Company Registration No. 10891679 (England and Wales)
Universal Vibes Limited
Unaudited accounts
for the year ended 31 July 2025
Universal Vibes Limited
Unaudited accounts
Contents
Universal Vibes Limited
Company Information
for the year ended 31 July 2025
Company Number
10891679 (England and Wales)
Registered Office
Universal Vibes Limited 2nd Floor
166 College Road
Harrow
Middlesex
HA1 1BH
England
Accountants
Red Parrot Accounting Ltd
Red Parrot Accounting, Pentax House,
South Hill Avenue
South Harrow, London, Middlesex
England
HA2 0DU
Universal Vibes Limited
Statement of financial position
as at 31 July 2025
Tangible assets
167,004
30,895
Cash at bank and in hand
42,154
84,153
Creditors: amounts falling due within one year
(125,246)
(78,266)
Net current assets
157,178
152,553
Total assets less current liabilities
324,182
183,448
Creditors: amounts falling due after more than one year
(144,815)
(42,336)
Net assets
179,367
141,112
Called up share capital
100
100
Profit and loss account
179,267
141,012
Shareholders' funds
179,367
141,112
For the year ending 31 July 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 17 April 2026 and were signed on its behalf by
Vishnu Appadu
Director
Company Registration No. 10891679
Universal Vibes Limited
Notes to the Accounts
for the year ended 31 July 2025
Universal Vibes Limited is a private company, limited by shares, registered in England and Wales, registration number 10891679. The registered office is Universal Vibes Limited 2nd Floor, 166 College Road, Harrow, Middlesex, HA1 1BH, England.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
The financial statements have been prepared on a going concern basis as support has been arranged from the shareholders to enable the company to pay its debts as they fall due.
Turnover is recognized at the fair value of the consideration receivable for services provided in the normal course of business.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement 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.
Universal Vibes Limited
Notes to the Accounts
for the year ended 31 July 2025
The company has acquired certain assets under hire purchase agreements. In accordance with the applicable accounting standards, assets held under such arrangements are recognised as fixed assets within the balance sheet and are depreciated over their estimated useful lives on the same basis as owned assets. The related obligations are included within creditors and are classified according to their due dates
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company made charitable donations during the year end. Donations were made to UK registered charities, including London’s Air Ambulance, the National Deaf Children’s Society (NDCS), Brahma Kumaris, and the National Trust (St Helens Duver).
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2024
13,417
47,832
61,249
Additions
-
155,923
155,923
At 31 July 2025
13,417
203,755
217,172
At 1 August 2024
7,573
22,781
30,354
Charge for the year
1,948
17,866
19,814
At 31 July 2025
9,521
40,647
50,168
At 31 July 2025
3,896
163,108
167,004
At 31 July 2024
5,844
25,051
30,895
Amounts falling due within one year
Trade debtors
236,347
142,564
Accrued income and prepayments
748
963
Universal Vibes Limited
Notes to the Accounts
for the year ended 31 July 2025
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,186
23,000
Taxes and social security
23,746
46,773
Other creditors
(54,747)
2,665
Loans from directors
145,200
5,626
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Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
123,200
8,443
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Average number of employees
During the year the average number of employees was 12 (2024: 12).