Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-302022-07-01falseelectrical installation and other specialised construction activites.11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10294089 2022-07-01 2023-06-30 10294089 2021-07-01 2022-06-30 10294089 2023-06-30 10294089 2022-06-30 10294089 2021-07-01 10294089 c:Director1 2022-07-01 2023-06-30 10294089 d:PlantMachinery 2022-07-01 2023-06-30 10294089 d:PlantMachinery 2023-06-30 10294089 d:PlantMachinery 2022-06-30 10294089 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10294089 d:MotorVehicles 2022-07-01 2023-06-30 10294089 d:MotorVehicles 2023-06-30 10294089 d:MotorVehicles 2022-06-30 10294089 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10294089 d:OfficeEquipment 2022-07-01 2023-06-30 10294089 d:OfficeEquipment 2023-06-30 10294089 d:OfficeEquipment 2022-06-30 10294089 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10294089 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 10294089 d:CurrentFinancialInstruments 2023-06-30 10294089 d:CurrentFinancialInstruments 2022-06-30 10294089 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10294089 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 10294089 d:ShareCapital 2023-06-30 10294089 d:ShareCapital 2022-06-30 10294089 d:RetainedEarningsAccumulatedLosses 2023-06-30 10294089 d:RetainedEarningsAccumulatedLosses 2022-06-30 10294089 c:FRS102 2022-07-01 2023-06-30 10294089 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 10294089 c:FullAccounts 2022-07-01 2023-06-30 10294089 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 10294089 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 10294089 d:AcceleratedTaxDepreciationDeferredTax 2022-06-30 10294089 2 2022-07-01 2023-06-30 10294089 e:PoundSterling 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 10294089









UNIQHOME LTD








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
UNIQHOME LTD
REGISTERED NUMBER: 10294089

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
29,152
1,180

Current assets
  

Stocks
 5 
2,000
3,500

Debtors: amounts falling due within one year
 6 
5,504
500

Cash at bank and in hand
 7 
13,270
61,739

  
20,774
65,739

Creditors: amounts falling due within one year
 8 
(38,051)
(51,409)

Net current (liabilities)/assets
  
 
 
(17,277)
 
 
14,330

Provisions for liabilities
  

Deferred tax
 9 
(5,539)
(224)

Net assets
  
6,336
15,286


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
6,335
15,285

  
6,336
15,286


Page 1

 
UNIQHOME LTD
REGISTERED NUMBER: 10294089
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 director acknowledges his 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 10 April 2024.




N Stocker
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
UNIQHOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Uniqhome Ltd is a company limited by shares, incorporated in England, United Kingdom. The address of the registered office is 57 Dangan Road, London, E11 2RF which is also the principal place of business. The principal activity of the company is that of electrical installation and other specialised construction activities.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
UNIQHOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight-line and reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
reducing balance
Motor vehicles
-
25%
reducing balance
Office equipment
-
25%
straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
UNIQHOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.6

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 



 
2.7

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.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

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.

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.11

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
UNIQHOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 July 2022
1,000
-
2,106
3,106


Additions
-
37,670
316
37,986



At 30 June 2023

1,000
37,670
2,422
41,092



Depreciation


At 1 July 2022
672
-
1,254
1,926


Charge for the year on owned assets
66
9,418
530
10,014



At 30 June 2023

738
9,418
1,784
11,940



Net book value



At 30 June 2023
262
28,252
638
29,152



At 30 June 2022
328
-
852
1,180


5.


Stocks

2023
2022
£
£

Raw materials
2,000
3,500


Page 6

 
UNIQHOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Debtors

2023
2022
£
£


Other debtors
5,418
-

Prepayments and accrued income
86
500

5,504
500



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
13,270
61,739



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
13,196

Corporation tax
-
5,702

Other taxation and social security
-
2,642

Other creditors
36,006
28,375

Accruals and deferred income
2,045
1,494

38,051
51,409


Page 7

 
UNIQHOME LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

9.


Deferred taxation




2023
2022


£

£






At beginning of year
(224)
(340)


(Charged)/released to profit or loss
(5,315)
116



At end of year
(5,539)
(224)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(5,539)
(224)

 
Page 8