2023-07-01 04469041 2024-06-30 04469041 2023-07-01 2024-06-30 04469041 uk-bus:RegisteredOffice 2023-07-01 2024-06-30 04469041 uk-bus:Director1 2023-07-01 2024-06-30 04469041 uk-bus:Director1 2024-06-30 04469041 2023-06-30 04469041 2022-07-01 2023-06-30 04469041 uk-core:WithinOneYear 2023-06-30 04469041 uk-core:WithinOneYear 2024-06-30 04469041 uk-core:AfterOneYear 2023-06-30 04469041 uk-core:AfterOneYear 2024-06-30 04469041 uk-core:ShareCapital 2024-06-30 04469041 uk-core:ShareCapital 2023-06-30 04469041 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 04469041 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 04469041 uk-core:WithinOneYear uk-core:Secured 2024-06-30 04469041 uk-core:WithinOneYear uk-core:Secured 2023-06-30 iso4217:GBP xbrli:pure 04469041 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04469041 uk-bus:FRS102 2023-07-01 2024-06-30 04469041 uk-bus:FullAccounts 2023-07-01 2024-06-30 04469041 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Draft
UNIVERSAL RETAIL LIMITED
Registered Number:04469041
For the year ended 30 June 2024
England and Wales
Report of the Director and Unaudited Financial Statements
2
Draft
For the year ended 30 June 2024
UNIVERSAL RETAIL LIMITED
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6 to 8
Notes to the Financial Statements
3
Draft
For the year ended 30 June 2024
UNIVERSAL RETAIL LIMITED
Company Information
MATTHEW PAUL ROBSON
Director
04469041
Registered Number
16 TEMPLEGATE RISE
Registered Office
LEEDS
LS15 0HG
NEWSTREET ACCOUNTING
Accountants
8/9 NEW STREET
ALFRETON, DERBYSHIRE
DE55 7BP
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4
Draft
For the year ended 30 June 2024
UNIVERSAL RETAIL LIMITED
Director's Report
The director presents his report and financial statements for the year ended 30 June 2024.
Principal activities
The principal activity of the company continued to be that of
Director
The director who served the company throughout the year was as follows:
MATTHEW PAUL ROBSON
MATTHEW PAUL ROBSON
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
06 November 2024
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5
Draft
For the year ended 30 June 2024
UNIVERSAL RETAIL LIMITED
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements
for the year ended 30 June 2024 and you consider that the company is exempt from an audit under the Companies
Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to
assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations
supplied to us.
NEWSTREET ACCOUNTING
8/9 NEW STREET
ALFRETON, DERBYSHIRE
DE55 7BP
Date:
06 November 2024
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6
Draft
For the year ended 30 June 2024
UNIVERSAL RETAIL LIMITED
Income Statement
2023
£
2024
£
Turnover
4,027,548
3,738,658
(3,500,220)
Cost of sales
(3,726,098)
238,438
Gross profit
301,450
Distribution costs
(40,196)
(26,496)
Administrative expenses
(84,922)
(89,228)
176,332
122,714
Operating profit
176,332
122,714
Interest payable and similar charges
(578)
(1,771)
175,754
120,943
Profit before taxation
(42,007)
(22,954)
Taxation
133,747
Profit for the financial year
97,989
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7
Draft
Registered Number :
04469041
As at 30 June 2024
UNIVERSAL RETAIL LIMITED
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
2,868
1,027
2
2,868
1,027
Current assets
Inventories
342,194
269,506
3
Trade and other receivables
84,563
48,877
4
6,024
Cash and cash equivalents
73,647
392,030
432,781
Trade and other payables: amounts falling due within one
year
(114,493)
(155,772)
5
318,288
236,258
Net current assets
Total assets less current liabilities
239,126
319,315
Trade and other payables: amounts falling due after more
than one year
(135,590)
-
6
(1,346)
-
Provisions for liabilities
Defined benefit pension scheme asset/liability
(195)
-
237,585
Net assets
183,725
Capital and reserves
Called up share capital
2
2
Retained earnings
237,583
183,723
237,585
183,725
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
MATTHEW PAUL ROBSON
These financial statements were approved and authorised for issue by the Board on 06 November 2024 and were signed by:
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Draft
Registered Number :
04469041
For the year ended 30 June 2024
UNIVERSAL RETAIL LIMITED
Statement of Financial Position Continued
The notes form part of these financial statements
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9
Draft
For the year ended 30 June 2024
UNIVERSAL RETAIL LIMITED
Notes to the Financial Statements
Statutory Information
UNIVERSAL RETAIL LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04469041.
Registered address:
16 TEMPLEGATE RISE
LEEDS
LS15 0HG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 July 2023
1,027
876
Additions
At 30 June 2024
1,903
Provision for depreciation and impairment
Charge for year
(965)
At 30 June 2024
(965)
At 30 June 2024
Net book value
2,868
At 30 June 2023
1,027
3. Inventories
2023
2024
£
£
Stocks
269,506
342,194
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Draft
For the year ended 30 June 2024
UNIVERSAL RETAIL LIMITED
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
16,065
47,291
Other debtors
32,812
37,272
84,563
48,877
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
19,643
29,896
Trade creditors
63,840
30,438
Taxation and social security
63,589
43,113
Other creditors
8,700
11,046
155,772
114,493
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
-
90,590
Other creditors
-
45,000
-
135,590
7. Average number of persons employed
During the year the average number of employees was 9 (2023 : 9)
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