UTTAM PATEL LTD - Accounts

UTTAM PATEL LTD

Statement of Financial Position

As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets		3,500	4,375
Tangible fixed assets		418	1,116
		3,918	5,491
Current assets
Inventories		17,000	11,000
Debtors	2	47,057	62,889
Cash at bank and in hand		64,678	92,425
		128,735	166,314
Creditors: amount falling due within one year	3	(9,289)	(27,175)
Net current assets/(liabilities)		119,446	139,139


Total assets less current liabilities		123,364	144,630
Provisions for liabilities		(79)	(212)
Net assets/(liabilities)		123,285	144,418

Capital and reserves
Called up share capital		101	101
Profit and loss account		123,184	144,317
Shareholders fund		123,285	144,418

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The directors have elected not to include the profit and loss account within the financial statements.

Signed on behalf of the board of directors:

----------------------------------
Uttamkumar Ghanshyambhai Patel
Director

Date approved: 14 November 2025

UTTAM PATEL LTD

Notes to the Accounts

For the year ended 31 March 2025

Statutory Information

UTTAM PATEL LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 06879860, registration address 31/32 High Street, Wellingborough, NN8 4HL, England.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

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

Taxation

Deferred taxation

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders prior to the balance sheet date.

Goodwill

Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 20 years.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade debtors	500	2,959
Other debtors	8,749	7,900
Prepayments	1,480	1,480
Directors' current account	36,328	50,550
	47,057	62,889

Creditors: amount falling due within one year

	2025 £	2024 £
Accrued expenses	1,212	1,235
Corporation tax	8,077	25,940
	9,289	27,175

Share Capital

Allotted	2025 £		2024 £
2 Class A shares of £1.00 each	2		2
	2		2

5.	Average number of employees Average number of employees during the year were 4 (2024: 4).

6.	Controlling Party The company is controlled by Mr U Patel.

Contents Page

Business Information

Statement of Financial Position

Notes to the Accounts