REGISTERED NUMBER: 09375943 (England and Wales)

UNITED COMMERCIAL INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G P Carpenter

W E Sinclair

SECRETARY:

G P Carpenter

REGISTERED OFFICE:

8a Dunraven Place

Bridgend

Glamorgan

CF31 1JD

REGISTERED NUMBER:

09375943 (England and Wales)

FIXED ASSETS

Tangible assets

4

2,982

3,508

Investment property

5

250,000

250,000

252,982

253,508

CURRENT ASSETS

Debtors

6

124,395

121,626

Cash at bank

5,171

22,096

129,566

143,722

CREDITORS

Amounts falling due within one year

7

16,018

13,035

NET CURRENT ASSETS

113,548

130,687

TOTAL ASSETS LESS CURRENT LIABILITIES

366,530

384,195

CREDITORS

Amounts falling due after more than one year

8

-

(32,653

)

PROVISIONS FOR LIABILITIES

10

(778

)

(877

)

NET ASSETS

365,752

350,665

CAPITAL AND RESERVES

Called up share capital

11

10

10

Retained earnings

12

365,742

350,655

SHAREHOLDERS' FUNDS

365,752

350,665

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 21 April 2026 and were signed on its behalf by:

G P Carpenter - Director

1.	STATUTORY INFORMATION

United Commercial Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Going concern

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.

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. In making his assessment, the director has reviewed the balance sheet, the likely future cashflows of the business and has considered the facilities that are available to the company along with his continued support.

At the date of approving the financial statements the Director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and that the going concern basis of accounting remains appropriate. The directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Significant judgements and estimates

In the application of the company's accounting policies, which are described in note 2, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Investment Properties

The fair value of investment properties is determined using professional valuation techniques, which are reviewed annually by management in accordance with FRS 102, Section 16. Where observable market data is available, it is incorporated into the valuation process. In the absence of such data, alternative methods, such as recent transaction prices, estimated rental income, and appropriate yield assumptions, are used.

Management assesses whether any factors could materially impact the fair value of investment properties, including changes in market conditions, occupancy rates, or expected rental income. Where such factors are identified, appropriate adjustments are made to the valuation, with any changes recognised in the income statement.

Given the inherent subjectivity in property valuations, actual outcomes may differ from estimates, and management regularly reviews key assumptions to ensure that valuations reflect current market conditions.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents rental income from investment properties and is recognised on an accruals basis, based on the agreed terms with tenants, even where no formal lease agreements exist. Rental income is recognised when it is receivable, provided that the amount can be measured reliably and it is probable that the economic benefits will flow to the company.

Where rental payments are informal or based on periodic agreements (e.g., rolling tenancies or short-term arrangements), income is recognised as earned, typically when payments become due. Any payments received in advance are deferred and recognised over the relevant period to which they relate.

If the company provides additional services to tenants, such as maintenance or utilities, the income related to these services is recognised when the service is provided and a contractual or constructive obligation exists for the tenant to pay.

All turnover is stated net of VAT, where applicable.

Tangible fixed assets

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided at the following annual rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives:

Fixtures and fittings - 15% on reducing balance

Freehold property - not provided

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Cash and cash equivalents

Cash and cash equivalents are basic financial instruments and include cash in hand and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments".

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets are liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, loans to related companies and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors, loans to related companies and bank loans are initially recognised at transaction price unless the arrangement constitutes a financial transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

Provision is not made for future operating losses.

Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as a finance cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 October 2024

and 30 September 2025

5,912

DEPRECIATION

At 1 October 2024

2,404

Charge for year

526

At 30 September 2025

2,930

NET BOOK VALUE

At 30 September 2025

2,982

At 30 September 2024

3,508

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

250,000

NET BOOK VALUE

At 30 September 2025

250,000

At 30 September 2024

250,000

The investment property was professionally valued by an independent, suitably qualified valuer. The valuation was carried out on an open market basis, having regard to current market conditions and comparable market evidence.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

124,395

121,626

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts (see note 9)

-

5,922

Taxation and social security

6,118

3,633

Other creditors

9,900

3,480

16,018

13,035

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans (see note 9)

-

32,653

9.

LOANS

An analysis of the maturity of loans is given below:

30.9.25

30.9.24

£

£

Amounts falling due within one year or on demand:

Bank loans

-

5,922

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

32,653

10.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

778

877

Deferred

tax

£

Balance at 1 October 2024

877

Provided during year

(99

)

Balance at 30 September 2025

778

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

10

Ordinary

£1

10

10

12.

RESERVES

Retained

earnings

£

At 1 October 2024

350,655

Profit for the year

15,087

At 30 September 2025

365,742

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 September 2025 and the period ended 30 September 2024:

30.9.25

30.9.24

£

£

G P Carpenter

Balance outstanding at start of year

45,773

44,766

Amounts advanced

1,030

1,007

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

46,803

45,773

W E Sinclair

Balance outstanding at start of year

45,773

44,766

Amounts advanced

1,040

1,007

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

46,813

45,773

Interest is being charged at 2.25% per annum and there are no fixed repayment terms.

14.	RELATED PARTY DISCLOSURES

15.	COMPARATIVE FIGURES

The comparative figures for the prior period are not directly comparable with those of the current year, as the prior period covered the nine-month period from 1 January 2024 to 30 September 2024.