2023-04-01 05083982 2024-03-31 05083982 2023-04-01 2024-03-31 05083982 2023-03-31 05083982 2022-04-01 2023-03-31 05083982 uk-core:WithinOneYear 2023-03-31 05083982 uk-core:WithinOneYear 2024-03-31 05083982 uk-core:ShareCapital 2024-03-31 05083982 uk-core:ShareCapital 2023-03-31 05083982 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 05083982 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 05083982 uk-bus:Director1 2023-04-01 2024-03-31 05083982 uk-core:PlantMachinery 2023-04-01 2024-03-31 05083982 uk-core:ComputerEquipment 2023-04-01 2024-03-31 05083982 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 05083982 uk-core:FurnitureFittings 2023-04-01 2024-03-31 05083982 uk-core:ComputerEquipment 2023-03-31 05083982 uk-core:FurnitureFittings 2023-03-31 05083982 uk-core:CommercialMotorVehicles 2023-03-31 05083982 uk-core:PlantMachinery 2023-03-31 05083982 uk-core:CommercialMotorVehicles 2024-03-31 05083982 uk-core:FurnitureFittings 2024-03-31 05083982 uk-core:ComputerEquipment 2024-03-31 05083982 uk-core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure 05083982 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05083982 uk-bus:FRS102 2023-04-01 2024-03-31 05083982 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 05083982 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Unique Door Panels Ltd
Registered Number:05083982
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Unique Door Panels Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
05083982
As at 31 March 2024
Unique Door Panels Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
101,373
101,735
2
101,373
101,735
Current assets
Inventories
269,710
261,299
3
Trade and other receivables
726,832
725,105
4
1,449,831
Cash and cash equivalents
1,811,582
2,797,986
2,446,373
Trade and other payables: amounts falling due within one
year
(717,286)
(785,221)
5
1,729,087
2,012,765
Net current assets
Total assets less current liabilities
2,114,138
1,830,822
(25,343)
(19,330)
Provisions for liabilities
2,088,795
Net assets
1,811,492
Capital and reserves
Called up share capital
153
153
Retained earnings
2,088,642
1,811,339
2,088,795
1,811,492
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
K Roberts Director
These financial statements were approved and authorised for issue by the Board on 07 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
Unique Door Panels Ltd
Notes to the Financial Statements
Statutory Information
Unique Door Panels Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05083982.
Registered address:
Unit C2, Europa Trading Estate
Stoneclough Road
Radcliffe
Manchester
M26 1GG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Plant and equipment is stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Straight line
25% Straight line
Computer Equipment
20% Straight line
Motor Vehicles
20% Straight line
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 31 March 2024
Unique Door Panels Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
£
£
£
£
£
Cost or
valuation
At 01 April 2023
443,784
4,481
17,095
109,021
313,187
42,745
-
795
23,500
18,450
Additions
-
-
(28,751)
-
Disposals
(28,751)
At 31 March 2024
103,770
17,890
4,481
457,778
331,637
Provision for depreciation and impairment
At 01 April 2023
342,049
1,557
16,740
29,682
294,070
Charge for year
35,357
1,120
148
17,229
16,860
(21,001)
-
-
(21,001)
-
On disposal
At 31 March 2024
356,405
2,677
16,888
25,910
310,930
At 31 March 2024
Net book value
20,707
77,860
1,002
1,804
101,373
At 31 March 2023
19,117
79,339
355
2,924
101,735
3. Inventories
2023
2024
£
£
Stocks
261,299
269,710
4. Trade and other receivables
2023
2024
£
£
Trade debtors
702,020
704,519
Other debtors
23,085
22,313
726,832
725,105
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6
For the year ended 31 March 2024
Unique Door Panels Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
577,225
538,334
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
15,464
-
Taxation and social security
163,649
165,148
Other creditors
28,883
13,804
785,221
717,286
6. Average number of persons employed
During the year the average number of employees was 26 (2023 : 29)
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