UVEM LTD

Company Registration Number:
04409845 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

UVEM LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8

UVEM LTD

Company Information

for the Period Ended 31 October 2023




Director: Philip Hale
Registered office: 2
Woodlands Lane
Shirley
Solihull
England
B90 2PT
Company Registration Number: 04409845 (England and Wales)

UVEM LTD

Directors' Report Period Ended 31 October 2023

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

Principal Activities

The principal activity of the company in the period under review was computer manufacture and consultancy.

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Philip Hale

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: Philip Hale
Status: Director

UVEM LTD

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 7,190 4,836
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 160 ) ( 190 )
Administrative Expenses ( 10,369 ) ( 9,887 )
Operating Profit or (Loss) ( 3,339 ) ( 5,241 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 320 ) ( 580 )
Profit or (Loss) Before Tax ( 3,659 ) ( 5,821 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 3,659 ) ( 5,821 )

The notes form part of these financial statements

UVEM LTD

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 5,000 5,000
Debtors: 2,500 2,500
Cash at bank and in hand: 14 20
Total current assets: 7,514 7,520
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 84,546 ) ( 79,429 )
Net current assets (liabilities): ( 77,032 ) ( 71,909 )
Total assets less current liabilities: ( 77,032 ) ( 71,909 )
Creditors: amounts falling due after more than one year: ( 3,515 ) ( 4,979 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 80,547 ) ( 76,888 )

The notes form part of these financial statements

UVEM LTD

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 80,549 ) ( 76,890 )
Shareholders funds: ( 80,547 ) ( 76,888 )

For the year ending 31 October 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 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 31 July 2024
And Signed On Behalf Of The Board By:

Name: Philip Hale
Status: Director

The notes form part of these financial statements

UVEM LTD

Notes to the Financial Statements

for the Period Ended 31 October 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

    Turnover represents net invoiced sales of goods, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and Machinery -25% on reducing balance. Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

UVEM LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

UVEM LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No