Universal Assets Limited Filleted accounts for Companies House (small and micro)
Universal Assets Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
03379596
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Financial Statements |
Year ended 30 June 2022
Contents |
Page |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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Provisions
Taxation including deferred tax |
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Net assets |
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Capital and reserves
Called up share capital |
9 |
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Share premium account |
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Capital redemption reserve |
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Profit and loss account |
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Shareholder funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
27 June 2023
, and are signed on behalf of the board by:
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Director |
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Company registration number:
03379596
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Notes to the Financial Statements |
Year ended 30 June 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Wye Lodge, 66 High Street, Old Stevenage, Hertfordshire, SG1 3EA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
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Investment property
Impairment of fixed assets
Government grants
Provisions
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2021:
1
).
5.
Tangible assets
Equipment |
Investment property |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 July 2021 |
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1,444,008
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Additions |
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– |
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At 30 June 2022 |
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Depreciation |
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At 1 July 2021 |
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– |
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Charge for the year |
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– |
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At 30 June 2022 |
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– |
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Carrying amount |
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At 30 June 2022 |
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At 30 June 2021 |
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6.
Debtors
2022 |
2021 |
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£ |
£ |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
Trade creditors |
– |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
– |
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Other creditors |
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8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts |
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9.
Called up share capital
Issued, called up and fully paid
2022 |
2021 |
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No. |
£ |
No. |
£ |
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250 |
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250 |
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