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REGISTERED NUMBER: 09672813 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ULTIMATE FLOOR CARE UK LTD

ULTIMATE FLOOR CARE UK LTD (REGISTERED NUMBER: 09672813)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ULTIMATE FLOOR CARE UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P De Wet
Mrs L De Wet





REGISTERED OFFICE: Denny Lodge Business Park
Ely Road
Chittering
Cambridgeshire
CB25 9PH





REGISTERED NUMBER: 09672813 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

ULTIMATE FLOOR CARE UK LTD (REGISTERED NUMBER: 09672813)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,941 -
Tangible assets 5 426 538
7,367 538

CURRENT ASSETS
Stocks 87,790 88,770
Debtors 6 5,549 9,612
Cash at bank 904 1,107
94,243 99,489
CREDITORS
Amounts falling due within one year 7 44,346 107,169
NET CURRENT ASSETS/(LIABILITIES) 49,897 (7,680 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,264

(7,142

)

CREDITORS
Amounts falling due after more than one
year

8

(77,577

)

(13,534

)

PROVISIONS FOR LIABILITIES - (102 )
NET LIABILITIES (20,313 ) (20,778 )

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings (20,414 ) (20,879 )
(20,313 ) (20,778 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ULTIMATE FLOOR CARE UK LTD (REGISTERED NUMBER: 09672813)

BALANCE SHEET - continued
31 MARCH 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:





P De Wet - Director


ULTIMATE FLOOR CARE UK LTD (REGISTERED NUMBER: 09672813)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Ultimate Floor Care UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31st March 2024 the company's total liabilities exceeded its total assets by £20,313.The company is reliant upon the continued support of its directors, bank and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided, as necessary, to enable the company to continue as a going concern.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Current 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 3 ) .

ULTIMATE FLOOR CARE UK LTD (REGISTERED NUMBER: 09672813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Website
development
£   
COST
At 1 April 2023 4,383
Additions 9,255
At 31 March 2024 13,638
AMORTISATION
At 1 April 2023 4,383
Amortisation for year 2,314
At 31 March 2024 6,697
NET BOOK VALUE
At 31 March 2024 6,941
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023 1,777
Additions 250
At 31 March 2024 2,027
DEPRECIATION
At 1 April 2023 1,239
Charge for year 362
At 31 March 2024 1,601
NET BOOK VALUE
At 31 March 2024 426
At 31 March 2023 538

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,197 9,083
Prepayments 1,352 529
5,549 9,612

ULTIMATE FLOOR CARE UK LTD (REGISTERED NUMBER: 09672813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,643 18,422
Trade creditors 12,237 48,223
Tax 452 314
Social security and other taxes 639 622
VAT 3,422 7,541
Other creditors 3,813 1,708
Directors' current accounts 4,840 29,439
Accruals and deferred income 1,300 900
44,346 107,169

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 7,577 13,534
Directors' loan accounts 70,000 -
77,577 13,534

9. RELATED PARTY DISCLOSURES

The controlling party is P De Wet.