Company registration number 03127945 (England and Wales)
ULTRADISK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
ULTRADISK LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
ULTRADISK LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
-
0
38,386
Current assets
Debtors
4
5,860
25,468
Cash at bank and in hand
48,505
45,557
54,365
71,025
Creditors: amounts falling due within one year
5
(41,360)
(87,350)
Net current assets/(liabilities)
13,005
(16,325)
Net assets
13,005
22,061
Capital and reserves
Called up share capital
6
300
300
Profit and loss reserves
12,705
21,761
Total equity
13,005
22,061
ULTRADISK LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
- 2 -

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

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 7 April 2026 and are signed on its behalf by:
D McNeill-Richardson
H Noble
Director
Director
C R Wiley
Director
Company registration number 03127945 (England and Wales)
ULTRADISK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -
1
Accounting policies
Company information

Ultradisk Limited is a private company limited by shares incorporated in England and Wales. The registered office is Northwood House, 138 Bromham Road, Bedford, Bedfordshire, United Kingdom, MK40 2QW.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents rental income receivable, excluding value added tax.

The company recognises revenue from rental income received from commercial property.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.3
Investment property

The investment property is shown at a valuation by the directors as at the balance sheet date. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account. In reaching the fair value the directors have taken account of the term of the lease that is due to expire in September 2025.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

ULTRADISK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees
2025
2024
Number
Number
Total
3
3
3
Investment property
2025
£
Fair value
At 1 November 2024
38,386
Revaluations
(38,386)
At 31 October 2025
-
0
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
5,860
15,060
Prepayments and accrued income
-
0
10,408
5,860
25,468

Other debtors includes £Nil (2024 £15,000) due from Ultradisk Holdings Limited

ULTRADISK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
38,500
58,297
Other creditors
2,860
29,053
41,360
87,350
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
300
300
300
300
7
Non Distributable Reserve

The Investment Property valuation is due to reduce each year until September 2025 when the lease terminates. The proportion of this reduction that relates to the Non-Distributable Reserve will be released to retained earnings. This transfer amounted to £19,074 for the year ending 31st October 2025 (2024 £20,913).

Under FRS102 and the Fair Value accounting rules the change in value of investment property must be accounted for through the Profit and loss account. However under Company Law revaluation gains on an investment property should not be taken into account in calculating the profits available for distribution to the shareholders.

The accounts therefore include a Non Distributable Reserve to show the element of the Profit and Loss Account reserve that is not available for distribution to the shareholders

8
Parent company

The controlling party is Ultradisk Holdings Limited, a company incorporated in England and Wales

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