Company Registration No. 07868273 (England and Wales)
Ulterium Limited
Unaudited accounts
for the year ended 31 December 2019
Ulterium Limited
Unaudited accounts
Contents
Ulterium Limited
Company Information
for the year ended 31 December 2019
Company Number
07868273 (England and Wales)
Registered Office
39 Southlands Way
Congresbury
Bristol
Somerset
BS49 5BW
United Kingdom
Accountants
Redbox Accountancy Limited
100 South Street
Bishop's Stortford
Hertfordshire
CM23 3BG
Ulterium Limited
Statement of financial position
as at
31 December 2019
Tangible assets
9,610
4,990
Cash at bank and in hand
17,223
10,385
Creditors: amounts falling due within one year
(12,318)
(20,358)
Net current assets
14,508
10,059
Called up share capital
1
1
Profit and loss account
24,117
15,048
Shareholders' funds
24,118
15,049
For the year ending 31 December 2019 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 6 August 2020 and were signed on its behalf by
Matthew Ayers
Director
Company Registration No. 07868273
Ulterium Limited
Notes to the Accounts
for the year ended 31 December 2019
Ulterium Limited is a private company, limited by shares, registered in England and Wales, registration number 07868273. The registered office is 39 Southlands Way, Congresbury, Bristol, Somerset, BS49 5BW, United Kingdom.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Basis
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Ulterium Limited
Notes to the Accounts
for the year ended 31 December 2019
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 31 December 2019
24,506
Charge for the year
3,953
At 31 December 2019
14,896
At 31 December 2019
9,610
At 31 December 2018
4,990
Trade debtors
9,603
20,032
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
11,814
15,317
Loans from directors
109
4,877
7
Share capital
2019
2018
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2018: 2).