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REGISTERED NUMBER: 10875799 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st July 2023

for

Ubiquitous Engineering Ltd

Ubiquitous Engineering Ltd (Registered number: 10875799)






Contents of the Financial Statements
for the Year Ended 31st July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ubiquitous Engineering Ltd

Company Information
for the Year Ended 31st July 2023







DIRECTOR: Miss C Pickett





REGISTERED OFFICE: Unit 3 Middle Enterprise Road
The Crown Business Park
Old Dalby
Leicestershire
LE14 3BU





REGISTERED NUMBER: 10875799 (England and Wales)





ACCOUNTANTS: Noy & Partners Accountants Limited
17 Farrington Way
Eastwood
Nottingham
Nottinghamshire
NG16 3BF

Ubiquitous Engineering Ltd (Registered number: 10875799)

Balance Sheet
31st July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 366,404 379,225

CURRENT ASSETS
Debtors 5 24,177 11,675
Cash at bank 24,436 2,271
48,613 13,946
CREDITORS
Amounts falling due within one year 6 164,841 121,379
NET CURRENT LIABILITIES (116,228 ) (107,433 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

250,176

271,792

CREDITORS
Amounts falling due after more than one
year

7

(85,403

)

(162,193

)

PROVISIONS FOR LIABILITIES 8 (22,445 ) (17,609 )
NET ASSETS 142,328 91,990

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 142,228 91,890
SHAREHOLDERS' FUNDS 142,328 91,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Ubiquitous Engineering Ltd (Registered number: 10875799)

Balance Sheet - continued
31st July 2023


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 16th April 2024 and were signed by:





Miss C Pickett - Director


Ubiquitous Engineering Ltd (Registered number: 10875799)

Notes to the Financial Statements
for the Year Ended 31st July 2023

1. STATUTORY INFORMATION

Ubiquitous Engineering Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - 2% on cost
Improvements to property - 10% on cost
Plant and machinery - 33% on cost, 25% on cost, 25% on reducing balance and 20% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 15% on cost

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Ubiquitous Engineering Ltd (Registered number: 10875799)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1st August 2022 247,394 1,839 183,638
Additions - 2,067 12,577
At 31st July 2023 247,394 3,906 196,215
DEPRECIATION
At 1st August 2022 4,948 184 59,686
Charge for year 4,968 390 29,512
At 31st July 2023 9,916 574 89,198
NET BOOK VALUE
At 31st July 2023 237,478 3,332 107,017
At 31st July 2022 242,446 1,655 123,952

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st August 2022 - 24,995 1,838 459,704
Additions 8,783 - 6,927 30,354
At 31st July 2023 8,783 24,995 8,765 490,058
DEPRECIATION
At 1st August 2022 - 14,757 904 80,479
Charge for year 1,318 4,999 1,988 43,175
At 31st July 2023 1,318 19,756 2,892 123,654
NET BOOK VALUE
At 31st July 2023 7,465 5,239 5,873 366,404
At 31st July 2022 - 10,238 934 379,225

Ubiquitous Engineering Ltd (Registered number: 10875799)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st August 2022
and 31st July 2023 16,888 24,995 41,883
DEPRECIATION
At 1st August 2022 7,388 14,757 22,145
Charge for year 4,222 4,999 9,221
At 31st July 2023 11,610 19,756 31,366
NET BOOK VALUE
At 31st July 2023 5,278 5,239 10,517
At 31st July 2022 9,500 10,238 19,738

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 23,265 3,599
Other debtors 912 8,076
24,177 11,675

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,466 9,797
Hire purchase contracts 11,301 14,151
Trade creditors 4,692 3,821
Taxation and social security 17,058 (8,623 )
Other creditors 127,324 102,233
164,841 121,379

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 32,403 31,858
Hire purchase contracts - 11,224
Other creditors 53,000 119,111
85,403 162,193

Ubiquitous Engineering Ltd (Registered number: 10875799)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2023

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 22,445 17,609

Deferred
tax
£   
Balance at 1st August 2022 17,609
Provided during year 4,836
Balance at 31st July 2023 22,445

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100