Company Registration No. 09285771 (England and Wales)
Unity Traders Ltd
Unaudited accounts
for the year ended 31 October 2023
Unity Traders Ltd
Unaudited accounts
Contents
Unity Traders Ltd
Company Information
for the year ended 31 October 2023
Directors
Umar MALHI
ABDUL MOQEET
Company Number
09285771 (England and Wales)
Registered Office
81 Parkside Business Estate
Blackhorse Road
London
SE8 5HZ
Accountants
KHIZ ACCOUNTING LTD
AIRPORT HOUSE BUSINESS CENTRE
PURLEY WAY
CROYDON
CR0 0XZ
Unity Traders Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
86,947
35,726
Inventories
293,677
157,851
Cash at bank and in hand
71,213
51,498
Creditors: amounts falling due within one year
(582,156)
(641,547)
Net current assets
314,476
137,105
Total assets less current liabilities
401,423
172,831
Creditors: amounts falling due after more than one year
(248,935)
(38,948)
Net assets
152,488
133,883
Called up share capital
100
100
Profit and loss account
152,388
133,783
Shareholders' funds
152,488
133,883
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 4 April 2024 and were signed on its behalf by
ABDUL MOQEET
Director
Company Registration No. 09285771
Unity Traders Ltd
Notes to the Accounts
for the year ended 31 October 2023
Unity Traders Ltd is a private company, limited by shares, registered in England and Wales, registration number 09285771. The registered office is 81 Parkside Business Estate, Blackhorse Road, London, SE8 5HZ.
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 remained unchanged from the previous year, and also 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2022
90,490
-
90,490
At 31 October 2023
90,490
78,913
169,403
At 1 November 2022
54,764
-
54,764
Charge for the year
11,909
15,783
27,692
At 31 October 2023
66,673
15,783
82,456
At 31 October 2023
23,817
63,130
86,947
At 31 October 2022
35,726
-
35,726
Amounts falling due within one year
Trade debtors
403,475
532,039
Unity Traders Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
577,088
628,505
Taxes and social security
5,068
13,042
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
8,067
-
8
Average number of employees
During the year the average number of employees was 19 (2022: 16).