ULTIMATE IMPORTS LTD

Company Registration Number:
05393043 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

ULTIMATE IMPORTS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

ULTIMATE IMPORTS LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 182,342 183,102
Investments: 4 342,379 506,292
Total fixed assets: 524,721 689,394
Current assets
Stocks: 653,645 823,620
Cash at bank and in hand: 338,475 198,394
Total current assets: 992,120 1,022,014
Creditors: amounts falling due within one year:   (688,597) (954,495)
Net current assets (liabilities): 303,523 67,519
Total assets less current liabilities: 828,244 756,913
Total net assets (liabilities): 828,244 756,913
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 828,144 756,813
Shareholders funds: 828,244 756,913

The notes form part of these financial statements

ULTIMATE IMPORTS LTD

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 December 2025
and signed on behalf of the board by:

Name: Basharat Ditta
Status: Director

The notes form part of these financial statements

ULTIMATE IMPORTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ULTIMATE IMPORTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 8 9

ULTIMATE IMPORTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 234,490
Additions 8,433
At 31 March 2025 242,923
Depreciation
At 01 April 2024 51,388
Charge for year 9,193
At 31 March 2025 60,581
Net book value
At 31 March 2025 182,342
At 31 March 2024 183,102

ULTIMATE IMPORTS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Fixed investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.