Company Registration Number 02017710 (England and Wales)
UNIBRO ( GRASSCUTTING MACHINERY) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
UNIBRO ( GRASSCUTTING MACHINERY) LTD
COMPANY INFORMATION
Directors
P R Gibson
A M Lythgoe
Secretary
A J Gibson
Company number
02017710
Registered office
Armoury Bank
Wigan
Lancashire
United Kingdom
WN4 9BN
UNIBRO ( GRASSCUTTING MACHINERY) LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
- 1 -
2023
2022
Notes
£
£
Turnover
344,336
324,687
Cost of sales
(75,065)
(71,351)
Gross profit
269,271
253,336
Administrative expenses
(217,683)
(198,071)
Other operating income
-
6,943
Operating profit
51,588
62,208
Interest receivable and similar income
-
19
Interest payable and similar expenses
(3,595)
(2,273)
Profit before taxation
47,993
59,954
Tax on profit
(9,059)
(8,108)
Profit for the financial year
38,934
51,846
The profit and loss account has been prepared on the basis that all operations are continuing operations.
UNIBRO ( GRASSCUTTING MACHINERY) LTD
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
1
86,996
40,865
Current assets
Debtors
2
126,911
93,751
Cash at bank and in hand
27,307
38,063
154,218
131,814
Creditors: amounts falling due within one year
3
(61,592)
(57,666)
Net current assets
92,626
74,148
Total assets less current liabilities
179,622
115,013
Creditors: amounts falling due after more than one year
4
(55,989)
(30,000)
Net assets
123,633
85,013
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
123,533
84,913
Total equity
123,633
85,013
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
9
9
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
UNIBRO ( GRASSCUTTING MACHINERY) LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 15 November 2023 and are signed on its behalf by:
P R Gibson
Director
Company Registration No. 02017710
UNIBRO ( GRASSCUTTING MACHINERY) LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 4 -
1
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Total
£
£
£
Cost
At 1 April 2022
54,980
54,980
Additions
30,000
37,880
67,880
At 31 March 2023
84,980
37,880
122,860
Depreciation and impairment
At 1 April 2022
14,115
14,115
Depreciation charged in the year
14,173
7,576
21,749
At 31 March 2023
28,288
7,576
35,864
Carrying amount
At 31 March 2023
56,692
30,304
86,996
At 31 March 2022
40,865
40,865
2
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
70,075
93,751
Other debtors
56,836
-
126,911
93,751
3
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
40,588
49,546
Corporation tax
9,059
-
Other taxation and social security
10,695
8,120
Accruals and deferred income
1,250
-
61,592
57,666
4
Creditors: amounts falling due after more than one year
2023
2022
Notes
£
£
Bank loans and overdrafts
55,989
30,000
UNIBRO ( GRASSCUTTING MACHINERY) LTD
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023
UNIBRO ( GRASSCUTTING MACHINERY) LTD
SCHEDULE OF ADMINISTRATIVE EXPENSES
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
£
£
Administrative expenses
Wages and salaries
115,410
113,386
Staff welfare
555
-
Staff pension costs defined contribution
5,858
5,154
Directors' remuneration
3,216
3,216
Commissions payable
-
175
Rent re operating leases
12,100
10,632
Cleaning
408
-
Power, light and heat
4,888
4,249
Property repairs and maintenance
11,521
12,222
Premises insurance
9,225
8,732
Hire of equipment (not operating lease)
5,080
-
Motor running expenses
17,212
15,913
Accountancy
1,250
1,139
Bank charges
1,222
1,098
Printing and stationery
611
496
Telecommunications
4,810
4,392
Sundry expenses
2,568
6,271
Depreciation
21,749
10,996
217,683
198,071