UK POWERTECH LTD.

UK POWERTECH LTD.

UK POWERTECH LTD. - Company Information

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UK POWERTECH LTD.

Company Registration Number:
04218769 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2022

Period of accounts

Start date: 01 June 2021

End date: 31 May 2022

UK POWERTECH LTD.

Contents of the Financial Statements

for the Period Ended 31 May 2022

Balance sheet
Notes

UK POWERTECH LTD.

Balance sheet

As at 31 May 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 205,873 212,235
Total fixed assets: 205,873 212,235
Current assets
Stocks: 108,900 207,550
Debtors: 4 490,154 618,982
Cash at bank and in hand: 556,532 206,605
Total current assets: 1,155,586 1,033,137
Creditors: amounts falling due within one year: 5 (367,408) (425,301)
Net current assets (liabilities): 788,178 607,836
Total assets less current liabilities: 994,051 820,071
Creditors: amounts falling due after more than one year: 6 (32,253) (50,000)
Provision for liabilities: (26,530) (26,530)
Total net assets (liabilities): 935,268 743,541
Capital and reserves
Called up share capital: 101 101
Profit and loss account: 935,167 743,440
Shareholders funds: 935,268 743,541

The notes form part of these financial statements

UK POWERTECH LTD.

Balance sheet statements

For the year ending 31 May 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 February 2023
and signed on behalf of the board by:

Name: M Rigby
Status: Director

The notes form part of these financial statements

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2022

2. Employees

2022 2021
Average number of employees during the period 22 14

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2022

3. Tangible Assets

Total
Cost £
At 01 June 2021 456,839
Additions 38,447
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2022 495,286
Depreciation
At 01 June 2021 244,604
Charge for year 44,809
On disposals 0
Other adjustments 0
At 31 May 2022 289,413
Net book value
At 31 May 2022 205,873
At 31 May 2021 212,235

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2022

5. Creditors: amounts falling due within one year note

2022Bank Loans and Overdrafts £8,874Trade Creditors £249,078Taxation and Social security £65,027Other Creditors £44,429Total £367,4082021Bank Loans and Overdrafts £0Trade Creditors £167,494Taxation and Social security £59,378Other Creditors £198,429Total £425,301

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2022

6. Creditors: amounts falling due after more than one year note

2022Bank Loans and Overdrafts £32,2532021Bank Loans and Overdrafts £50,000