REGISTERED NUMBER: 01990596 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

U.K. SAMPLING GAUGES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Kimonides

SECRETARY:

Mrs J E Kimonides

REGISTERED OFFICE:

18 Chatsworth Road

Stamford

Lincolnshire

PE9 2UN

REGISTERED NUMBER:

01990596 (England and Wales)

ACCOUNTANTS:

GreenStones Limited

9 Commerce Road

Lynchwood

Peterborough

Cambridgeshire

PE2 6LR

FIXED ASSETS

Tangible assets

4

101,633

120,181

CURRENT ASSETS

Stocks

414,696

417,313

Debtors

5

274,182

203,767

Cash at bank and in hand

397

7,292

689,275

628,372

CREDITORS

Amounts falling due within one year

6

141,090

127,448

NET CURRENT ASSETS

548,185

500,924

TOTAL ASSETS LESS CURRENT LIABILITIES

649,818

621,105

CREDITORS

Amounts falling due after more than one year

7

(51,005

)

(85,851

)

PROVISIONS FOR LIABILITIES

(25,408

)

(22,838

)

NET ASSETS

573,405

512,416

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

573,305

512,316

SHAREHOLDERS' FUNDS

573,405

512,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 26 September 2025 and were signed by:

R Kimonides - Director

1.	STATUTORY INFORMATION

U.K. Sampling Gauges 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

291,584

1,312

12,495

12,455

317,846

Additions

665

-

-

1,094

1,759

Disposals

-

(1,312

)

-

-

(1,312

)

At 31 March 2025

292,249

-

12,495

13,549

318,293

DEPRECIATION

At 1 April 2024

177,827

1,312

10,826

7,700

197,665

Charge for year

18,047

-

420

1,840

20,307

Eliminated on disposal

-

(1,312

)

-

-

(1,312

)

At 31 March 2025

195,874

-

11,246

9,540

216,660

NET BOOK VALUE

At 31 March 2025

96,375

-

1,249

4,009

101,633

At 31 March 2024

113,757

-

1,669

4,755

120,181

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2024

and 31 March 2025

56,000

DEPRECIATION

At 1 April 2024

10,179

Charge for year

6,876

At 31 March 2025

17,055

NET BOOK VALUE

At 31 March 2025

38,945

At 31 March 2024

45,821

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

204,735

135,773

Other debtors

69,447

67,994

274,182

203,767

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

45,823

48,362

Hire purchase contracts

11,340

10,509

Trade creditors

20,642

26,464

Taxation and social security

55,960

28,405

Other creditors

7,325

13,708

141,090

127,448

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

27,904

51,409

Hire purchase contracts

23,101

34,442

51,005

85,851

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

10,866

23,102

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

R Kimonides

Balance outstanding at start of year

53,586

29,900

Amounts advanced

74,222

78,130

Amounts repaid

(67,759

)

(54,444

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

60,049

53,586

This loan is unsecured and interest free.

Mr R Kimonides has provided a personal guarantee on the bank overdraft up to the value of £30,000.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Kimonides.