2022-03-012023-02-282023-02-28false10029089UNICORP LTD2023-11-25iso4217:GBPxbrli:pure100290892022-03-01100290892023-02-28100290892022-03-012023-02-28100290892021-03-01100290892022-02-28100290892021-03-012022-02-2810029089bus:SmallEntities2022-03-012023-02-2810029089bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2810029089bus:FullAccounts2022-03-012023-02-2810029089bus:PrivateLimitedCompanyLtd2022-03-012023-02-2810029089core:WithinOneYear2023-02-2810029089core:AfterOneYear2023-02-2810029089core:WithinOneYear2022-02-2810029089core:AfterOneYear2022-02-2810029089core:ShareCapital2023-02-2810029089core:SharePremium2023-02-2810029089core:RevaluationReserve2023-02-2810029089core:OtherReservesSubtotal2023-02-2810029089core:RetainedEarningsAccumulatedLosses2023-02-2810029089core:ShareCapital2022-02-2810029089core:SharePremium2022-02-2810029089core:RevaluationReserve2022-02-2810029089core:OtherReservesSubtotal2022-02-2810029089core:RetainedEarningsAccumulatedLosses2022-02-2810029089core:LandBuildings2023-02-2810029089core:PlantMachinery2023-02-2810029089core:Vehicles2023-02-2810029089core:FurnitureFittings2023-02-2810029089core:OfficeEquipment2023-02-2810029089core:NetGoodwill2023-02-2810029089core:IntangibleAssetsOtherThanGoodwill2023-02-2810029089core:ListedExchangeTraded2023-02-2810029089core:UnlistedNon-exchangeTraded2023-02-2810029089core:LandBuildings2022-02-2810029089core:PlantMachinery2022-02-2810029089core:Vehicles2022-02-2810029089core:FurnitureFittings2022-02-2810029089core:OfficeEquipment2022-02-2810029089core:NetGoodwill2022-02-2810029089core:IntangibleAssetsOtherThanGoodwill2022-02-2810029089core:ListedExchangeTraded2022-02-2810029089core:UnlistedNon-exchangeTraded2022-02-2810029089core:LandBuildings2022-03-012023-02-2810029089core:PlantMachinery2022-03-012023-02-2810029089core:Vehicles2022-03-012023-02-2810029089core:FurnitureFittings2022-03-012023-02-2810029089core:OfficeEquipment2022-03-012023-02-2810029089core:NetGoodwill2022-03-012023-02-2810029089core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810029089core:ListedExchangeTraded2022-03-012023-02-2810029089core:UnlistedNon-exchangeTraded2022-03-012023-02-2810029089core:MoreThanFiveYears2022-03-012023-02-2810029089core:Non-currentFinancialInstruments2023-02-2810029089core:Non-currentFinancialInstruments2022-02-2810029089dpl:CostSales2022-03-012023-02-2810029089dpl:DistributionCosts2022-03-012023-02-2810029089core:LandBuildings2022-03-012023-02-2810029089core:PlantMachinery2022-03-012023-02-2810029089core:Vehicles2022-03-012023-02-2810029089core:FurnitureFittings2022-03-012023-02-2810029089core:OfficeEquipment2022-03-012023-02-2810029089dpl:AdministrativeExpenses2022-03-012023-02-2810029089core:NetGoodwill2022-03-012023-02-2810029089core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2810029089dpl:GroupUndertakings2022-03-012023-02-2810029089dpl:ParticipatingInterests2022-03-012023-02-2810029089dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2810029089core:ListedExchangeTraded2022-03-012023-02-2810029089dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2810029089core:UnlistedNon-exchangeTraded2022-03-012023-02-2810029089dpl:CostSales2021-03-012022-02-2810029089dpl:DistributionCosts2021-03-012022-02-2810029089core:LandBuildings2021-03-012022-02-2810029089core:PlantMachinery2021-03-012022-02-2810029089core:Vehicles2021-03-012022-02-2810029089core:FurnitureFittings2021-03-012022-02-2810029089core:OfficeEquipment2021-03-012022-02-2810029089dpl:AdministrativeExpenses2021-03-012022-02-2810029089core:NetGoodwill2021-03-012022-02-2810029089core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2810029089dpl:GroupUndertakings2021-03-012022-02-2810029089dpl:ParticipatingInterests2021-03-012022-02-2810029089dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2810029089core:ListedExchangeTraded2021-03-012022-02-2810029089dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2810029089core:UnlistedNon-exchangeTraded2021-03-012022-02-2810029089core:NetGoodwill2023-02-2810029089core:IntangibleAssetsOtherThanGoodwill2023-02-2810029089core:LandBuildings2023-02-2810029089core:PlantMachinery2023-02-2810029089core:Vehicles2023-02-2810029089core:FurnitureFittings2023-02-2810029089core:OfficeEquipment2023-02-2810029089core:AfterOneYear2023-02-2810029089core:WithinOneYear2023-02-2810029089core:ListedExchangeTraded2023-02-2810029089core:UnlistedNon-exchangeTraded2023-02-2810029089core:ShareCapital2023-02-2810029089core:SharePremium2023-02-2810029089core:RevaluationReserve2023-02-2810029089core:OtherReservesSubtotal2023-02-2810029089core:RetainedEarningsAccumulatedLosses2023-02-2810029089core:NetGoodwill2022-02-2810029089core:IntangibleAssetsOtherThanGoodwill2022-02-2810029089core:LandBuildings2022-02-2810029089core:PlantMachinery2022-02-2810029089core:Vehicles2022-02-2810029089core:FurnitureFittings2022-02-2810029089core:OfficeEquipment2022-02-2810029089core:AfterOneYear2022-02-2810029089core:WithinOneYear2022-02-2810029089core:ListedExchange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UNICORP LTD

Registered Number
10029089
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

UNICORP LTD
Company Information
for the year from 1 March 2022 to 28 February 2023

Director

ELLIS-GOWLAND, Benjamin Lloyd

Registered Address

Whitfield Business Hub 184 -200 Pensby Road
Heswall
Wirral
CH60 7RJ

Registered Number

10029089 (England and Wales)
UNICORP LTD
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets72,401294
2,401294
Current assets
Stocks867,69075,690
Debtors936,24925,307
Cash at bank and on hand59,70080,736
163,639181,733
Creditors amounts falling due within one year10(51,290)(44,656)
Net current assets (liabilities)112,349137,077
Total assets less current liabilities114,750137,371
Creditors amounts falling due after one year11(37,254)(43,214)
Net assets77,49694,157
Capital and reserves
Called up share capital100100
Profit and loss account77,39694,057
Shareholders' funds77,49694,157
The financial statements were approved and authorised for issue by the Director on 25 November 2023, and are signed on its behalf by:
ELLIS-GOWLAND, Benjamin Lloyd
Director
Registered Company No. 10029089
UNICORP LTD
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company in the period under review was that of retail sale via mail order houses or via internet
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment2
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
6.Employee information

20232022
Average number of employees during the year00
7.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
At 01 March 222,2432,243
Additions2,6862,686
At 28 February 234,9294,929
Depreciation and impairment
At 01 March 221,9491,949
Charge for year579579
At 28 February 232,5282,528
Net book value
At 28 February 232,4012,401
At 28 February 22294294
8.Stocks

2023

2022

££
Other stocks67,69075,690
Total67,69075,690
9.Debtors

2023

2022

££
Trade debtors / trade receivables9,8068,649
Other debtors18,70816,658
Prepayments and accrued income7,735-
Total36,24925,307
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
10.Creditors within one year

2023

2022

££
Trade creditors / trade payables1,795818
Bank borrowings and overdrafts5,96118,461
Taxation and social security42,23224,178
Other creditors1,302-
Accrued liabilities and deferred income-1,199
Total51,29044,656
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
11.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts37,25443,214
Total37,25443,214