Company Registration No. 14175724 (England and Wales)
UNIVERSAL IDENTITY LTD
Unaudited accounts
for the year ended 31 December 2024
UNIVERSAL IDENTITY LTD
Unaudited accounts
Contents
UNIVERSAL IDENTITY LTD
Company Information
for the year ended 31 December 2024
Directors
Christopher Hurley
Christopher Boakes
Thomas Baker
Company Number
14175724 (England and Wales)
Registered Office
87 CHURCH ROAD
HOVE
BN3 2BB
ENGLAND
Accountants
Secandi Associates Ltd
34 Duke Street
Brighton
BN1 1 AG
UNIVERSAL IDENTITY LTD
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
5,883
8,226
Creditors: amounts falling due within one year
(36,917)
(39,173)
Net current liabilities
(30,941)
(25,842)
Total assets less current liabilities
(30,636)
(25,232)
Creditors: amounts falling due after more than one year
(662,500)
(755,000)
Net liabilities
(693,136)
(780,232)
Called up share capital
90
90
Profit and loss account
(693,226)
(780,322)
Shareholders' funds
(693,136)
(780,232)
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 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 of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by
Thomas Baker
Director
Company Registration No. 14175724
UNIVERSAL IDENTITY LTD
Notes to the Accounts
for the year ended 31 December 2024
UNIVERSAL IDENTITY LTD is a private company, limited by shares, registered in England and Wales, registration number 14175724. The registered office is 87 CHURCH ROAD, HOVE, BN3 2BB, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
25% Straight-Line
These accounts have been prepared on the going concern basis, on the understanding that the shareholders will continue to financially support the company during this uncertain period.
Expenditure on research and development is written off in the year in which it is incurred.
4
Tangible fixed assets
Computer equipment
UNIVERSAL IDENTITY LTD
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
37,496
29,419
Taxes and social security
(833)
9,754
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
662,500
755,000
Unsecured Loan from Scrilla Limited £505,000.00
Unsecured Loan from Willmott Dixon £250,000.00
8
Average number of employees
During the year the average number of employees was 3 (2023: 7).