UNCLETEO PROMOTIONS LTD

Company Registration Number:
11532089 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

UNCLETEO PROMOTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

UNCLETEO PROMOTIONS LTD

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 3,593 1,155
Total fixed assets: 3,593 1,155
Current assets
Debtors: 4 225 100
Cash at bank and in hand: 389 689
Total current assets: 614 789
Creditors: amounts falling due within one year: 5 (383) (294)
Net current assets (liabilities): 231 495
Total assets less current liabilities: 3,824 1,650
Creditors: amounts falling due after more than one year: 6 (2,089)
Total net assets (liabilities): 1,735 1,650
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,635 1,550
Shareholders funds: 1,735 1,650

The notes form part of these financial statements

UNCLETEO PROMOTIONS LTD

Balance sheet statements

For the year ending 31 August 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 August 2024
and signed on behalf of the board by:

Name: OBOJEMEME, Theodore St John
Status: Director

The notes form part of these financial statements

UNCLETEO PROMOTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Other accounting policies

UNCLETEO PROMOTIONS Limited hereinafter referred to as the company is registered with companies house with registration no 11532089 with OBOJEMEME, Theodore St John.as the sole director. The company provides Entertainment services through its director to its customers. The financial statement has been prepared under the historical cost convention and in accordance with the financial Reporting Standard for Smaller Entities (effective January 2016

UNCLETEO PROMOTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

The director is the sole employee for the company. He pays people he sublet some services as when the work comes around.

UNCLETEO PROMOTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible Assets

Total
Cost £
At 01 September 2022 1,566
Additions 2,604
At 31 August 2023 4,170
Depreciation
At 01 September 2022 411
Charge for year 166
At 31 August 2023 577
Net book value
At 31 August 2023 3,593
At 31 August 2022 1,155

This is the figure recorded for PPE during the reporting period. Property, plant and equipment (PPE) are the long-term tangible assets that are shown on the balance sheet of the company. The company recognizes an asset as an item of PPE when the asset has a useful life for more than one year and it is used for production or supply of goods or services, for rental to others, or for administrative purposes. Property, plant and equipment include land, building, machinery, vehicles, office equipment and furniture, etc. The company records an item of property, plant and equipment initially at its cost in the accounting record. It includes all costs that necessary to bring the asset to the working condition that it can be used as intended. The cost of an item of PPE includes purchased price, import duties, and the costs to get assets to the location and condition ready to use such as transportation and installation cost, etc

UNCLETEO PROMOTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 225 100

This has already been deducted from the directors wages before arriving at the current wage. Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at the amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts

UNCLETEO PROMOTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

This is the tax due at the end of the financial year. Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at the amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts

UNCLETEO PROMOTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

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

Amount falling due after one year is the liabilities that the company expects to pay after a year, for example long-term bank loans, mortgages, bonds. Also called non-current liabilities