Company Registration No. 11070263 (England and Wales)
Unite Property Ltd
Unaudited accounts
for the year ended 30 November 2023
Unite Property Ltd
Unaudited accounts
Contents
Unite Property Ltd
Company Information
for the year ended 30 November 2023
Directors
Mr David Peter STRATTON
Mrs Joanne Irina BURRELL
Secretary
David Peter STRATTON
Company Number
11070263 (England and Wales)
Registered Office
The Lodge
6 Marlborough Street
Andover
Hampshire
SP10 1DG
United Kingdom
Accountants
Anna Sharlott FFA FIPA
EP Services Limited T/A EP Tax
Unit 2D-2E Castledown Business Park
Ludgershall
Wiltshire
SP11 9FA
Unite Property Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
428,815
459,159
Cash at bank and in hand
18,084
9,950
Creditors: amounts falling due within one year
(47,215)
(38,469)
Net current liabilities
(29,131)
(28,519)
Total assets less current liabilities
399,684
430,640
Creditors: amounts falling due after more than one year
(463,680)
(463,680)
Net liabilities
(63,996)
(33,040)
Called up share capital
3
3
Profit and loss account
(63,999)
(33,043)
Shareholders' funds
(63,996)
(33,040)
For the year ending 30 November 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 21 August 2024 and were signed on its behalf by
Mr David Peter STRATTON
Director
Company Registration No. 11070263
Unite Property Ltd
Notes to the Accounts
for the year ended 30 November 2023
Unite Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 11070263. The registered office is The Lodge, 6 Marlborough Street, Andover, Hampshire, SP10 1DG, United Kingdom.
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:
Land & buildings
2% Straight Line
Plant & machinery
20% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 December 2022
385,438
113,179
498,617
At 30 November 2023
385,438
113,179
498,617
At 1 December 2022
30,544
8,914
39,458
Charge for the year
7,708
22,636
30,344
At 30 November 2023
38,252
31,550
69,802
At 30 November 2023
347,186
81,629
428,815
At 30 November 2022
354,894
104,265
459,159
Unite Property Ltd
Notes to the Accounts
for the year ended 30 November 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(590)
579
Loans from directors
46,797
36,786
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
391,930
391,930
Other creditors
71,750
71,750
7
Post balance sheet events
There are a few remaining queries with the previous accountant which may result adjustments in next years accounts. We have assessed that any potential amendments are not material.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).