Company Registration No. 02187571 (England and Wales)
Unusual Services Limited
Financial statements
For the year ended 31 March 2023
Pages for filing with registrar
UNUSUAL SERVICES LIMITED
Unusual Services Limited
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
UNUSUAL SERVICES LIMITED
Unusual Services Limited
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
202,712
Cash at bank and in hand
98,482
58,567
98,482
261,279
Creditors: amounts falling due within one year
4
(3,749)
(179,337)
Net current assets
94,733
81,942
Capital and reserves
Called up share capital
5
50,000
50,000
Profit and loss reserves
44,733
31,942
Total equity
94,733
81,942
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 21 August 2023 and are signed on its behalf by:
A Harper
Director
Company Registration No. 02187571
UNUSUAL SERVICES LIMITED
Unusual Services Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information
Unusual Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 55 Loudoun Road St John's Wood London, NW8 0DL.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents the value of production services supplied by the company based on the date the work is undertaken net of value added tax.
Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including in the profit and loss account turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs to date bear, compared with the total expected costs for that contract.
1.3
Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Administrative staff
2
2
Total
2
2
UNUSUAL SERVICES LIMITED
Unusual Services Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
135,417
Amounts owed by group undertakings
21,745
Other debtors
45,550
202,712
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
26,087
Other creditors
3,749
153,250
3,749
179,337
5
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
50,000 shares of £1 each
50,000
50,000
6
Related party transactions
The company has taken advantage of the exemption available with FRS 102 Section 33 'Related party disclosures' not to disclose transactions entered into between two or more members of a group, as the company is a wholly owned subsidiary undertaking of the group to which it is party to the transactions.
7
Parent company
The ultimate parent company is Unusual Industries Limited, a company registered in England and Wales.
Unusual Industries Limited has included the company in its group accounts, copies of which are available from Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ.
UNUSUAL SERVICES LIMITED
Unusual Services Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 4 -
8
Audit report information
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
The senior statutory auditor was Sarah Yardley BSc ACA.
The auditor was MGR Weston Kay LLP.