Company Registration No. 13799105 (England and Wales)
USR HOLDINGS LTD
Unaudited accounts
for the year ended 31 December 2025
USR HOLDINGS LTD
Unaudited accounts
Contents
USR HOLDINGS LTD
Company Information
for the year ended 31 December 2025
Directors
Gurpreet Sanghera
Iqbal Singh Sanghera
Company Number
13799105 (England and Wales)
Registered Office
A6 Moorfield Road
WOLVERHAMPTON
WV2 4QT
ENGLAND
Accountants
William Klien Accountants
20-22 Wenlock Road
London
N1 7GU
USR HOLDINGS LTD
Statement of financial position
as at 31 December 2025
Tangible assets
214,377
217,943
Cash at bank and in hand
28,174
40,692
Creditors: amounts falling due within one year
(110,503)
(79,722)
Net current liabilities
(82,329)
(39,030)
Total assets less current liabilities
132,048
178,913
Creditors: amounts falling due after more than one year
(84,637)
(134,535)
Profit and loss account
47,311
44,278
Shareholders' funds
47,411
44,378
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by
Gurpreet Sanghera
Director
Company Registration No. 13799105
USR HOLDINGS LTD
Notes to the Accounts
for the year ended 31 December 2025
USR HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 13799105. The registered office is A6 Moorfield Road, WOLVERHAMPTON, WV2 4QT, 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.
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.
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.
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:
Land & buildings
not depreciated
Fixtures & fittings
15% reducing balance
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.
USR HOLDINGS LTD
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
151,309
80,812
-
232,121
Additions
-
705
2,463
3,168
At 31 December 2025
151,309
81,517
2,463
235,289
At 1 January 2025
-
14,178
-
14,178
Charge for the year
-
6,734
-
6,734
At 31 December 2025
-
20,912
-
20,912
At 31 December 2025
151,309
60,605
2,463
214,377
At 31 December 2024
151,309
66,634
-
217,943
5
Creditors: amounts falling due within one year
2025
2024
Other creditors
109,303
78,522
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
84,637
134,535
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).