Registration number: 04609481

Universal Networks UK Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

Universal Networks UK Limited

(Registration number: 04609481)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	6	91,554	114,941
Other financial assets	7	143,797	135,469
		235,351	250,410
Current assets
Stocks	8	378,982	282,250
Debtors	9	382,173	168,881
Cash at bank and in hand		868,364	641,418
		1,629,519	1,092,549
Creditors: Amounts falling due within one year	10	(451,748)	(315,167)
Net current assets		1,177,771	777,382
Total assets less current liabilities		1,413,122	1,027,792
Creditors: Amounts falling due after more than one year	10	-	(3,532)
Provisions for liabilities		(45,818)	(49,496)
Net assets		1,367,304	974,764
Capital and reserves
Called up share capital		100	100
Retained earnings		1,367,204	974,664
Shareholders' funds		1,367,304	974,764

Universal Networks UK Limited

(Registration number: 04609481)
Balance Sheet as at 31 January 2026

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 July 2026
 

......................................... E J Hing Director

Universal Networks UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Charnham Lane
Hungerford
Berkshire
RG17 0EY
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Universal Networks UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% net book value / 33% straight line
Fixtures and fittings	25% net book value
Plant and machinery	25% net book value
Motor vehicles	25% net book value

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Universal Networks UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Taxation

	2026		2025
	£		£
Corporation tax	162,431		60,731
Deferred tax	(3,679)		(3,215)
	158,752		57,516

4	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 13 (2025 - 12).

Universal Networks UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 February 2025	375,000	375,000
At 31 January 2026	375,000	375,000
Amortisation
At 1 February 2025	375,000	375,000
At 31 January 2026	375,000	375,000
Carrying amount
At 31 January 2026	-	-

6	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	106,367	107,292	69,336	58,361	341,356
Additions	-	7,818	1,912	-	9,730
At 31 January 2026	106,367	115,110	71,248	58,361	351,086
Depreciation
At 1 February 2025	85,685	62,818	57,851	20,061	226,415
Charge for the year	4,903	11,817	6,822	9,575	33,117
At 31 January 2026	90,588	74,635	64,673	29,636	259,532
Carrying amount
At 31 January 2026	15,779	40,475	6,575	28,725	91,554
At 31 January 2025	20,682	44,474	11,485	38,300	114,941

Universal Networks UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 February 2025	135,469	135,469
Fair value adjustments	8,328	8,328
At 31 January 2026	143,797	143,797
Impairment
Carrying amount
At 31 January 2026	143,797	143,797

8

Stocks

	2026 £	2025 £
Raw materials and consumables	378,982	282,250

9

Debtors

Current	2026 £	2025 £
Trade debtors	359,993	151,182
Prepayments	16,266	12,734
Other debtors	5,914	4,965
	382,173	168,881

Universal Networks UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

10

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	11	-	10,365
Trade creditors		204,566	116,615
Taxation and social security		201,660	92,916
Other creditors		45,522	95,271
		451,748	315,167