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 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

UK POWERTECH LTD.

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

UK POWERTECH LTD.

Balance sheet

As at 31 May 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 283,096 205,873
Total fixed assets: 283,096 205,873
Current assets
Stocks: 189,020 108,900
Debtors: 4 659,657 490,154
Cash at bank and in hand: 644,562 556,532
Total current assets: 1,493,239 1,155,586
Creditors: amounts falling due within one year: 5 (635,756) (367,408)
Net current assets (liabilities): 857,483 788,178
Total assets less current liabilities: 1,140,579 994,051
Creditors: amounts falling due after more than one year: 6 (21,126) (32,253)
Provision for liabilities: (26,530) (26,530)
Total net assets (liabilities): 1,092,923 935,268
Capital and reserves
Called up share capital: 101 101
Profit and loss account: 1,092,822 935,167
Shareholders funds: 1,092,923 935,268

The notes form part of these financial statements

UK POWERTECH LTD.

Balance sheet statements

For the year ending 31 May 2023 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 15 December 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 2023

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 2023

2. Employees

2023 2022
Average number of employees during the period 20 22

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 495,286
Additions 131,156
At 31 May 2023 626,442
Depreciation
At 01 June 2022 289,413
Charge for year 53,933
At 31 May 2023 343,346
Net book value
At 31 May 2023 283,096
At 31 May 2022 205,873

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due within one year note

2023Bank loans and overdrafts £10,000Trade creditors £482,334Taxation and social security £66,092Other creditors £77,330Total £635,7562022Bank loans and overdrafts £8,874Trade creditors £249,078Taxation and social security £65,027Other creditors £44,429Total £367,408

UK POWERTECH LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

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

2023Bank Loans £21,1262022Bank Loans £32,253