Company Registration No. 04114468 (England and Wales)
Undershot Ltd
Unaudited accounts
for the year ended 31 December 2024
Undershot Ltd
Unaudited accounts
Contents
Undershot Ltd
Company Information
for the year ended 31 December 2024
Company Number
04114468 (England and Wales)
Registered Office
Crown House
York Road, Shiptonthorpe
York
East Yorkshire
YO43 3PF
United Kingdom
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors
Crown House, York Road
Shiptonthorpe
York
East Yorkshire
YO43 3PF
Undershot Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
4,542
6
Creditors: amounts falling due within one year
(544)
(1,034)
Net current assets
11,593
19,270
Called up share capital
100
100
Profit and loss account
11,494
19,171
Shareholders' funds
11,594
19,271
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 director acknowledges his 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 2 January 2025 and were signed on its behalf by
R Woolley
Director
Company Registration No. 04114468
Undershot Ltd
Notes to the Accounts
for the year ended 31 December 2024
Undershot Ltd is a private company, limited by shares, registered in England and Wales, registration number 04114468. The registered office is Crown House, York Road, Shiptonthorpe, York, East Yorkshire, YO43 3PF, United Kingdom.
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.
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% on a written down value
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Other
At 31 December 2024
97,606
At 31 December 2024
97,605
Undershot Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery
At 31 December 2024
28,539
At 31 December 2024
28,539
Amounts falling due within one year
Amounts due from group undertakings etc.
3,275
11,000
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
544
646
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
7,678
3,720
7,678
3,720
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).