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Company Registration No. 13436372 (England and Wales)
UKFC CO. LTD UNAUDITED ACCOUNTS for the year ended 30 June 2025
UKFC CO. LTD UNAUDITED ACCOUNTS Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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UKFC CO. LTD Company Information for the year ended 30 June 2025
Director
Mr WON HWANG
Company Number
13436372 (England and Wales)
Registered Office
4 Sanders Walk Harrogate HG1 4FA United Kingdom
Accountants
FURUICHOI & CO Chartered Accountants 69 Station Road Hampton Greater London TW12 2BT
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UKFC CO. LTD Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,477
3,157
Current assets
Inventories
561
-
Debtors
5
356
234
Cash at bank and in hand
5,962
1,824
6,879
2,058
Creditors: amounts falling due within one year
6
(2,192)
(2,173)
Net current assets/(liabilities)
4,687
(115)
Total assets less current liabilities
8,164
3,042
Creditors: amounts falling due after more than one year
7
(20,000)
(20,000)
Net liabilities
(11,836)
(16,958)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(11,936)
(17,058)
Shareholders' funds
(11,836)
(16,958)
For the year ending 30 June 2025 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 15 March 2026 and were signed on its behalf by
Mr WON HWANG Director Company Registration No. 13436372
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UKFC CO. LTD Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
UKFC CO. LTD is a private company, limited by shares, registered in England and Wales, registration number 13436372. The registered office is 4 Sanders Walk, Harrogate, HG1 4FA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction.
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:
Fixtures & fittings
15% reducing balance
Computer equipment
10% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. .
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
-
4,330
4,330
Additions
465
267
732
At 30 June 2025
465
4,597
5,062
Depreciation
At 1 July 2024
-
1,173
1,173
Charge for the year
70
342
412
At 30 June 2025
70
1,515
1,585
Net book value
At 30 June 2025
395
3,082
3,477
At 30 June 2024
-
3,157
3,157
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UKFC CO. LTD Notes to the Accounts for the year ended 30 June 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
356
234
6
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
2,192
2,173
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
20,000
20,000
8
Controlling party
By virtue of its relevant legal entity's 100% shareholding the immediate parent undertaking is Korea Fuel Cells Corporation, a business incorporated in South Korea (Business Registration No. 109-86-16502), with its registered address at 603, 6F, Pyunghwa Bidg, 69, Geumnanghwa-ro, Gangseo-gu, Seoul, South Korea.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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