Caseware UK (AP4) 2022.0.179 2022.0.179 2022-11-302022-11-302falsetrue2021-12-01truether service activities not elsewhere classified2 13033345 2021-12-01 2022-11-30 13033345 2020-11-20 2021-11-30 13033345 2022-11-30 13033345 2021-11-30 13033345 c:Director2 2021-12-01 2022-11-30 13033345 d:CurrentFinancialInstruments 2022-11-30 13033345 d:CurrentFinancialInstruments 2021-11-30 13033345 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 13033345 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 13033345 d:ShareCapital 2022-11-30 13033345 d:ShareCapital 2021-11-30 13033345 d:RetainedEarningsAccumulatedLosses 2022-11-30 13033345 d:RetainedEarningsAccumulatedLosses 2021-11-30 13033345 c:OrdinaryShareClass1 2021-12-01 2022-11-30 13033345 c:OrdinaryShareClass1 2022-11-30 13033345 c:OrdinaryShareClass1 2021-11-30 13033345 c:EntityNoLongerTradingButTradedInPast 2021-12-01 2022-11-30 13033345 c:FRS102 2021-12-01 2022-11-30 13033345 c:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 13033345 c:FullAccounts 2021-12-01 2022-11-30 13033345 c:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 13033345 d:EntityControlledByKeyManagementPersonnel1 2021-12-01 2022-11-30 13033345 d:EntityControlledByKeyManagementPersonnel1 2022-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13033345










UNICORN RENEWABLES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2022

 
UNICORN RENEWABLES LIMITED
REGISTERED NUMBER: 13033345

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
149
11,727

Cash at bank and in hand
  
8,197
-

  
8,346
11,727

Creditors: amounts falling due within one year
 5 
(135,550)
(75,270)

Net current liabilities
  
 
 
(127,204)
 
 
(63,543)

  

Net liabilities
  
(127,204)
(63,543)


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
(127,304)
(63,643)

  
(127,204)
(63,543)


For the year ended 30 November 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 November 2023.




S Mukherji
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
UNICORN RENEWABLES LIMITED
REGISTERED NUMBER: 13033345
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2022


Page 2

 
UNICORN RENEWABLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1.


General information

Unicorn Renewables Ltd is a private company, limited by shares, registered in England and wales, registration number 13033345. The registered office is 108 Crown House, Aldersgate Street, London, EC1A 4JQ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company is reliant upon Om Shiva Management Holdings Limited (BVI), a company registered in British Virgin Islands, for financial support. 
The directors are confident that the company will generate profit in the future and that the above company will provide financial support to the company to enable it to continue trading for the foreseeable future, and has therefore prepared the accounts on a going concern basis.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Page 3

 
UNICORN RENEWABLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

2.Accounting policies (continued)


2.5
Financial instruments (continued)

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the Statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).


4.


Debtors

2022
2021
£
£


Other debtors
149
11,627

Called up share capital not paid
-
100

149
11,727



5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other taxation and social security
2,646
290

Other creditors
128,604
72,980

Accruals and deferred income
4,300
2,000

135,550
75,270


Page 4

 
UNICORN RENEWABLES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

6.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100 (2021 - 100) Ordinary shares of £1.00 each
100
100



7.


Related party transactions


At the period end, the company owed Bia Power Limited £120,683 (2021 - £70,770), a company under common control.


8.


Controlling party

The ultimate controlling party is the director, S Mukherji.

 
Page 5