Company Registration No. 07314065 (England and Wales)
UK National Gas Ltd
Unaudited accounts
for the year ended 31 July 2020
UK National Gas Ltd
Unaudited accounts
Contents
UK National Gas Ltd
Company Information
for the year ended 31 July 2020
Directors
MD Arafath Bin Kasham
Shamima Sultana
Company Number
07314065 (England and Wales)
Registered Office
COTSWOLD HOUSE
219 MARSH WALL
LONDON
E14 9FJ
ENGLAND
UK National Gas Ltd
Statement of financial position
as at
31 July 2020
Cash at bank and in hand
279,564
61,525
Creditors: amounts falling due within one year
(526,889)
(425,288)
Net current liabilities
(247,325)
(363,763)
Net liabilities
(247,325)
(363,763)
Called up share capital
1
1
Profit and loss account
(247,326)
(363,764)
Shareholders' funds
(247,325)
(363,763)
For the year ending 31 July 2020 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 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 the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 19 February 2021 and were signed on its behalf by
MD Arafath Bin Kasham
Director
Company Registration No. 07314065
UK National Gas Ltd
Notes to the Accounts
for the year ended 31 July 2020
UK National Gas Ltd is a private company, limited by shares, registered in England and Wales, registration number 07314065. The registered office is COTSWOLD HOUSE, 219 MARSH WALL, LONDON, E14 9FJ, ENGLAND.
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.
These financial statements for the year ended 31 July 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2018.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Average number of employees
During the year the average number of employees was 15 (2019: 15).