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REGISTERED NUMBER: 01999096 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

Uniscar Limited

Uniscar Limited (Registered number: 01999096)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Uniscar Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: J P Glancy





REGISTERED OFFICE: C/O Stanningley Coaches
Woodlands Terrace
Stanningley
Leeds
West Yorkshire
LS28 6QD





REGISTERED NUMBER: 01999096 (England and Wales)





ACCOUNTANTS: Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE

Uniscar Limited (Registered number: 01999096)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 390 460
Investments 5 274,525 275,755
Investment property 6 200,000 175,000
474,915 451,215

CURRENT ASSETS
Debtors 7 2,160 2,420
Cash at bank 231,258 218,515
233,418 220,935
CREDITORS
Amounts falling due within one year 8 14,337 7,870
NET CURRENT ASSETS 219,081 213,065
TOTAL ASSETS LESS CURRENT
LIABILITIES

693,996

664,280

PROVISIONS FOR LIABILITIES 25,820 14,904
NET ASSETS 668,176 649,376

CAPITAL AND RESERVES
Called up share capital 9 100 100
Non-distributable reserves 10 102,970 88,899
Retained earnings 565,106 560,377
SHAREHOLDERS' FUNDS 668,176 649,376

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Uniscar Limited (Registered number: 01999096)

Balance Sheet - continued
28 February 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 February 2024 and were signed by:





J P Glancy - Director


Uniscar Limited (Registered number: 01999096)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Uniscar Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Uniscar Limited (Registered number: 01999096)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 10,320
DEPRECIATION
At 1 March 2022 9,860
Charge for year 70
At 28 February 2023 9,930
NET BOOK VALUE
At 28 February 2023 390
At 28 February 2022 460

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2022 275,755
Additions 50,000
Disposals (51,230 )
At 28 February 2023 274,525
NET BOOK VALUE
At 28 February 2023 274,525
At 28 February 2022 275,755

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022 175,000
Revaluations 25,000
At 28 February 2023 200,000
NET BOOK VALUE
At 28 February 2023 200,000
At 28 February 2022 175,000

Uniscar Limited (Registered number: 01999096)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

6. INVESTMENT PROPERTY - continued

Fair value at 28 February 2023 is represented by:
£   
Valuation in 2008 78,715
Valuation in 2017 25,000
Valuation in 2023 25,000
Cost 71,285
200,000

If Investment property had not been revalued it would have been included at the following historical cost:

28.2.23 28.2.22
£    £   
Cost 71,285 71,285

Investment property was valued on an open market basis on 28 February 2023 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 2,160 2,420

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Taxation and social security 1,592 4,769
Other creditors 12,745 3,101
14,337 7,870

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100

Uniscar Limited (Registered number: 01999096)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

10. RESERVES
Non-distributable
reserves
£   
At 1 March 2022 88,899
Revaluation in year 14,071

At 28 February 2023 102,970

The transfer between reserves represents the reclassification of investment property valuation gains and losses (net of associated deferred tax) into an other reserve, on the basis that the net valuation gains are not available for distribution to shareholders.

Revaluations £128,715 less deferred tax £25,745 non-distributable reserve £102,970.

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is an amount of £3,866 due to a director (2022: £1,742). Interest is charged at 10% and repayable on demand.

12. ULTIMATE CONTROLLING PARTY

The controlling party is J P Glancy.

The ultimate controlling party is J P Glancy.

During the year the company was under the control of Mr J P Glancy, director, by virtue of him having a beneficial interest of 100% of the issued share capital of the company, being 30% held by him and 70% held by his wife Mrs K Glancy.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Uniscar Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Uniscar Limited for the year ended 28 February 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Uniscar Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Uniscar Limited and state those matters that we have agreed to state to the director of Uniscar Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Uniscar Limited and its director for our work or for this report.

It is your duty to ensure that Uniscar Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Uniscar Limited. You consider that Uniscar Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Uniscar Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE


Date: .............................................