REGISTERED NUMBER: 14546664 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

UNIVERSAL WORLD PRODUCTS LTD

Page

Company Information

1

Report of the Director

2

Statement of Income and Retained Earnings

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

E A EDWARDS

SECRETARY:

MERLIN BUSINESS SERVICES UK LTD

REGISTERED OFFICE:

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

REGISTERED NUMBER:

14546664 (England and Wales)

ACCOUNTANTS:

MERLIN ACCOUNTANCY & PAYROLE SERVICES LTD

STAFFORDSHIRE KNOT

PINFOLD STREET

WEDNESBURY

WS10 8TE

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

DIRECTOR

E A EDWARDS held office during the whole of the period from 1 April 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

E A EDWARDS - Director

1 December 2025

TURNOVER

78,289

129,455

Cost of sales

37,751

69,476

GROSS PROFIT

40,538

59,979

Distribution costs

30,752

42,998

Administrative expenses

9,405

10,560

40,157

53,558

OPERATING PROFIT

4

381

6,421

Interest payable and similar expenses

1,599

-

(LOSS)/PROFIT BEFORE TAXATION

(1,218

)

6,421

Tax on (loss)/profit

-

-

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(1,218

)

6,421

Retained earnings at beginning of year

1,421

-

Dividends

5

-

(5,000

)

RETAINED EARNINGS AT END OF YEAR

203

1,421

FIXED ASSETS

Tangible assets

6

5,271

6,471

CURRENT ASSETS

Stocks

12,500

-

Cash at bank and in hand

2,603

2,439

15,103

2,439

CREDITORS

Amounts falling due within one year

7

13,670

7,488

NET CURRENT ASSETS/(LIABILITIES)

1,433

(5,049

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,704

1,422

CREDITORS

Amounts falling due after more than one year

8

6,500

-

NET ASSETS

204

1,422

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

203

1,421

SHAREHOLDERS' FUNDS

204

1,422

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 director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 1 December 2025 and were signed by:

E A EDWARDS - Director

1.	STATUTORY INFORMATION

UNIVERSAL WORLD PRODUCTS 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

Period

17/12/22

Year Ended

to

31/3/25

31/3/24

£

£

Depreciation - owned assets

1,200

1,200

5.

DIVIDENDS

Period

17/12/22

Year Ended

to

31/3/25

31/3/24

£

£

ORDINARY share of 1.00

Final

-

5,000

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

7,671

DEPRECIATION

At 1 April 2024

1,200

Charge for year

1,200

At 31 March 2025

2,400

NET BOOK VALUE

At 31 March 2025

5,271

At 31 March 2024

6,471

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

1,600

-

Trade creditors

1

-

Directors' current accounts

11,079

6,528

Accrued expenses

990

960

13,670

7,488

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Other loans - 2-5 years

6,500

-