ULSAM LIMITED

Company Registration Number:
08682074 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

ULSAM LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ULSAM LIMITED

Company Information

for the Period Ended 30 September 2024




Director: Ayaz Ahmed
Registered office: Flat 1
21 De Vere Gardens
London
England
W8 5AN
Company Registration Number: 08682074 (England and Wales)

ULSAM LIMITED

Directors' Report Period Ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal Activities

Holding of freehold and leasehold property for letting

Directors

The directors shown below have held office during the whole of the period from 01 October 2023 to 30 September 2024
Ayaz Ahmed

This report was approved by the board of directors on 29 December 2024
And Signed On Behalf Of The Board By:

Name: Ayaz Ahmed
Status: Director

ULSAM LIMITED

Profit and Loss Account

for the Period Ended 30 September 2024


Notes

2024
£

2023
£
Turnover 58,373 0
Cost of sales ( 3,000 ) ( 0 )
Gross Profit or (Loss) 55,373 0
Operating Profit or (Loss) 55,373 0
Interest Payable and Similar Charges ( 55,373 ) -
Profit or (Loss) Before Tax 0 0
Profit or (Loss) for Period 0 0

The notes form part of these financial statements

ULSAM LIMITED

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,500,000 1,500,000
Total fixed assets: 1,500,000 1,500,000
Current assets
Cash at bank and in hand: 99 99
Total current assets: 99 99
Net current assets (liabilities): 99 99
Total assets less current liabilities: 1,500,099 1,500,099
Creditors: amounts falling due after more than one year: 5 ( 1,500,000 ) ( 1,500,000 )
Total net assets (liabilities): 99 99

The notes form part of these financial statements

ULSAM LIMITED

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 99 99
Shareholders funds: 99 99

For the year ending 30 September 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 29 December 2024
And Signed On Behalf Of The Board By:

Name: Ayaz Ahmed
Status: Director

The notes form part of these financial statements

ULSAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover is stated net of VAT and is derived from UK

    Tangible fixed assets depreciation policy

    Freehold and long Leasehold land and buildings are not depreciated

    Valuation information and policy

    The Fixed assets are revalued on an annual basis and any difference in net recoverable, if any, is noted in the notes

ULSAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

ULSAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

ULSAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 October 2023 1,500,000 1,500,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2024 1,500,000 1,500,000
Depreciation
At 01 October 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 September 2024 - -
Net book value
At 30 September 2024 1,500,000 1,500,000
At 30 September 2023 1,500,000 1,500,000

ULSAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 1,500,000 1,500,000
Total 1,500,000 1,500,000

ULSAM LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6.1.Related party disclosures

Name of related party: Ayaz Ahmed
Description of relationship:
UCP
Description of the transaction:
All assets held by the company are financed by or guaranteed by the UCP in exchange for Capital gains, if any
Balance at 01 October 2023 1,500,000
Balance at 30 September 2024 1,500,000