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Company Registration No. 14395609 (England and Wales)
URSA POLARIS LTD Unaudited accounts for the year ended 31 October 2025
URSA POLARIS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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URSA POLARIS LTD Company Information for the year ended 31 October 2025
Director
Stephen William Higham
Company Number
14395609 (England and Wales)
Registered Office
BEAR HOUSE LONGWORTH ROAD CHARNEY BASSETT WANTAGE OXFORDSHIRE OX12 0ET ENGLAND
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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URSA POLARIS LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
962
1,258
Current assets
Debtors
5
11,496
-
Cash at bank and in hand
4,027
43,217
15,523
43,217
Creditors: amounts falling due within one year
6
(15,744)
(30,004)
Net current (liabilities)/assets
(221)
13,213
Net assets
741
14,471
Capital and reserves
Called up share capital
1
1
Profit and loss account
740
14,470
Shareholders' funds
741
14,471
For the year ending 31 October 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 July 2026 and were signed on its behalf by
Stephen William Higham Director Company Registration No. 14395609
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URSA POLARIS LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
URSA POLARIS LTD is a private company, limited by shares, registered in England and Wales, registration number 14395609. The registered office is BEAR HOUSE LONGWORTH ROAD, CHARNEY BASSETT, WANTAGE, OXFORDSHIRE, OX12 0ET, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 November 2024
1,480
At 31 October 2025
1,480
Depreciation
At 1 November 2024
222
Charge for the year
296
At 31 October 2025
518
Net book value
At 31 October 2025
962
At 31 October 2024
1,258
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URSA POLARIS LTD Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
2,789
-
Other debtors
8,707
-
11,496
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
14,769
28,024
Loans from directors
-
1,005
Accruals
975
975
15,744
30,004
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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