UCARE MOTORING LTD


Directors	COSKER, Brian
	COSKER, Michael


Registered Address	93 Swansea Road
	Waunarlwydd
	Swansea
	SA5 4SU


Registered Number	12406088 (England and Wales)

Statement of Financial Position
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		4,261		8,415
			4,261		8,415
Current assets
Cash at bank and on hand		3,647		2,546
		3,647		2,546
Creditors amounts falling due within one year	4	(15,467)		(33,200)
Net current assets (liabilities)			(11,820)		(30,654)
Total assets less current liabilities			(7,559)		(22,239)
Net assets			(7,559)		(22,239)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(7,659)		(22,339)
Shareholders' funds			(7,559)		(22,239)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 6 November 2025, and are signed on its behalf by:

COSKER, Brian
Director

COSKER, Michael
Director

Registered Company No. 12406088

UCARE MOTORING LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The directors have considered the going concern status of the company given the retained earnings deficit. At the time of signing the directors are confident that the company accounts should be prepared on a going concern basis.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	5
	Vehicles	5
	Office Equipment	3

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 February 24	4,842	12,000	420	17,262
Additions	1,973	-	-	1,973
Disposals	-	(12,000)	-	(12,000)
At 31 January 25	6,815	-	420	7,235
Depreciation and impairment
At 01 February 24	1,348	7,200	299	8,847
Charge for year	1,264	-	63	1,327
On disposals	-	(7,200)	-	(7,200)
At 31 January 25	2,612	-	362	2,974
Net book value
At 31 January 25	4,203	-	58	4,261
At 31 January 24	3,494	4,800	121	8,415

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Other creditors	14,867	32,600
Accrued liabilities and deferred income	600	600
Total	15,467	33,200


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.