02905029falseIT advice and systems2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-03-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 02905029

USP Networks Limited

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

Prepared By:

IUVO Services Limited

Chartered Accountants

10 The Crescent

Little Leighs

Chelmford

Essex

CM3 1LY

USP Networks Limited

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

DIRECTORS

W S Poel

C M Poel

REGISTERED OFFICE

Hockham Hill

Spring Elms Lane

Little Baddow

Essex

CM3 4SD

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 02905029

ACCOUNTANTS

IUVO Services Limited

Chartered Accountants

10 The Crescent

Little Leighs

Chelmford

Essex

CM3 1LY

USP Networks Limited

ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

USP Networks Limited

BALANCE SHEET AT 31/03/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		3				3,035				4,435
CURRENT ASSETS
Debtors		4		304				778
Cash at bank and in hand				3,712				2,669
				4,016				3,447
CREDITORS: Amounts falling due within one year		5		47,039				34,000
NET CURRENT LIABILITIES						(43,023)				(30,553)
TOTAL ASSETS LESS CURRENT LIABILITIES						(39,988)				(26,118)
CREDITORS: Amounts falling due after more than one year		6				1,000				7,000
NET LIABILITIES						(40,988)				(33,118)
CAPITAL AND RESERVES
Called up share capital		7				100				100
Profit and loss account						(41,088)				(33,218)
SHAREHOLDERS' FUNDS						(40,988)				(33,118)
For the year ending 31/03/2025 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 11/11/2025 and signed on their behalf by
.............................
W S Poel
Director

USP Networks Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Going Concern

At the balance sheet date the company's liabilities exceeded its assets by £40,988 (2024: £33,118). The director is funding this deficit and has expressed a willingness to continue to do so. As a result the accounts are prepared on a going concern basis.

1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildings		straight line 10%
Plant and Machinery		reducing balance 15%

2. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				-		-

USP Networks Limited

3. TANGIBLE FIXED ASSETS
		Land And		Plant and
		Buildings		Machinery		Total
		£		£		£
Cost
At 01/04/2024		14,722		10,579		25,301
Additions		-		1,418		1,418
At 31/03/2025		14,722		11,997		26,719
Depreciation
At 01/04/2024		11,776		9,090		20,866
For the year		1,472		1,346		2,818
At 31/03/2025		13,248		10,436		23,684
Net Book Amounts
At 31/03/2025		1,474		1,561		3,035
At 31/03/2024		2,946		1,489		4,435

USP Networks Limited

4. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				-		474
UK corporation tax				304		304
				304		778

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
VAT				728		676
Directors current account				38,511		23,083
Bank Loan				6,000		6,000
Trade creditors				-		1,901
Other creditors				-		840
Accruals				1,800		1,500
				47,039		34,000

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2025		2024
				£		£
Bank loans (unsecured) >1yr				1,000		7,000
				1,000		7,000

7. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
				100		100

8. CONTROLLING PARTY

The company is controlled by its director W S Poel.

USP Networks Limited

9. RELATED PARTY TRANSACTIONS

At the year end date the company owed W S Poel £38,511 (2024: £23,083). This is included in creditors. is repayable on demand, and attracts no interest.