UNIVERSAL GENERAL TRADING CO. LIMITED

Company Registration Number:
01699669 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

UNIVERSAL GENERAL TRADING CO. LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

UNIVERSAL GENERAL TRADING CO. LIMITED

Company Information

for the Period Ended 31 March 2023




Director: sonjoy chatterjee
Registered office: 14
Westbourne Gardens
London
W2 5PU
Company Registration Number: 01699669 (England and Wales)

UNIVERSAL GENERAL TRADING CO. LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

production and marketing of a hair accessory

Political and charitable donations

nil

Company policy on the employment of disabled persons

none

Additional information

none

Directors

The director(s) shown below were appointed to the company during the period
sonjoy chatterjee
01 April 2022

This report was approved by the board of directors on 10 September 2023
And Signed On Behalf Of The Board By:

Name: sonjoy chatterjee
Status: Director

UNIVERSAL GENERAL TRADING CO. LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 0 1
Total fixed assets: 0 1
Current assets
Stocks: 1,770 1,770
Debtors: 5 0 0
Cash at bank and in hand: 253 248
Total current assets: 2,023 2,018
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 11,482 ) ( 11,412 )
Net current assets (liabilities): ( 9,459 ) ( 9,394 )
Total assets less current liabilities: ( 9,459 ) ( 9,393 )
Creditors: amounts falling due after more than one year: 7 ( 80,350 ) ( 80,350 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 89,809 ) ( 89,743 )

The notes form part of these financial statements

UNIVERSAL GENERAL TRADING CO. LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 89,811 ) ( 89,745 )
Shareholders funds: ( 89,809 ) ( 89,743 )

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 10 September 2023
And Signed On Behalf Of The Board By:

Name: sonjoy chatterjee
Status: Director

The notes form part of these financial statements

UNIVERSAL GENERAL TRADING CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 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

    The financial statements have been prepared in accordance with applicable accounting standards and under the historical cost convention.

    The financial statements have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of the going concern basis is dependent upon the continuous support of the loan creditor.

UNIVERSAL GENERAL TRADING CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

UNIVERSAL GENERAL TRADING CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

UNIVERSAL GENERAL TRADING CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2022 1,554 1,554
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 1,554 1,554
Depreciation
At 01 April 2022 1,553 1,553
Charge for year 1 1
On disposals - -
Other adjustments - -
At 31 March 2023 1,554 1,554
Net book value
At 31 March 2023 0 0
At 31 March 2022 1 1

office equipment was written off to zero during the year as depreciation of £1 was charged

UNIVERSAL GENERAL TRADING CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

UNIVERSAL GENERAL TRADING CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 11,482 11,412
Total 11,482 11,412

the amount is the balance on the directors current account

UNIVERSAL GENERAL TRADING CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 80,350 80,350
Total 80,350 80,350

is a loan account