Registration number: 08457428

UTV Products Ltd

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

UTV Products Ltd

Company Information

Directors

Mr BR Bonell Mrs SH Bonell

Registered office

316 Blackpool Road Fulwood Preston Lancashire PR2 3AE

Accountants

McDade Roberts Accountants Ltd Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

UTV Products Ltd

(Registration number: 08457428)
Statement of Financial Position as at 31 December 2025

	Note	2025 £	2025 £
Fixed assets
Tangible assets	5	15,061	35,683
Investments	6	476	476
		15,537	36,159
Current assets
Stocks		274,574	181,582
Debtors	7	213,580	194,998
Cash at bank and in hand		128,757	200,782
		616,911	577,362
Creditors: Amounts falling due within one year	8	(674,110)	(487,470)
Net current (liabilities)/assets		(57,199)	89,892
Total assets less current liabilities		(41,662)	126,051
Creditors: Amounts falling due after more than one year	8	-	(5,833)
Provisions for liabilities		(3,765)	(8,921)
Net (liabilities)/assets		(45,427)	111,297
Capital and reserves
Called up share capital		102	102
Retained earnings		(45,529)	111,195
Shareholders' (deficit)/funds		(45,427)	111,297

For the financial period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 3 August 2026 and signed on its behalf by:
 

UTV Products Ltd

(Registration number: 08457428)
Statement of Financial Position as at 31 December 2025 (continued)

......................................... Mr BR Bonell Director

UTV Products Ltd

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 31 December 2025

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:
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

These financial statements were authorised for issue by the Board on 3 August 2026.

2	Accounting policies

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.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

UTV Products Ltd

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 31 December 2025 (continued)

2	Accounting policies (continued)

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.

Tangible assets

Tangible assets are stated in the statement of financial position 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 or, if held under a finance lease, over the lease term, whichever is shorter, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% on cost
Fixtures and fittings	20% on cost
Motor vehicles	20% on cost
Office equipment	33% on cost

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation

Website is being amortised evenly over its estimated useful life of three years.

Investments

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

UTV Products Ltd

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 31 December 2025 (continued)

2	Accounting policies (continued)

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the statement of financial position as a finance lease obligation.

Lease payments are apportioned between finance costs in the income statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 11 (2025 - 8).

UTV Products Ltd

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 31 December 2025 (continued)

4	Intangible assets

	Website  £	Total £
Cost or valuation
At 1 April 2025	16,019	16,019
At 31 December 2025	16,019	16,019
Amortisation
At 1 April 2025	16,019	16,019
At 31 December 2025	16,019	16,019
Carrying amount
At 31 December 2025	-	-

5	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Motor vehicles  £
Cost or valuation
At 1 April 2025	2,854	14,290	10,759	62,235
Additions	161	4,103	6,081	-
Disposals	-	-	-	(62,235)
At 31 December 2025	3,015	18,393	16,840	-
Depreciation
At 1 April 2025	1,113	10,557	5,444	37,341
Charge for the period	452	1,453	4,168	-
Eliminated on disposal	-	-	-	(37,341)
At 31 December 2025	1,565	12,010	9,612	-
Carrying amount
At 31 December 2025	1,450	6,383	7,228	-
At 31 March 2025	1,741	3,733	5,315	24,894

UTV Products Ltd

Notes to the Unaudited Financial Statements for the Period from 1 April 2025 to 31 December 2025 (continued)

5	Tangible assets (continued)

	Total £
Cost or valuation
At 1 April 2025	90,138
Additions	10,345
Disposals	(62,235)
At 31 December 2025	38,248
Depreciation
At 1 April 2025	54,455
Charge for the period	6,073
Eliminated on disposal	(37,341)
At 31 December 2025	23,187
Carrying amount
At 31 December 2025	15,061
At 31 March 2025	35,683

Assets held under hire purchase contracts had a net book value of £NIL (March 2025 - £24,894).

6	Investments

	2025 £	2025 £
Investments in subsidiaries	476	476