REGISTERED NUMBER: 04451319 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

UBIQUENCE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M J T Davies

Mr N J Darracott

Ms B J O'Brien

SECRETARY:

Mr M J T Davies

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

04451319 (England and Wales)

ACCOUNTANTS:

MGR SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

5,818

4,956

CURRENT ASSETS

Stocks

500,000

500,000

Debtors

5

12,112

3,412

Cash at bank

40,300

38,776

552,412

542,188

CREDITORS

Amounts falling due within one year

6

(17,779

)

(18,765

)

NET CURRENT ASSETS

534,633

523,423

TOTAL ASSETS LESS CURRENT LIABILITIES

540,451

528,379

PROVISIONS FOR LIABILITIES

7

(1,454

)

(1,239

)

NET ASSETS

538,997

527,140

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

538,897

527,040

SHAREHOLDERS' FUNDS

538,997

527,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 15 August 2025 and were signed on its behalf by:

Mr M J T Davies - Director

Mr N J Darracott - Director

1.	STATUTORY INFORMATION

Ubiquence 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stock

Stock is valued at the lower of cost and net realisable value. It represents the cost of property development expenditure incurred since acquisition on properties that remain unsold at the balance sheet date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

892

14,588

15,480

Additions

-

2,398

2,398

At 31 March 2025

892

16,986

17,878

DEPRECIATION

At 1 April 2024

628

9,896

10,524

Charge for year

66

1,470

1,536

At 31 March 2025

694

11,366

12,060

NET BOOK VALUE

At 31 March 2025

198

5,620

5,818

At 31 March 2024

264

4,692

4,956

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

12,112

3,412

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

16,979

17,964

Other creditors

800

801

17,779

18,765

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

1,454

1,239

Deferred

tax

£

Balance at 1 April 2024

1,239

Charge to Income Statement during year

215

Balance at 31 March 2025

1,454

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary Shares

£1

100

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr M J T Davies

Balance outstanding at start of year

3,412

14,712

Amounts advanced

30,000

10,000

Amounts repaid

(21,300

)

(21,300

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,112

3,412

The director's current account will be repaid by 31 December 2025.