Ultimate Lets Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 08774814

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	36,115		36,024
Cash at bank and in hand		22,532		14,262

		58,647		50,286
Creditors: Amounts Falling Due Within One Year	5	(6,175 )		(18,364 )

NET CURRENT ASSETS (LIABILITIES)			52,472		31,922

TOTAL ASSETS LESS CURRENT LIABILITIES			52,472		31,922

NET ASSETS			52,472		31,922

CAPITAL AND RESERVES
Called up share capital	6		102		102
Profit and Loss Account			52,370		31,820

SHAREHOLDERS' FUNDS			52,472		31,922

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A Watkins

Director

25/08/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Ultimate Lets Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08774814 . The registered office is 33 Finland Street, London, Greater London, SE16 7TP.

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. 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.

2.3. Taxation

Income 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	30,400	30,400
Other taxes and social security	-	624
Net wages	715	-
Director's loan account	5,000	5,000

	36,115	36,024

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	188	-
Bank loans and overdrafts	-	15,000
Corporation tax	5,341	1,496
Other taxes and social security	646	-
Other creditors	-	20
Accruals and deferred income	-	1,848

	6,175	18,364

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Ultimate Lets Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Share Capital

	2025	2024
Allotted, called up but not fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100
1 Ordinary A shares of £ 1.00 each	1	1
1 Ordinary B shares of £ 1.00 each	1	1

	102	102

7. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mr Andre Watkins	5,000	-	-	-	5,000

The above loan is unsecured, interest free and repayable on demand.

8. Related Party Transactions

The director is also a director of EWV Properties Limited. At the year-end EWV Properties Limited owed the company £20,400 (2024: 20,400).

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr A Watkins by virtue of his ownership of the issued share capital in the company.

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