Ultra Tectonic Systems Limited,Ltd - AccountsLtd - Accounts

Ultra Tectonic Systems Limited,Ltd - AccountsLtd - Accounts

ULTRA TECTONIC SYSTEMS LIMITED - Company Information

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2018-01-01 04131963 2018-12-31 04131963 2018-01-01 2018-12-31 04131963 2017-12-31 04131963 2017-01-01 2017-12-31 04131963 uk-core:WithinOneYear 2017-12-31 04131963 uk-core:WithinOneYear 2018-12-31 04131963 uk-core:AfterOneYear 2017-12-31 04131963 uk-core:AfterOneYear 2018-12-31 04131963 uk-core:ShareCapital 2018-12-31 04131963 uk-core:ShareCapital 2017-12-31 04131963 uk-core:RetainedEarningsAccumulatedLosses 2018-12-31 04131963 uk-core:RetainedEarningsAccumulatedLosses 2017-12-31 04131963 uk-bus:Director1 2018-01-01 2018-12-31 04131963 uk-core:ComputerEquipment 2018-01-01 2018-12-31 04131963 uk-core:OtherVehicles 2018-01-01 2018-12-31 04131963 uk-core:ComputerEquipment 2017-12-31 04131963 uk-core:OtherVehicles 2017-12-31 04131963 uk-core:OtherVehicles 2018-12-31 04131963 uk-core:ComputerEquipment 2018-12-31 iso4217:GBP xbrli:pure 04131963 uk-bus:AuditExemptWithAccountantsReport 2018-01-01 2018-12-31 04131963 uk-bus:FRS102 2018-01-01 2018-12-31 04131963 uk-bus:FullAccounts 2018-01-01 2018-12-31 04131963 uk-bus:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31
Ultra Tectonic Systems Limited
Registered Number:04131963
For the year ended 31 December 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2018
Ultra Tectonic Systems Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 31 December 2018
Ultra Tectonic Systems Limited
Statement of Financial Position
Registered Number :
04131963
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
11,700
5,003
2
11,700
5,003
Current assets
Trade and other receivables
5,793
-
3
5,242
Cash and cash equivalents
2,855
2,855
11,035
Trade and other payables: amounts falling due within one
year
(22,096)
(22,212)
4
(11,061)
(19,357)
Net current liabilities
Total assets less current liabilities
(7,657)
(6,058)
Trade and other payables: amounts falling due after more
than one year
-
(9,250)
5
(16,907)
Net liabilities
(6,058)
Capital and reserves
Called up share capital
1
1
Retained earnings
(16,908)
(6,059)
(16,907)
(6,058)
Shareholders' funds
For the year ended 31 December 2018 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 of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
L J Beever Director
These financial statements were approved and authorised for issue by the Board on 16 September 2019 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 December 2018
Ultra Tectonic Systems Limited
Notes to the Financial Statements
Statutory Information
Ultra Tectonic Systems Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04131963.
Principal place of business:
Meridian
Shrophouse Lane
Farley Green
Surrey
GU5 9EG
Registered address:
Forest Lodge
Forest Road
Pyrford
Surrey
GU22 8NA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33.3 % Straight line
Computer Equipment
25 % Straight line
Motor Vehicles
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2 of 4
5
For the year ended 31 December 2018
Ultra Tectonic Systems Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
£
£
£
Cost or
valuation
At 01 January 2018
19,527
13,037
6,490
15,600
-
15,600
Additions
-
(6,490)
Disposals
(6,490)
At 31 December 2018
15,600
13,037
28,637
Provision for depreciation and impairment
At 01 January 2018
14,524
13,037
1,487
Charge for year
5,523
-
5,523
(3,110)
-
(3,110)
On disposal
At 31 December 2018
16,937
13,037
3,900
At 31 December 2018
Net book value
11,700
-
11,700
At 31 December 2017
5,003
-
5,003
3. Trade and other receivables
2017
2018
£
£
Trade debtors
-
5,028
Other debtors
-
765
5,793
-
4. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Trade creditors
4,136
8,753
Taxation and social security
5,947
11,256
Other creditors
12,129
2,087
22,212
22,096
5. Trade and other payables: amounts falling due after more than one year
2017
2018
£
£
Other creditors
9,250
-
3 of 4
6
For the year ended 31 December 2018
Ultra Tectonic Systems Limited
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 0
4 of 4