Ultra Service Agencies Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 02661938 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 November 2023

for

Ultra Service Agencies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Knox

REGISTERED OFFICE:

3 Stadium Court

Plantation Road

Wirral

Merseyside

CH62 3QG

REGISTERED NUMBER:

02661938 (England and Wales)

ACCOUNTANTS:

Woodhouse

25 Netherwood Road

Manchester

M22 4BW

FIXED ASSETS

Tangible assets

4

12,125

24,250

CURRENT ASSETS

Debtors

5

1,782,288

398,918

Cash at bank and in hand

23,898

739

1,806,186

399,657

CREDITORS

Amounts falling due within one year

6

1,856,736

423,659

NET CURRENT LIABILITIES

(50,550

)

(24,002

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(38,425

)

248

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(38,625

)

48

(38,425

)

248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 May 2024 and were signed by:

A Knox - Director

1.	STATUTORY INFORMATION

Ultra Service Agencies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 November 2022

and 29 November 2023

24,250

DEPRECIATION

Charge for year

12,125

At 29 November 2023

12,125

NET BOOK VALUE

At 29 November 2023

12,125

At 29 November 2022

24,250

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.11.23

29.11.22

£

£

Trade debtors

1,047,480

231,625

Other debtors

734,808

167,293

1,782,288

398,918

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.11.23

29.11.22

£

£

Bank loans and overdrafts

-

4,800

Trade creditors

1,837,679

374,261

Taxation and social security

19,057

15,265

Other creditors

-

29,333

1,856,736

423,659