Ultra Tectonic Systems Limited,Ltd - AccountsLtd - Accounts

Ultra Tectonic Systems Limited,Ltd - AccountsLtd - Accounts

ULTRA TECTONIC SYSTEMS LIMITED - Company Information

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2022-01-01 04131963 2022-12-31 04131963 2022-01-01 2022-12-31 04131963 2021-12-31 04131963 2021-01-01 2021-12-31 04131963 uk-core:WithinOneYear 2021-12-31 04131963 uk-core:WithinOneYear 2022-12-31 04131963 uk-core:AfterOneYear 2021-12-31 04131963 uk-core:AfterOneYear 2022-12-31 04131963 uk-core:ShareCapital 2022-12-31 04131963 uk-core:ShareCapital 2021-12-31 04131963 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 04131963 uk-core:RetainedEarningsAccumulatedLosses 2021-12-31 04131963 uk-bus:Director1 2022-01-01 2022-12-31 04131963 uk-core:ComputerEquipment 2022-01-01 2022-12-31 04131963 uk-core:OtherVehicles 2022-01-01 2022-12-31 04131963 uk-core:ComputerEquipment 2021-12-31 04131963 uk-core:OtherVehicles 2021-12-31 04131963 uk-core:OtherVehicles 2022-12-31 04131963 uk-core:ComputerEquipment 2022-12-31 iso4217:GBP xbrli:pure 04131963 uk-bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 04131963 uk-bus:FRS102 2022-01-01 2022-12-31 04131963 uk-bus:FullAccounts 2022-01-01 2022-12-31 04131963 uk-bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31
Ultra Tectonic Systems Limited
Registered Number:04131963
For the year ended 31 December 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2022
Ultra Tectonic Systems Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04131963
As at 31 December 2022
Ultra Tectonic Systems Limited
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
-
434
2
-
434
Current assets
Inventories
24,446
28,247
3
Trade and other receivables
2,331
369
4
2,025
Cash and cash equivalents
6,203
34,819
28,802
Trade and other payables: amounts falling due within one
year
(19,902)
(14,122)
5
8,900
20,697
Net current assets
Total assets less current liabilities
20,697
9,334
Trade and other payables: amounts falling due after more
than one year
(65,045)
(85,040)
6
(64,343)
Net liabilities
(55,711)
Capital and reserves
Called up share capital
1
1
Retained earnings
(64,344)
(55,712)
(64,343)
(55,711)
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2022 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 20 September 2023 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 December 2022
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:
1 Ashtrees
Cranleigh
Surrey
GU6 8DD
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
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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 2022
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 2022
30,590
14,990
15,600
At 31 December 2022
15,600
14,990
30,590
Provision for depreciation and impairment
At 01 January 2022
30,156
14,556
15,600
Charge for year
434
434
-
At 31 December 2022
30,590
14,990
15,600
At 31 December 2022
Net book value
-
-
-
At 31 December 2021
-
434
434
3. Inventories
2021
2022
£
£
Stocks
28,247
24,446
4. Trade and other receivables
2021
2022
£
£
Other debtors
369
2,331
5. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Trade creditors
10,935
15,119
Taxation and social security
844
-
Other creditors
2,343
4,783
14,122
19,902
3 of 4
6
For the year ended 31 December 2022
Ultra Tectonic Systems Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2021
2022
£
£
Other creditors
85,040
65,045
7. Average number of persons employed
During the year the average number of employees was 0
4 of 4