Universal Gardens Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07072853

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		43,187		19,067

			43,187		19,067
CURRENT ASSETS
Stocks	5	32,315		32,315
Debtors	6	184,674		130,316
Cash at bank and in hand		(27,930 )		(27,930 )

		189,059		134,701
Creditors: Amounts Falling Due Within One Year	7	(161,879 )		(89,612 )

NET CURRENT ASSETS (LIABILITIES)			27,180		45,089

TOTAL ASSETS LESS CURRENT LIABILITIES			70,367		64,156

NET ASSETS			70,367		64,156

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			70,267		64,056

SHAREHOLDERS' FUNDS			70,367		64,156

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Universal Gardens Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A Assenza

Director

10/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Universal Gardens Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07072853 . The registered office is 32 Woodstock Grove Shepherds Bush, London, W12 8LE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20%
Motor Vehicles	20% reducing balance basis
Fixtures & Fittings	20% reducing balance basis

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

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Universal Gardens Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	7,875	30,160	10,065	-	48,100
Additions	-	22,623	-	1,497	24,120

As at 31 December 2024	7,875	52,783	10,065	1,497	72,220

Depreciation
As at 1 January 2024	251	21,637	7,145	-	29,033

As at 31 December 2024	251	21,637	7,145	-	29,033

Net Book Value
As at 31 December 2024	7,624	31,146	2,920	1,497	43,187

As at 1 January 2024	7,624	8,523	2,920	-	19,067

5. Stocks

	2024	2023
	£	£
Finished goods	32,315	32,315

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	39,630	59,630
Other debtors	3,125	3,125
Pension scheme prepayments	501	501
VAT	42,861	33,109
Net wages	873	1,164
Directors' loan accounts	97,684	32,787

	184,674	130,316

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Universal Gardens Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	62,450	16,875
Bank loans and overdrafts	41,262	14,570
Corporation tax	5,480	5,480
Other taxes and social security	30,728	30,728
Other creditors (1)	11,835	11,835
Other creditors (2)	224	224
Accruals and deferred income	9,900	9,900

	161,879	89,612

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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