IRIS Accounts Production v24.2.0.383 04559525 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045595252023-03-31045595252024-03-31045595252023-04-012024-03-31045595252022-03-31045595252022-04-012023-03-31045595252023-03-3104559525ns15:EnglandWales2023-04-012024-03-3104559525ns14:PoundSterling2023-04-012024-03-3104559525ns10:Director12023-04-012024-03-3104559525ns10:Director22023-04-012024-03-3104559525ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104559525ns10:SmallEntities2023-04-012024-03-3104559525ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104559525ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104559525ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104559525ns10:FullAccounts2023-04-012024-03-3104559525ns10:CompanySecretary12023-04-012024-03-3104559525ns10:RegisteredOffice2023-04-012024-03-3104559525ns5:CurrentFinancialInstruments2024-03-3104559525ns5:CurrentFinancialInstruments2023-03-3104559525ns5:Non-currentFinancialInstruments2024-03-3104559525ns5:Non-currentFinancialInstruments2023-03-3104559525ns5:ShareCapital2024-03-3104559525ns5:ShareCapital2023-03-3104559525ns5:FurtherSpecificReserve1ComponentTotalEquity2024-03-3104559525ns5:FurtherSpecificReserve1ComponentTotalEquity2023-03-3104559525ns5:RetainedEarningsAccumulatedLosses2024-03-3104559525ns5:RetainedEarningsAccumulatedLosses2023-03-3104559525ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104559525ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104559525ns5:Non-currentFinancialInstruments2023-04-012024-03-31
REGISTERED NUMBER: 04559525 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

UBRIDGE LTD

UBRIDGE LTD (REGISTERED NUMBER: 04559525)






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


UBRIDGE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M Taylor
T C Morgan





SECRETARY: M Taylor





REGISTERED OFFICE: 6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 04559525 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

UBRIDGE LTD (REGISTERED NUMBER: 04559525)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 850,000 850,000
Debtors 4 105 102
Cash at bank 1,998 1,422
852,103 851,524
CREDITORS
Amounts falling due within one year 5 233,624 219,414
NET CURRENT ASSETS 618,479 632,110
TOTAL ASSETS LESS CURRENT
LIABILITIES

618,479

632,110

CREDITORS
Amounts falling due after more than one
year

6

(490,470

)

(484,556

)

PROVISIONS FOR LIABILITIES (61,761 ) (61,761 )
NET ASSETS 66,248 85,793

CAPITAL AND RESERVES
Called up share capital 20,100 20,100
Other reserves 263,298 263,298
Retained earnings (217,150 ) (197,605 )
SHAREHOLDERS' FUNDS 66,248 85,793

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.

UBRIDGE LTD (REGISTERED NUMBER: 04559525)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by:




T C Morgan - Director



M Taylor - Director


UBRIDGE LTD (REGISTERED NUMBER: 04559525)

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

1. STATUTORY INFORMATION

Ubridge 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 represents rental income received and income generated from property management services.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 105 102

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (5 ) -
Other creditors 233,629 219,414
233,624 219,414

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

Bank loans are secured by way of first legal fixed charge in respect of the properties held by the company. In addition, the bank loans are secured by way of a fixed and floating charges over all properties and assets of the company.

7. INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.