UNITED PETROLEUM TRADING (UK) LLP

Company Registration Number:
OC316945 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

UNITED PETROLEUM TRADING (UK) LLP

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

UNITED PETROLEUM TRADING (UK) LLP

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

The principal activity of the LLP during the year was that of dealing and transporting oil and oil related product outside the United Kingdom, in the Caspian region. During the year ended 31 December 2024, the LLP did not carry out any trading or operational activities. The only transaction during the year was the accrual of interest income related to existing loan receivables. The LLP continues to maintain its investments and financial structure with no significant changes in operations, assets, or liabilities compared to the prior year.



Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Mr Vesselin Popovski
LADAIQUE Fabien


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 September 2025

And signed on behalf of the board by:
Name: Mr Vesselin Popovski
Status: Director

UNITED PETROLEUM TRADING (UK) LLP

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 0 0
Interest receivable and similar income: 301 301
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 301 301
Tax: 0 0
Profit(or loss) for the financial year: 301 301

UNITED PETROLEUM TRADING (UK) LLP

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 3 108 108
Total fixed assets: 108 108
Current assets
Stocks:   0 0
Debtors: 4 14,028 13,727
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 14,028 13,727
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 2,697 ) ( 2,697 )
Net current assets (liabilities): 11,331 11,030
Total assets less current liabilities: 11,439 11,138
Total net assets (liabilities): 11,439 11,138
Capital and reserves
Called up share capital: 6 6
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 11,433 11,132
Total Shareholders' funds: 11,439 11,138

The notes form part of these financial statements

UNITED PETROLEUM TRADING (UK) LLP

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 16 September 2025
and signed on behalf of the board by:

Name: Mr Vesselin Popovski
Status: Director

The notes form part of these financial statements

UNITED PETROLEUM TRADING (UK) LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Valuation information and policy

    The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

UNITED PETROLEUM TRADING (UK) LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

UNITED PETROLEUM TRADING (UK) LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed assets investments note

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss. Investments in associates Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition. Investments in joint ventures Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition. Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the LLP are assigned to those units.

UNITED PETROLEUM TRADING (UK) LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 14,028 13,727
Total 14,028 13,727

UNITED PETROLEUM TRADING (UK) LLP

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 2,697 2,697
Total 2,697 2,697