1 January 2024 false No description of principal activity Taxfiler 2024.6 15354370business:PrivateLimitedCompanyLtd2024-01-012024-12-31 153543702023-12-31 15354370business:EntityHasNeverTraded2024-01-012024-12-31 153543702024-01-012024-12-31 15354370business:AuditExemptWithAccountantsReport2024-01-012024-12-31 15354370business:FilletedAccounts2024-01-012024-12-31 153543702024-12-31 15354370business:Director12024-01-012024-12-31 15354370business:RegisteredOffice2024-01-012024-12-31 15354370core:WithinOneYear2024-12-31 15354370core:AfterOneYear2024-12-31 15354370core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 15354370core:PreviouslyStatedAmount2024-12-31 15354370business:SmallEntities2024-01-012024-12-31 15354370countries:EnglandWales2024-01-012024-12-31 15354370core:FurnitureFittings2024-01-012024-12-31 15354370core:ComputerEquipment2024-01-012024-12-31 15354370core:LandBuildings2023-12-31 15354370core:FurnitureFittings2023-12-31 15354370core:ComputerEquipment2023-12-31 15354370core:LandBuildings2024-01-012024-12-31 15354370core:LandBuildings2024-12-31 15354370core:FurnitureFittings2024-12-31 15354370core:ComputerEquipment2024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 15354370 (England and Wales)
Uqba Ltd Unaudited accounts for the year ended 31 December 2024
Uqba Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Uqba Ltd Company Information for the year ended 31 December 2024
Director
Mr. Yonas Mengsteab Tecle
Company Number
15354370 (England and Wales)
Registered Office
47 Southwold Road London E5 9PH England
Accountants
VFA (FA) LTD 1st Floor, Suite 1 142 Seven Sisters Road London N7 7NS
- 3 -
Uqba Ltd Accountants' report
Accountants' report to the director of Uqba Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 December 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
VFA (FA) LTD 1st Floor, Suite 1 142 Seven Sisters Road London N7 7NS 19 September 2025
- 4 -
Uqba Ltd Statement of financial position as at 31 December 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4
352,114 
Current assets
Cash at bank and in hand
1,057 
Creditors: amounts falling due within one year
5
(6,759)
Net current liabilities
(5,702)
Total assets less current liabilities
346,412 
Creditors: amounts falling due after more than one year
6
(395,400)
Net liabilities
(48,988)
Capital and reserves
Profit and loss account
(48,988)
Shareholders' funds
(48,988)
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 director acknowledges his 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 and authorised for issue on 16 September 2025 and were signed on its behalf by
Mr. Yonas Mengsteab Tecle Director Company Registration No. 15354370
- 5 -
Uqba Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Uqba Ltd is a private company, limited by shares, registered in England and Wales, registration number 15354370. The registered office is 47 Southwold Road, London, E5 9PH, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
Depreciation charges 15% on straight line method basis
Computer equipment
Depreciation charges 15% on straight line method basis
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
- 
- 
- 
- 
Additions
350,000 
650 
1,850 
352,500 
At 31 December 2024
350,000 
650 
1,850 
352,500 
Depreciation
Charge for the year
- 
98 
288 
386 
At 31 December 2024
- 
98 
288 
386 
Net book value
At 31 December 2024
350,000 
552 
1,562 
352,114 
5
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
6,759 
- 6 -
Uqba Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
250,000 
Loans from directors
145,400 
395,400 
7
Average number of employees
During the year the average number of employees was 0.
- 7 -