ULTRA HORIZON LTD
ULTRA HORIZON LTD
ULTRA HORIZON LTD
Company Registration Number:
10429944 (England and Wales)
Unaudited statutory accounts for the year ended 31 October 2021
Period of accounts
Start date: 1 November 2020
End date: 31 October 2021
ULTRA HORIZON LTD
Contents of the Financial Statements
for the Period Ended 31 October 2021
Balance sheet | |
Additional notes | |
Balance sheet notes |
ULTRA HORIZON LTD
Balance sheet
As at
Notes | 2021 | 2020 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Total net assets (liabilities): | | ( | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | ( | |
Total Shareholders' funds: | | ( |
The notes form part of these financial statements
ULTRA HORIZON LTD
Balance sheet statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
ULTRA HORIZON LTD
Notes to the Financial Statements
for the Period Ended 31 October 2021
-
1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Tangible fixed assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Computer equipment - over 3 years Other accounting policies
Debtors - Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.Creditors - Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Foreign currency translation - Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.Pensions - Contributions to defined contribution plans are expensed in the period to which they relate.
ULTRA HORIZON LTD
Notes to the Financial Statements
for the Period Ended 31 October 2021
-
2. Employees
2021 2020 Average number of employees during the period 5 2
ULTRA HORIZON LTD
Notes to the Financial Statements
for the Period Ended 31 October 2021
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2020 | | | ||||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 October 2021 | | | ||||
Depreciation | ||||||
At 1 November 2020 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 October 2021 | | | ||||
Net book value | ||||||
At 31 October 2021 | | | ||||
At 31 October 2020 | | |
ULTRA HORIZON LTD
Notes to the Financial Statements
for the Period Ended 31 October 2021
4. Debtors
2021 | 2020 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Total | | |
ULTRA HORIZON LTD
Notes to the Financial Statements
for the Period Ended 31 October 2021
5. Creditors: amounts falling due within one year note
2021 | 2020 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Other creditors | | |
Total | | |
ULTRA HORIZON LTD
Notes to the Financial Statements
for the Period Ended 31 October 2021
6. Creditors: amounts falling due after more than one year note
2021 | 2020 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Other creditors | | |
Total | | |