774ns5:PlantMachinery2023-12-3101111774ns5:FurnitureFittings2023-12-3101111774ns5:LandBuildings2024-01-012024-12-3101111774ns5:PlantMachinery2024-01-012024-12-3101111774ns5:FurnitureFittings2024-01-012024-12-3101111774ns5:LandBuildings2024-12-3101111774ns5:PlantMachinery2024-12-3101111774ns5:FurnitureFittings2024-12-3101111774ns5:LandBuildings2023-12-3101111774ns5:PlantMachinery2023-12-3101111774ns5:FurnitureFittings2023-12-3101111774ns5:MotorVehicles2023-12-3101111774ns5:ComputerEquipment2023-12-3101111774ns5:MotorVehicles2024-01-012024-12-3101111774ns5:ComputerEquipment2024-01-012024-12-3101111774ns5:MotorVehicles2024-12-3101111774ns5:ComputerEquipment2024-12-3101111774ns5:MotorVehicles2023-12-3101111774ns5:ComputerEquipment2023-12-3101111774ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3101111774ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3101111774ns5:WithinOneYear2024-12-3101111774ns5:WithinOneYear2023-12-3101111774ns5:AcceleratedTaxDepreciationDeferredTax2024-12-3101111774ns5:AcceleratedTaxDepreciationDeferredTax2023-12-3101111774ns5:DeferredTaxation2023-12-3101111774ns5:DeferredTaxation2024-01-012024-12-3101111774ns5:DeferredTaxation2024-12-3101111774ns10:OrdinaryShareClass12024-12-3101111774ns5:RetainedEarningsAccumulatedLosses2023-12-3101111774ns5:RetainedEarningsAccumulatedLosses2024-01-012024-12-31
REGISTERED NUMBER: 01111774 (England and Wales)















UTRANAZZ IMPORTERS & EXPORTERS LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2024






UTRANAZZ IMPORTERS & EXPORTERS LIMITED (REGISTERED NUMBER: 01111774)

Contents of the Financial Statements
for the year ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


UTRANAZZ IMPORTERS & EXPORTERS LIMITED

Company Information
for the year ended 31 December 2024







Director: A W Evans





Secretary: D J Evans





Registered office: Utranazz House
Cowpastures Farm
Piddington
Oxfordshire
OX25 1AE





Registered number: 01111774 (England and Wales)





Accountants: Cooper Parry Advisory Limited
1st Floor, Abbey Square
Davidson House
The Forbury
Reading
RG1 3EU

UTRANAZZ IMPORTERS & EXPORTERS LIMITED (REGISTERED NUMBER: 01111774)

Balance Sheet
31 December 2024

2024 2023
Notes £ £
Fixed assets
Tangible assets 4 5,608,955 5,019,236

Current assets
Stocks 1,250,425 1,087,575
Debtors 5 1,519,838 1,612,579
Cash at bank 1,522,475 870,269
4,292,738 3,570,423
Creditors
Amounts falling due within one year 6 (1,971,800 ) (1,475,152 )
Net current assets 2,320,938 2,095,271
Total assets less current liabilities 7,929,893 7,114,507

Creditors
Amounts falling due after more than one
year

7

(202,816

)

(249,454

)

Provisions for liabilities 9 (767,780 ) (473,864 )
Net assets 6,959,297 6,391,189

Capital and reserves
Called up share capital 10 8,100 8,100
Retained earnings 11 6,951,197 6,383,089
Shareholders' funds 6,959,297 6,391,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 July 2025 and were signed by:





A W Evans - Director


UTRANAZZ IMPORTERS & EXPORTERS LIMITED (REGISTERED NUMBER: 01111774)

Notes to the Financial Statements
for the year ended 31 December 2024


1. Statutory information

Utranazz Importers & Exporters Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The directors have identified no material uncertainties that cast significant doubt about the ability of the company to continue as a going concern.

Key sources of estimation uncertainty and judgements
Preparation of the financial statements requires management to make significant judgements and estimates in determining the carrying amounts of certain assets and liabilities. Management makes assumptions of the effects of uncertain future events on those assets and liabilities at the balance sheet date. The management's estimates and assumptions are based on historical experience and expectation of future events and are reviewed periodically. This disclosure excludes uncertainty over future events and judgement in respect of measuring financial instruments.

Turnover
The turnover shown in the profit and loss account represents amounts which have been recognised once the item is delivered and not before. Sales are not recognised until the product is complete and deliverable to the client.

Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Plant and machinery includes assets available for hire which are depreciated in accordance with the stated accounting policy.

Freehold property- 2% on building costs
Plant & machinery- 25% on costs
Fixtures & fittings- 25% on costs
Motor vehicles- 25% on costs
Computer equipment- 25% on costs

Tangible fixed assets are stated at cost less depreciation. Plant and machinery includes assets available for hire which are depreciated in accordance with the stated accounting policy.

Stocks
Stock held by the company is available for both sale and short-term hire hence it is considered appropriate to provide for the usage of the machinery by providing 35% or 50%, depending on whether the machinery has been modified, on a reducing balance basis. Stock is therefore stated at the lower of written down cost and net realisable value. Net realisable value is based on estimated selling price less the estimated cost of disposal.

UTRANAZZ IMPORTERS & EXPORTERS LIMITED (REGISTERED NUMBER: 01111774)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


2. Accounting policies - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument.

An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognised in the profit and loss account.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 25 (2023 - 25 ) .

UTRANAZZ IMPORTERS & EXPORTERS LIMITED (REGISTERED NUMBER: 01111774)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


4. Tangible fixed assets
Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
Cost
At 1 January 2024 2,335,795 3,858,407 144,411
Additions 452,478 2,216,700 -
Disposals - (3,028,382 ) -
At 31 December 2024 2,788,273 3,046,725 144,411
Depreciation
At 1 January 2024 11,768 1,575,973 83,994
Charge for year 37,056 371,319 20,861
Eliminated on disposal - (1,373,866 ) -
At 31 December 2024 48,824 573,426 104,855
Net book value
At 31 December 2024 2,739,449 2,473,299 39,556
At 31 December 2023 2,324,027 2,282,434 60,417

Motor Computer
vehicles equipment Totals
£ £ £
Cost
At 1 January 2024 544,602 19,690 6,902,905
Additions 138,647 188 2,808,013
Disposals - - (3,028,382 )
At 31 December 2024 683,249 19,878 6,682,536
Depreciation
At 1 January 2024 201,405 10,529 1,883,669
Charge for year 130,558 3,984 563,778
Eliminated on disposal - - (1,373,866 )
At 31 December 2024 331,963 14,513 1,073,581
Net book value
At 31 December 2024 351,286 5,365 5,608,955
At 31 December 2023 343,197 9,161 5,019,236

5. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 1,306,009 1,400,403
Other debtors 213,829 212,176
1,519,838 1,612,579

UTRANAZZ IMPORTERS & EXPORTERS LIMITED (REGISTERED NUMBER: 01111774)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


6. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 729,360 819,895
Taxation and social security 468,515 382,899
Other creditors 773,925 272,358
1,971,800 1,475,152

7. Creditors: amounts falling due after more than one year
2024 2023
£ £
Other creditors 202,816 249,454

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 27,412 73,750

8. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year - 688

9. Provisions for liabilities
2024 2023
£ £
Deferred tax
Accelerated capital allowances 767,780 473,864

Deferred tax
£
Balance at 1 January 2024 473,864
Provided during year 293,916
Balance at 31 December 2024 767,780

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
8,100 Ordinary £1 8,100 8,100

UTRANAZZ IMPORTERS & EXPORTERS LIMITED (REGISTERED NUMBER: 01111774)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


11. Reserves
Retained
earnings
£

At 1 January 2024 6,383,089
Profit for the year 746,108
Dividends (178,000 )
At 31 December 2024 6,951,197

12. Related party transactions

During the year the company paid dividends totalling £178,000 (2023: £120,000) to its parent company. At the end of financial year £657,509 (2023: £156,372) was owed to and £150,000 (2023: £150,000) was owed from the companies under common control respectively.

During the year the company paid rent to a company under common control totalling £Nil (2023: £60,000).

13. Controlling party

The company was controlled in the year by Bluebird (NHC) Limited, registered office and principal place of business was Utranazz House, Cowpastures Farm, Piddington, Oxfordshire, OX25 1AE.

The ultimate controlling party is A W Evans and D J Evans acting in concert.