REGISTERED NUMBER: 03654918 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

UK INDUSTRIAL PALLETS (SOUTHERN) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

P H Bessell

REGISTERED OFFICE:

120 Cockfosters Road

Barnet

EN4 0DZ

REGISTERED NUMBER:

03654918 (England and Wales)

ACCOUNTANTS:

G & A Partners LLP

Chartered Accountants

120 Cockfosters Road

Barnet

EN4 0DZ

FIXED ASSETS

Tangible assets

4

53,867

52,229

CURRENT ASSETS

Stocks

5

13,987

18,024

Debtors

6

279,871

348,516

Cash in hand

178,847

204,132

472,705

570,672

CREDITORS

Amounts falling due within one year

7

199,776

301,800

NET CURRENT ASSETS

272,929

268,872

TOTAL ASSETS LESS CURRENT LIABILITIES

326,796

321,101

CREDITORS

Amounts falling due after more than one year

8

(8,334

)

(18,333

)

PROVISIONS FOR LIABILITIES

(10,235

)

(10,000

)

NET ASSETS

308,227

292,768

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

308,127

292,668

SHAREHOLDERS' FUNDS

308,227

292,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 2 June 2026 and were signed by:

P H Bessell - Director

1.	STATUTORY INFORMATION

Uk Industrial Pallets (Southern) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents the total invoice value, excluding value added tax, of goods sold during the year.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% 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.

Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

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 12 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 October 2024

70,512

26,093

48,015

144,620

Additions

-

-

12,500

12,500

At 30 September 2025

70,512

26,093

60,515

157,120

DEPRECIATION

At 1 October 2024

46,286

22,556

23,549

92,391

Charge for year

4,845

707

5,310

10,862

At 30 September 2025

51,131

23,263

28,859

103,253

NET BOOK VALUE

At 30 September 2025

19,381

2,830

31,656

53,867

At 30 September 2024

24,226

3,537

24,466

52,229

5.

STOCKS

2025

2024

£

£

Stocks

13,987

18,024

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

213,835

283,263

Amounts owed by participating interests

64,104

64,104

Other debtors

1,932

1,149

279,871

348,516

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

27,760

87,172

Trade creditors

64,179

65,911

Taxation and social security

56,425

83,483

Other creditors

51,412

65,234

199,776

301,800

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

8,334

18,333