UNITY SHARED SERVICES LTD

Company Registration Number:
13571289 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

UNITY SHARED SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

UNITY SHARED SERVICES LTD

Profit And Loss Account

for the Period Ended 31 December 2023

2023 16 months to 31 December 2022


£

£
Turnover: 344,019 328,995
Cost of sales: ( 195,647 ) ( 188,231 )
Gross profit(or loss): 148,372 140,764
Administrative expenses: ( 139,037 ) ( 108,571 )
Operating profit(or loss): 9,335 32,193
Interest payable and similar charges: ( 2,427 ) ( 25,041 )
Profit(or loss) before tax: 6,908 7,152
Tax: ( 1,025 )
Profit(or loss) for the financial year: 6,908 6,127

UNITY SHARED SERVICES LTD

Balance sheet

As at 31 December 2023

Notes 2023 16 months to 31 December 2022


£

£
Fixed assets
Tangible assets: 3 115,794 115,794
Total fixed assets: 115,794 115,794
Current assets
Debtors: 4 44,725 76,935
Cash at bank and in hand: 15,312 310
Total current assets: 60,037 77,245
Creditors: amounts falling due within one year: 5 ( 84,130 ) ( 170,158 )
Net current assets (liabilities): (24,093) (92,913)
Total assets less current liabilities: 91,701 22,881
Creditors: amounts falling due after more than one year: 6 0 ( 9,654 )
Total net assets (liabilities): 91,701 13,227
Capital and reserves
Called up share capital: 100 100
Other reserves: 78,566 7,000
Profit and loss account: 13,035 6,127
Total Shareholders' funds: 91,701 13,227

The notes form part of these financial statements

UNITY SHARED SERVICES LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 5 April 2024
and signed on behalf of the board by:

Name: Simon Scotchbrook
Status: Director

The notes form part of these financial statements

UNITY SHARED SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    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. 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly overits expected useful life, as follows:Freehold buildings - over 50 yearsLeasehold land and buildings - over the lease termPlant and machinery - over 4 yearsFixtures, fittings, tools and equipment - over 3 years

UNITY SHARED SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 16 months to 31 December 2022
    Average number of employees during the period 6 8

UNITY SHARED SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 115,794 115,794
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 115,794 115,794
Depreciation
At 1 January 2023 0 0
Charge for year
On disposals
Other adjustments
At 31 December 2023 0 0
Net book value
At 31 December 2023 115,794 115,794
At 31 December 2022 115,794 115,794

UNITY SHARED SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 16 months to 31 December 2022
£ £
Trade debtors 32,273 65,005
Other debtors 12,452 11,930
Total 44,725 76,935

UNITY SHARED SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 16 months to 31 December 2022
£ £
Bank loans and overdrafts 6,823 54,688
Trade creditors 64,007 90,785
Taxation and social security 5,758 10,645
Other creditors 7,542 14,040
Total 84,130 170,158

UNITY SHARED SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

2023 16 months to 31 December 2022
£ £
Bank loans and overdrafts 0 9,654
Total 0 9,654