UNIVERSAL SECURITIES & INVESTMENTS LIMITED

Company Registration Number:
05187654 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

UNIVERSAL SECURITIES & INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

UNIVERSAL SECURITIES & INVESTMENTS LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 121,821 80,357
Tangible assets: 4 3,721 4,962
Total fixed assets: 125,542 85,319
Current assets
Debtors:   138,510 48,590
Cash at bank and in hand: 25,977 169,624
Total current assets: 164,487 218,214
Creditors: amounts falling due within one year:   (73,721) (124,840)
Net current assets (liabilities): 90,766 93,374
Total assets less current liabilities: 216,308 178,693
Total net assets (liabilities): 216,308 178,693
Capital and reserves
Called up share capital: 150,001 150,001
Share premium account: 79,140 79,140
Profit and loss account: (12,833) (50,448)
Shareholders funds: 216,308 178,693

The notes form part of these financial statements

UNIVERSAL SECURITIES & INVESTMENTS LIMITED

Balance sheet statements

For the year ending 30 June 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 October 2023
and signed on behalf of the board by:

Name: Mohammad Abdullah Shabbir, QURESHI
Status: Director

The notes form part of these financial statements

UNIVERSAL SECURITIES & INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and tradediscounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is providedat rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected usefullives.

UNIVERSAL SECURITIES & INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 6 5

UNIVERSAL SECURITIES & INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 180,935
Additions 55,000
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2023 235,935
Amortisation
At 01 July 2022 100,578
Charge for year 13,537
On disposals 0
Other adjustments (1)
At 30 June 2023 114,114
Net book value
At 30 June 2023 121,821
At 30 June 2022 80,357

UNIVERSAL SECURITIES & INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 77,204
At 30 June 2023 77,204
Depreciation
At 01 July 2022 72,242
Charge for year 1,240
Other adjustments 1
At 30 June 2023 73,483
Net book value
At 30 June 2023 3,721
At 30 June 2022 4,962