UBT Services UK Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—5

1. General Information

UBT Services UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16137898 . The registered office is The Precinct, Poseidon Way, Warwick, Warwickshire, CV34 6BY.

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

All monetary amounts are rounded to the nearest pound.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Significant judgements and estimations

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2.4. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

2 or 3 years straight line

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UBT Services UK Ltd

Notes to the Financial Statements (continued)

For the Period 16 December 2024 to 31 December 2025

2.6. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and 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 debtors 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 transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

2.7. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

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UBT Services UK Ltd

Notes to the Financial Statements (continued)

For the Period 16 December 2024 to 31 December 2025

3. Average Number of Employees

Average number of employees, including directors, during the period was: 39

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 16 December 2024	-
Additions	24,325

As at 31 December 2025	24,325

Depreciation
As at 16 December 2024	-
Provided during the period	6,772

As at 31 December 2025	6,772

Net Book Value
As at 31 December 2025	17,553

As at 16 December 2024	-

5. Debtors

	31 December 2025
	£
Due within one year
Trade debtors	517,915
Prepayments and accrued income	356,075

	873,990

6. Creditors: Amounts Falling Due Within One Year

	31 December 2025
	£
Trade creditors	48,016
Corporation tax	2,213
Other taxes and social security	97,666
VAT	95,399
Net wages	500
Other creditors	268,548
Accruals and deferred income	28,100

	540,442

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UBT Services UK Ltd

Notes to the Financial Statements (continued)

For the Period 16 December 2024 to 31 December 2025

7. Creditors: Amounts Falling Due After More Than One Year

	31 December 2025
	£
Other loans	100,000

8. Share Capital

	31 December 2025
	£
Allotted, Called up and fully paid	250,000

9. Related Party Transactions

As the company is a wholly owned subsidiary of UBT (EU) Ltd, the company has taken advantage of the exemption, under 33.1A of the FRS 102 from disclosing transactions with wholly owned members of the group.

10. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

11. Ultimate Controlling Party

The company's ultimate controlling party is UBT (EU) Ltd by virtue of its ownership of 100% of the issued share capital in the company.

12. Audit Information

The auditor's report on the accounts of UBT Services UK Ltd for the period ended 31 December 2025 was unqualified.

The auditor's report was signed by Martin Cox (Senior Statutory Auditor) for and on behalf of mca Banbury Ltd , Statutory Auditor.

mca Banbury Ltd

Chartered Accountants and Registered Auditors

The American Barns, Banbury Road

Lighthorne, Warwick

Warwickshire

CV35 0AE

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		31 December 2025
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		17,553

			17,553
CURRENT ASSETS
Debtors	5	873,990
Cash at bank and in hand		1,945

		875,935
Creditors: Amounts Falling Due Within One Year	6	(540,442 )

NET CURRENT ASSETS (LIABILITIES)			335,493

TOTAL ASSETS LESS CURRENT LIABILITIES			353,046

Creditors: Amounts Falling Due After More Than One Year	7		(100,000 )

NET ASSETS			253,046

CAPITAL AND RESERVES
Called up share capital	8		250,000
Profit and Loss Account			3,046

SHAREHOLDERS' FUNDS			253,046