UA-Connect Limited - Period Ending 2023-12-31

UA-Connect Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

UA-Connect Limited

(Registration number: 09940706)
Balance Sheet as at 31 December 2023

	Note	2023 £	2022 £
Current assets
Debtors	4	28,071	34,900
Cash at bank and in hand		10,846	7,114
		38,917	42,014
Creditors: Amounts falling due within one year	5	(38,009)	(41,539)
Net assets		908	475
Capital and reserves
Called up share capital		2	2
Retained earnings		906	473
Shareholders' funds		908	475

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 April 2024 and signed on its behalf by:
 

Mr A R Croft Director

Mr J D Shearing Director

UA-Connect Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Parkhill Business Centre
Walton Road
Wetherby
West Yorkshire
LS22 5DZ
England

These financial statements were authorised for issue by the Board on 8 April 2024.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

UA-Connect Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

UA-Connect Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

debtors

Current	2023 £	2022 £
Trade debtors	28,001	34,876
Other debtors	70	24
	28,071	34,900

5

Creditors

Creditors: amounts falling due within one year

	Note	2023 £	2022 £
Due within one year
Loans and borrowings	6	8,023	7,399
Trade creditors		4,455	5,949
Accruals and deferred income		5,644	2,724
Other creditors		19,887	25,467
		38,009	41,539

6	Loans and borrowings

	2023 £	2022 £
Current loans and borrowings
Directors Loans	8,023	7,399