REGISTERED NUMBER: 01835172 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Uncle Sam's Chuck Wagon Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Crossland

Mrs N Cauthorn

REGISTERED OFFICE:

298 Ecclesall Road

Sheffield

S11 8PE

REGISTERED NUMBER:

01835172 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

19,147

23,425

19,147

23,425

CURRENT ASSETS

Inventories

8,500

8,500

Debtors

6

8,473

3,563

Cash at bank and in hand

82,095

132,357

99,068

144,420

CREDITORS

Amounts falling due within one year

7

84,181

85,254

NET CURRENT ASSETS

14,887

59,166

TOTAL ASSETS LESS CURRENT LIABILITIES

34,034

82,591

CREDITORS

Amounts falling due after more than one year

8

(4,437

)

(14,806

)

PROVISIONS FOR LIABILITIES

(3,638

)

(2,836

)

NET ASSETS

25,959

64,949

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

46,318

46,318

Retained earnings

(20,459

)

18,531

SHAREHOLDERS' FUNDS

25,959

64,949

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

Mrs N Cauthorn - Director

1.	STATUTORY INFORMATION

Uncle Sam's Chuck Wagon 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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1989, was amortised evenly over its estimated useful life of 25 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

15% on reducing balance

Plant and machinery etc

-

20% on reducing balance and 15% on reducing balance

Stocks

Inventories 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 30 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

56,000

AMORTISATION

At 1 February 2024

and 31 January 2025

56,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

78,655

132,398

211,053

DEPRECIATION

At 1 February 2024

71,589

116,039

187,628

Charge for year

1,060

3,218

4,278

At 31 January 2025

72,649

119,257

191,906

NET BOOK VALUE

At 31 January 2025

6,006

13,141

19,147

At 31 January 2024

7,066

16,359

23,425

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,022

Other debtors

8,473

2,541

8,473

3,563

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,648

10,140

Trade creditors

25,159

24,569

Taxation and social security

28,401

26,646

Other creditors

19,973

23,899

84,181

85,254

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,437

14,806

9.

RESERVES

Revaluation

reserve

£

At 1 February 2024

and 31 January 2025

46,318