1 October 2024 false No description of principal activity Taxfiler 2024.6 08227251business:PrivateLimitedCompanyLtd2024-10-012025-09-30 082272512024-09-30 082272512024-10-012025-09-30 08227251business:AuditExemptWithAccountantsReport2024-10-012025-09-30 08227251business:FilletedAccounts2024-10-012025-09-30 082272512025-09-30 08227251business:Director12024-10-012025-09-30 08227251business:RegisteredOffice2024-10-012025-09-30 082272512024-09-30 08227251core:WithinOneYear2025-09-30 08227251core:WithinOneYear2024-09-30 08227251core:AfterOneYear2025-09-30 08227251core:AfterOneYear2024-09-30 08227251core:ShareCapitalcore:PreviouslyStatedAmount2025-09-30 08227251core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 08227251core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 08227251core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 08227251core:PreviouslyStatedAmount2025-09-30 08227251core:PreviouslyStatedAmount2024-09-30 08227251business:SmallEntities2024-10-012025-09-30 08227251countries:EnglandWales2024-10-012025-09-30 08227251core:PlantMachinery2024-10-012025-09-30 08227251core:MotorVehicles2024-10-012025-09-30 08227251core:ComputerEquipment2024-10-012025-09-30 08227251core:PlantMachinery2024-09-30 08227251core:MotorVehicles2024-09-30 08227251core:ComputerEquipment2024-09-30 08227251core:PlantMachinery2025-09-30 08227251core:MotorVehicles2025-09-30 08227251core:ComputerEquipment2025-09-30 082272512023-10-012024-09-30 iso4217:GBP xbrli:pure
Company Registration No. 08227251 (England and Wales)
Usedful Limited Unaudited accounts for the year ended 30 September 2025
Usedful Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Usedful Limited Company Information for the year ended 30 September 2025
Director
Ioannis STATHIS
Company Number
08227251 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR United Kingdom
Accountants
Westridge Accountants Ltd www.westridgeaccountants.co.uk
- 3 -
Usedful Limited Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
61,738 
61,742 
Debtors
5
130,309 
135,998 
Cash at bank and in hand
31,814 
71,858 
223,861 
269,598 
Creditors: amounts falling due within one year
6
(140,844)
(237,485)
Net current assets
83,017 
32,113 
Total assets less current liabilities
83,017 
32,113 
Creditors: amounts falling due after more than one year
7
(6,762)
(16,295)
Net assets
76,255 
15,818 
Capital and reserves
Called up share capital
11 
11 
Profit and loss account
76,244 
15,807 
Shareholders' funds
76,255 
15,818 
For the year ending 30 September 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 30 November 2025 and were signed on its behalf by
Ioannis STATHIS Director Company Registration No. 08227251
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Usedful Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Usedful Limited is a private company, limited by shares, registered in England and Wales, registration number 08227251. The registered office is 7 Bell Yard, London, WC2A 2JR, 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.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15%
Motor vehicles
25%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2024
115,320 
8,175 
12,977 
136,472 
Disposals
(115,320)
(8,175)
- 
(123,495)
At 30 September 2025
- 
- 
12,977 
12,977 
Depreciation
At 1 October 2024
115,320 
8,175 
12,977 
136,472 
On disposals
(115,320)
(8,175)
- 
(123,495)
At 30 September 2025
- 
- 
12,977 
12,977 
Net book value
At 30 September 2025
- 
- 
- 
- 
- 5 -
Usedful Limited Notes to the Accounts for the year ended 30 September 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
2,151 
- 
Trade debtors
86,114 
78,556 
Other debtors
40,929 
57,442 
129,194 
135,998 
Amounts falling due after more than one year
Other debtors
1,115 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
(19,190)
Trade creditors
109,085 
165,002 
Taxes and social security
22,546 
15,265 
Other creditors
9,213 
1,689 
Accruals
- 
5,492 
Deferred income
- 
69,227 
140,844 
237,485 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
6,762 
17,410 
Obligations under finance leases and hire purchase contracts
- 
(1,115)
6,762 
16,295 
8
Average number of employees
During the year the average number of employees was 6 (2024: 6).
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