Universal Applied Coatings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01810243 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

UNIVERSAL APPLIED COATINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C Coe

REGISTERED OFFICE:

Parish Lane

Pease Pottage

Crawley

West Sussex

RH10 5NY

REGISTERED NUMBER:

01810243 (England and Wales)

ACCOUNTANTS:

Blue Swift Accountants Limited

37 Riverside House

River Lawn Road

Tonbridge

Kent

TN9 1EP

FIXED ASSETS

Tangible assets

4

3,517

4,688

CURRENT ASSETS

Stocks

2,000

Debtors

5

51,809

81,937

Cash at bank

6,457

18,871

60,266

102,808

CREDITORS

Amounts falling due within one year

6

314,960

259,950

NET CURRENT LIABILITIES

(254,694

)

(157,142

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(251,177

)

(152,454

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(251,277

)

(152,554

)

SHAREHOLDERS' FUNDS

(251,177

)

(152,454

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

C Coe - Director

1.	STATUTORY INFORMATION

Universal Applied Coatings Limited 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.

Plant and machinery etc

-

25% on reducing balance

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 Income Statement, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 May 2024

and 30 April 2025

117,572

24,293

33,009

1,395

176,269

DEPRECIATION

At 1 May 2024

115,687

24,006

30,530

1,358

171,581

Charge for year

471

71

620

9

1,171

At 30 April 2025

116,158

24,077

31,150

1,367

172,752

NET BOOK VALUE

At 30 April 2025

1,414

216

1,859

28

3,517

At 30 April 2024

1,885

287

2,479

37

4,688

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

36,599

66,727

Other debtors

15,210

51,809

81,937

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade creditors

75,712

40,000

Social security and other taxes

5,276

4,871

VAT

26,789

36,883

Other creditors

198,802

171,577

Directors' current accounts

5,431

5,119

Accrued expenses

2,950

1,500

314,960

259,950

7.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director, Mr C Coe, by virtue of his shareholdings.

8.	GOING CONCERN AND FINANCIAL SUPPORT

The company's ability to continue as a going concern is dependent upon the continued support of the company's director. The director has no reason to believe that sufficient support will not be provided to allow the company to continue trading for the foreseeable future. Accordingly, the director considers it appropriate to prepare the financial statements on a going concern basis.