UKI Storage Solutions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07017038 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2021

for

UKI Storage Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Hancock

REGISTERED OFFICE:

Suite W11 2nd Floor

IMEX HOUSE

575-599 Maxted Road

Hemel Hempstead

Hertfordshire

HP2 7DX

REGISTERED NUMBER:

07017038 (England and Wales)

ACCOUNTANT:

G Jakeman

Suite 204, 2nd Floor

IMEX HOUSE

575-599 Maxted Road

Hemel Hempstead

Hertfordshire

HP2 7DX

FIXED ASSETS

Tangible assets

4

56,317

68,573

CURRENT ASSETS

Debtors

5

238,795

140,551

Cash at bank

-

11,216

238,795

151,767

CREDITORS

Amounts falling due within one year

6

289,332

219,677

NET CURRENT LIABILITIES

(50,537

)

(67,910

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,780

663

CREDITORS

Amounts falling due after more than one year

7

(4,970

)

(16,899

)

PROVISIONS FOR LIABILITIES

(9,497

)

(9,497

)

NET LIABILITIES

(8,687

)

(25,733

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(8,787

)

(25,833

)

SHAREHOLDERS' FUNDS

(8,687

)

(25,733

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 30 June 2022 and were signed by:

S Hancock - Director

1.	STATUTORY INFORMATION

UKI Storage Solutions Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

20% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2020 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2020

163,170

Additions

1,564

At 30 September 2021

164,734

DEPRECIATION

At 1 October 2020

94,597

Charge for year

13,820

At 30 September 2021

108,417

NET BOOK VALUE

At 30 September 2021

56,317

At 30 September 2020

68,573

5.

DEBTORS

30.9.21

30.9.20

£

£

Amounts falling due within one year:

Trade debtors

60,027

38,527

Other debtors

161,207

84,463

221,234

122,990

Amounts falling due after more than one year:

Other debtors

17,561

17,561

Aggregate amounts

238,795

140,551

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Bank loans and overdrafts

59,969

47,649

Hire purchase contracts

12,539

12,539

Trade creditors

37,622

37,149

Taxation and social security

155,802

90,758

Other creditors

23,400

31,582

289,332

219,677

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.21

30.9.20

£

£

Hire purchase contracts

4,970

16,899

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2021 and 30 September 2020:

30.9.21

30.9.20

£

£

S Hancock

Balance outstanding at start of year

84,463

-

Amounts advanced

66,854

84,463

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

151,317

84,463

9.	RELATED PARTY DISCLOSURES

At 30 September 2020 Mr Hancock's loan account was overdrawn by £84,463.00