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REGISTERED NUMBER: 10457686 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Unique Lofts Limited

Unique Lofts Limited (Registered number: 10457686)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Unique Lofts Limited

Company Information
for the year ended 30 November 2023







DIRECTORS: Mrs R H M Johnson
M S Johnson





REGISTERED OFFICE: Unit 6, Cherrytree Farm
Blackmore End Road
Sible Hedingham
HALSTEAD
Essex
CO9 3LZ





REGISTERED NUMBER: 10457686 (England and Wales)





ACCOUNTANTS: Simpson Accountancy
Unit 6, CherryTree Farm,
Blackmore End Road
Sible Hedingham
CO9 3LG

Unique Lofts Limited (Registered number: 10457686)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 266 2,129

CURRENT ASSETS
Debtors 5 212,563 225,000
Cash at bank 44,726 48,480
257,289 273,480
CREDITORS
Amounts falling due within one year 6 62,623 78,911
NET CURRENT ASSETS 194,666 194,569
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,932

196,698

CREDITORS
Amounts falling due after more than one
year

7

(14,246

)

(24,266

)

PROVISIONS FOR LIABILITIES 8 (54 ) (405 )
NET ASSETS 180,632 172,027

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9 180,630 172,025
180,632 172,027

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Unique Lofts Limited (Registered number: 10457686)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 June 2024 and were signed on its behalf by:





M S Johnson - Director


Unique Lofts Limited (Registered number: 10457686)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Unique Lofts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Unique Lofts Limited (Registered number: 10457686)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 17,381
Additions 399
At 30 November 2023 17,780
DEPRECIATION
At 1 December 2022 15,252
Charge for year 2,262
At 30 November 2023 17,514
NET BOOK VALUE
At 30 November 2023 266
At 30 November 2022 2,129

5. DEBTORS

Including with other debtors is SCH455 tax totalling £12,792.60.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 11,521 11,521
Trade creditors 1,418 142
Taxation and social security 47,552 58,753
Other creditors 2,132 8,495
62,623 78,911

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 14,246 24,266

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 405 405
Deferred tax (351 ) -
54 405

Unique Lofts Limited (Registered number: 10457686)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 December 2022 405
Utilised during year (351 )
Balance at 30 November 2023 54

9. RESERVES
Retained
earnings
£   

At 1 December 2022 172,025
Profit for the year 48,605
Dividends (40,000 )
At 30 November 2023 180,630

10. RELATED PARTY DISCLOSURES

As at the balance sheet date the company was owed £161,865 (2022: £225,000) from Unique House Build Renovations Ltd, a company of which Mark Johnson is also a director.

During the year interest of £400.13 has been charged on the balance of the directors loan account.