Registered Number:05083982 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
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
Unique Door Panels Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
101,373
101,735
2
101,373
101,735
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
153
153
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. |
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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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. |
Unit C2, Europa Trading Estate
Stoneclough Road
Radcliffe
Manchester
M26 1GG
The presentation currency is £ sterling. |
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
Computer Equipment
Motor Vehicles
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. |
2 of 4
For the year ended 31 March 2024
Unique Door Panels Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
443,784
4,481
17,095
109,021
313,187
42,745
-
795
23,500
18,450
-
-
(28,751)
-
(28,751)
103,770
17,890
4,481
457,778
331,637
Provision for depreciation and impairment |
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)
-
356,405
2,677
16,888
25,910
310,930
20,707
77,860
1,002
1,804
101,373
19,117
79,339
355
2,924
101,735
2023
2024
261,299
269,710
4. Trade and other receivables |
2023
2024
702,020
704,519
23,085
22,313
726,832
725,105
3 of 4
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
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
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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