Company Registration No. 12891001 (England and Wales)
UBIGUY LIMITED
Unaudited accounts
for the year ended 30 September 2022
UBIGUY LIMITED
Unaudited accounts
Contents
UBIGUY LIMITED
Company Information
for the year ended 30 September 2022
Directors
Christopher James Stanley BRIDGES
Christopher James Stanley BRIDGES
Company Number
12891001 (England and Wales)
Registered Office
39A QUEENS ROAD
LEEDS
LS6 1NY
ENGLAND
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
UBIGUY LIMITED
Statement of financial position
as at 30 September 2022
Tangible assets
48,062
60,075
Cash at bank and in hand
9,485
5,914
Creditors: amounts falling due within one year
(84,185)
(91,138)
Net current liabilities
(72,546)
(81,555)
Net liabilities
(24,484)
(21,480)
Called up share capital
100
100
Profit and loss account
(24,584)
(21,580)
Shareholders' funds
(24,484)
(21,480)
For the year ending 30 September 2022 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.
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 30 June 2023 and were signed on its behalf by
Christopher James Stanley BRIDGES
Director
Company Registration No. 12891001
UBIGUY LIMITED
Notes to the Accounts
for the year ended 30 September 2022
UBIGUY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12891001. The registered office is 39A QUEENS ROAD, LEEDS, LS6 1NY, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% diminishing balance method.
Fixtures & fittings
20% diminishing balance method.
Computer equipment
20% diminishing balance method.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
UBIGUY LIMITED
Notes to the Accounts
for the year ended 30 September 2022
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2021
25,316
46,942
2,835
75,093
At 30 September 2022
25,316
46,942
2,835
75,093
At 1 October 2021
5,063
9,388
567
15,018
Charge for the year
4,050
7,510
453
12,013
At 30 September 2022
9,113
16,898
1,020
27,031
At 30 September 2022
16,203
30,044
1,815
48,062
At 30 September 2021
20,253
37,554
2,268
60,075
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
5,897
4,255
Taxes and social security
4,438
1,385
Other creditors
69,568
85,498
7
Average number of employees
During the year the average number of employees was 5 (2021: 5).
