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Company Registration No. 07314065 (England and Wales)
UK National Gas Ltd Unaudited accounts for the year ended 31 July 2025
UK National Gas Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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UK National Gas Ltd Company Information for the year ended 31 July 2025
Director
MD Arafath Bin Kasham
Company Number
07314065 (England and Wales)
Registered Office
Costwold House 219 Marsh Wall London E14 9FJ England
Accountants
Artifin Accountants Docklands Business Centre Suite 12/3D, 10-16 Tiller Road, Dockland London E14 8PX
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UK National Gas Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
179,350
-
Current assets
Debtors
5
215,847
279,632
Cash at bank and in hand
109,297
480,097
325,144
759,729
Creditors: amounts falling due within one year
6
(36,724)
(77,904)
Net current assets
288,420
681,825
Total assets less current liabilities
467,770
681,825
Creditors: amounts falling due after more than one year
7
(5,041)
(20,690)
Net assets
462,729
661,135
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
462,728
661,134
Shareholders' funds
462,729
661,135
For the year ending 31 July 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 16 April 2026 and were signed on its behalf by
MD Arafath Bin Kasham Director Company Registration No. 07314065
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UK National Gas Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
UK National Gas Ltd is a private company, limited by shares, registered in England and Wales, registration number 07314065. The registered office is Costwold House, 219 Marsh Wall , London, E14 9FJ, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Pension costs
The company operates a contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 August 2024
-
Additions
179,350
At 31 July 2025
179,350
Depreciation
At 31 July 2025
-
Net book value
At 31 July 2025
179,350
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UK National Gas Ltd Notes to the Accounts for the year ended 31 July 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
19,760
72,185
Accrued income and prepayments
1,187
12,547
Other debtors
194,900
194,900
215,847
279,632
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
43,791
81,738
Loans from directors
(7,067)
(3,834)
36,724
77,904
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
5,041
20,690
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 35 (2024: 35).
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