Company Registration No. 03542139 (England and Wales)
UNIVERSAL COMMERCIAL VEHICLES (EXPORT) LIMITED
Unaudited accounts
for the year ended 30 April 2024
UNIVERSAL COMMERCIAL VEHICLES (EXPORT) LIMITED
Unaudited accounts
Contents
UNIVERSAL COMMERCIAL VEHICLES (EXPORT) LIMITED
Company Information
for the year ended 30 April 2024
Directors
Rubina Aurangzeb
Aurangzeb
Mohsin Aurangzeb
A AURANGZEB
MOHSIN AURANGZEB
Company Number
03542139 (England and Wales)
Registered Office
Halifax Road
Hipperholme
Halifax
HX3 8EF
UNIVERSAL COMMERCIAL VEHICLES (EXPORT) LIMITED
Statement of financial position
as at 30 April 2024
Intangible assets
125,083
125,083
Tangible assets
678,598
682,106
Inventories
192,250
151,250
Debtors
3,048,860
3,059,826
Cash at bank and in hand
635,421
1,028,790
Creditors: amounts falling due within one year
(625,440)
(1,149,509)
Net current assets
3,251,091
3,090,357
Net assets
4,054,772
3,897,546
Called up share capital
2
2
Profit and loss account
4,054,770
3,897,544
Shareholders' funds
4,054,772
3,897,546
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by
Aurangzeb
Director
Company Registration No. 03542139
UNIVERSAL COMMERCIAL VEHICLES (EXPORT) LIMITED
Notes to the Accounts
for the year ended 30 April 2024
UNIVERSAL COMMERCIAL VEHICLES (EXPORT) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03542139. The registered office is Halifax Road, Hipperholme, Halifax, HX3 8EF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
At the time of approving the financial statements , the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future .Thus the director continues to adopt the going concern basis in preparing the financial statements
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
UNIVERSAL COMMERCIAL VEHICLES (EXPORT) LIMITED
Notes to the Accounts
for the year ended 30 April 2024
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
662,224
31,867
75,680
769,771
At 30 April 2024
662,224
31,867
75,680
769,771
At 1 May 2023
-
29,581
58,084
87,665
Charge for the year
-
403
3,105
3,508
At 30 April 2024
-
29,984
61,189
91,173
At 30 April 2024
662,224
1,883
14,491
678,598
At 30 April 2023
662,224
2,286
17,596
682,106
Amounts falling due within one year
Trade debtors
963,117
1,153,037
Accrued income and prepayments
38,813
30,905
Other debtors
2,006,556
1,823,446
UNIVERSAL COMMERCIAL VEHICLES (EXPORT) LIMITED
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
939
Trade creditors
522,507
872,532
Taxes and social security
73,581
65,756
Loans from directors
16,242
52,172
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).