Company Registration No. 14589726 (England and Wales)
Younique Development Ltd
Unaudited accounts
for the period from 12 January 2023 to 31 December 2023
Younique Development Ltd
Unaudited accounts
Contents
Younique Development Ltd
Company Information
for the period from 12 January 2023 to 31 December 2023
Company Number
14589726 (England and Wales)
Registered Office
The Offices
57 Newtown Road
Brighton
BN3 7BA
England
Accountants
Small Business Accountancy
18 Stoney Hill
Rastrick
Brighouse
West Yorkshire
HD6 3BP
Younique Development Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
27,016
Creditors: amounts falling due within one year
(25,500)
Total assets less current liabilities
8,230
Provisions for liabilities
Profit and loss account
8,161
For the period ending 31 December 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 5 February 2024 and were signed on its behalf by
Benjamin Sheath
Director
Company Registration No. 14589726
Younique Development Ltd
Notes to the Accounts
for the period from 12 January 2023 to 31 December 2023
Younique Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 14589726. The registered office is The Offices, 57 Newtown Road, Brighton, BN3 7BA, England.
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 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.
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:
Computer equipment
25% reducing balance
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.
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Tangible fixed assets
Computer equipment
Younique Development Ltd
Notes to the Accounts
for the period from 12 January 2023 to 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
1,859
6
Creditors: amounts falling due within one year
2023
Taxes and social security
14,779
Loans from directors
3,215
Accelerated capital allowances
68
Charged to the profit and loss account
68
Provision at end of period
68
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
9
Transactions with related parties
The company is in receipt of a loan amounting to £3,215.00 from a member of key management personnel. The loan is payable on demand and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
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Average number of employees
During the period the average number of employees was 1.