Company Registration No. 08546133 (England and Wales)
Unique Seal Windows Limited
Unaudited accounts
for the year ended 31 May 2023
Unique Seal Windows Limited
Unaudited accounts
Contents
Unique Seal Windows Limited
Company Information
for the year ended 31 May 2023
Company Number
08546133 (England and Wales)
Registered Office
54 Gorton Road
Willerby
East Yorkshire
HU10 6LT
United Kingdom
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Unique Seal Windows Limited
Statement of financial position
as at 31 May 2023
Tangible assets
9,181
9,992
Cash at bank and in hand
1,222
7,888
Creditors: amounts falling due within one year
(8,701)
(14,411)
Net current liabilities
(7,253)
(6,319)
Total assets less current liabilities
1,928
3,673
Provisions for liabilities
Deferred tax
(1,744)
(1,898)
Called up share capital
100
100
Profit and loss account
84
1,675
Shareholders' funds
184
1,775
For the year ending 31 May 2023 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 31 August 2023 and were signed on its behalf by
Mr S C Southwell
Director
Company Registration No. 08546133
Unique Seal Windows Limited
Notes to the Accounts
for the year ended 31 May 2023
Unique Seal Windows Limited is a private company, limited by shares, registered in England and Wales, registration number 08546133. The registered office is 54 Gorton Road, Willerby, East Yorkshire, HU10 6LT, 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% cost
Computer equipment
25% cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Unique Seal Windows Limited
Notes to the Accounts
for the year ended 31 May 2023
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
793
14,914
1,011
16,718
At 31 May 2023
2,336
14,914
1,011
18,261
At 1 June 2022
142
6,339
245
6,726
Charge for the year
386
1,715
253
2,354
At 31 May 2023
528
8,054
498
9,080
At 31 May 2023
1,808
6,860
513
9,181
At 31 May 2022
651
8,575
766
9,992
Amounts falling due within one year
Accrued income and prepayments
226
204
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
1,976
Taxes and social security
10,376
12,009
Loans from directors
(1,675)
343
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Unique Seal Windows Limited
Notes to the Accounts
for the year ended 31 May 2023
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).