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Company Registration No. 07835627 (England and Wales)
UNIVERSAL DEALERS LTD Provisional ACCOUNTS for the year ended 31 January 2024
UNIVERSAL DEALERS LTD Provisional ACCOUNTS Contents
Page
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UNIVERSAL DEALERS LTD Company Information for the year ended 31 January 2024
Director
TARIQ MAHMOOD
Company Number
07835627 (England and Wales)
Registered Office
86 HAMER LANE ROCHDALE OL16 2UL ENGLAND
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UNIVERSAL DEALERS LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,378 
21,849 
Current assets
Inventories
40,677 
44,677 
Debtors
7,606 
- 
Cash at bank and in hand
13,724 
6,632 
62,007 
51,309 
Creditors: amounts falling due within one year
(23,636)
(12,625)
Net current assets
38,371 
38,684 
Total assets less current liabilities
56,749 
60,533 
Creditors: amounts falling due after more than one year
(36,544)
(42,436)
Net assets
20,205 
18,097 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
20,105 
17,997 
Shareholders' funds
20,205 
18,097 
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2024 and were signed on its behalf by
TARIQ MAHMOOD Director Company Registration No. 07835627
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UNIVERSAL DEALERS LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
UNIVERSAL DEALERS LTD is a private company, limited by shares, registered in England and Wales, registration number 07835627. The registered office is 86 HAMER LANE, ROCHDALE, OL16 2UL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10%
Motor vehicles
10%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
21,106 
8,300 
4,657 
34,063 
Additions
- 
- 
500 
500 
At 31 January 2024
21,106 
8,300 
5,157 
34,563 
Depreciation
At 1 February 2023
8,883 
2,490 
841 
12,214 
Charge for the year
2,625 
830 
516 
3,971 
At 31 January 2024
11,508 
3,320 
1,357 
16,185 
Net book value
At 31 January 2024
9,598 
4,980 
3,800 
18,378 
At 31 January 2023
12,223 
5,810 
3,816 
21,849 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
7,606 
- 
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UNIVERSAL DEALERS LTD Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
633 
4,074 
Trade creditors
21,651 
3,788 
Taxes and social security
1,352 
3,511 
Accruals
- 
1,252 
23,636 
12,625 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,123 
32,674 
Loans from directors
9,421 
9,762 
36,544 
42,436 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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