UY Accountants Ltd

UY Accountants Ltd
Contents Page
For the Period 01 February 2025 to 31 March 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

UY Accountants Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	1,434	1,001
		1,434	1,001
Current assets
Debtors		29,179	6,577
Cash at bank and in hand		57,878	58,401
		87,057	64,978
Creditors: amount falling due within one year		(73,070)	(57,052)
Net current assets		13,987	7,926

Total assets less current liabilities		15,421	8,927
Net assets		15,421	8,927

Capital and reserves
Called up share capital	4	102	102
Profit and loss account		15,319	8,825
Shareholders' funds		15,421	8,927

For the period ended 31 March 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 period in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 30 October 2026 and were signed by:

-------------------------------
Muhammad Usman Naseer
Director

1

UY Accountants Ltd
Notes to the Abridged Financial Statements
For the Period 01 February 2025 to 31 March 2026

General Information

UY Accountants Ltd is a private company, limited by shares, registered in England and Wales, registration number 11792633, registration address 26 Archery Close, Harrow, England, HA3 7RT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

33.33% Straight Line

2.	Average number of employees Average number of employees during the period was 4 (2025 : 3).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 February 2025	3,295	3,295
Additions	1,444	1,444
Disposals	-	-
At 31 March 2026	4,739	4,739
Depreciation
At 01 February 2025	2,294	2,294
Charge for period	1,011	1,011
On disposals	-	-
At 31 March 2026	3,305	3,305
Net book values
Closing balance as at 31 March 2026	1,434	1,434
Opening balance as at 01 February 2025	1,001	1,001

4.

Share Capital

Allotted, called up and fully paid	2026 £	2025 £
56 Ordinary shares of £1.00 each	56	51
49 Ordinary A shares of £1.00 each	49	49
1 Ordinary B share of £1.00 each	1	1
1 Ordinary C share of £1.00 each	1	1
	107	102

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