2023-06-012024-05-312024-05-31false08083836THE UNITY AGENCY LTD2024-08-0674909iso4217:GBPxbrli:pure080838362023-06-01080838362024-05-31080838362023-06-012024-05-31080838362022-06-01080838362023-05-31080838362022-06-012023-05-3108083836bus:SmallEntities2023-06-012024-05-3108083836bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3108083836bus:FullAccounts2023-06-012024-05-3108083836bus:PrivateLimitedCompanyLtd2023-06-012024-05-3108083836core:WithinOneYear2024-05-3108083836core:AfterOneYear2024-05-3108083836core:WithinOneYear2023-05-3108083836core:AfterOneYear2023-05-3108083836core:ShareCapital2024-05-3108083836core:SharePremium2024-05-3108083836core:RevaluationReserve2024-05-3108083836core:OtherReservesSubtotal2024-05-3108083836core:RetainedEarningsAccumulatedLosses2024-05-3108083836core:ShareCapital2023-05-3108083836core:SharePremium2023-05-3108083836core:RevaluationReserve2023-05-3108083836core:OtherReservesSubtotal2023-05-3108083836core:RetainedEarningsAccumulatedLosses2023-05-3108083836core:LandBuildings2024-05-3108083836core:PlantMachinery2024-05-3108083836core:Vehicles2024-05-3108083836core:FurnitureFittings2024-05-3108083836core:OfficeEquipment2024-05-3108083836core:NetGoodwill2024-05-3108083836core:IntangibleAssetsOtherThanGoodwill2024-05-3108083836core:ListedExchangeTraded2024-05-3108083836core:UnlistedNon-exchangeTraded2024-05-3108083836core:LandBuildings2023-05-3108083836core:PlantMachinery2023-05-3108083836core:Vehicles2023-05-3108083836core:FurnitureFittings2023-05-3108083836core:OfficeEquipment2023-05-3108083836core:NetGoodwill2023-05-3108083836core:IntangibleAssetsOtherThanGoodwill2023-05-3108083836core:ListedExchangeTraded2023-05-3108083836core:UnlistedNon-exchangeTraded2023-05-3108083836core:LandBuildings2023-06-012024-05-3108083836core:PlantMachinery2023-06-012024-05-3108083836core:Vehicles2023-06-012024-05-3108083836core:FurnitureFittings2023-06-012024-05-3108083836core:OfficeEquipment2023-06-012024-05-3108083836core:NetGoodwill2023-06-012024-05-3108083836core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3108083836core:ListedExchangeTraded2023-06-012024-05-3108083836core:UnlistedNon-exchangeTraded2023-06-012024-05-3108083836core:MoreThanFiveYears2023-06-012024-05-3108083836core:Non-currentFinancialInstruments2024-05-3108083836core:Non-currentFinancialInstruments2023-05-3108083836dpl:CostSales2023-06-012024-05-3108083836dpl:DistributionCosts2023-06-012024-05-3108083836core:LandBuildings2023-06-012024-05-3108083836core:PlantMachinery2023-06-012024-05-3108083836core:Vehicles2023-06-012024-05-3108083836core:FurnitureFittings2023-06-012024-05-3108083836core:OfficeEquipment2023-06-012024-05-3108083836dpl:AdministrativeExpenses2023-06-012024-05-3108083836core:NetGoodwill2023-06-012024-05-3108083836core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3108083836dpl:GroupUndertakings2023-06-012024-05-3108083836dpl:ParticipatingInterests2023-06-012024-05-3108083836dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3108083836core:ListedExchangeTraded2023-06-012024-05-3108083836dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3108083836core:UnlistedNon-exchangeTraded2023-06-012024-05-3108083836dpl:CostSales2022-06-012023-05-3108083836dpl:DistributionCosts2022-06-012023-05-3108083836core:LandBuildings2022-06-012023-05-3108083836core:PlantMachinery2022-06-012023-05-3108083836core:Vehicles2022-06-012023-05-3108083836core:FurnitureFittings2022-06-012023-05-3108083836core:OfficeEquipment2022-06-012023-05-3108083836dpl:AdministrativeExpenses2022-06-012023-05-3108083836core:NetGoodwill2022-06-012023-05-3108083836core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3108083836dpl:GroupUndertakings2022-06-012023-05-3108083836dpl:ParticipatingInterests2022-06-012023-05-3108083836dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3108083836core:ListedExchangeTraded2022-06-012023-05-3108083836dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3108083836core:UnlistedNon-exchangeTraded2022-06-012023-05-3108083836core:NetGoodwill2024-05-3108083836core:IntangibleAssetsOtherThanGoodwill2024-05-3108083836core:LandBuildings2024-05-3108083836core:PlantMachinery2024-05-3108083836core:Vehicles2024-05-3108083836core:FurnitureFittings2024-05-3108083836core:OfficeEquipment2024-05-3108083836core:AfterOneYear2024-05-3108083836core:WithinOneYear2024-05-3108083836core:ListedExchangeTraded2024-05-3108083836core:UnlistedNon-exchangeTraded2024-05-3108083836core:ShareCapital2024-05-3108083836core:SharePremium2024-05-3108083836core:RevaluationReserve2024-05-3108083836core:OtherReservesSubtotal2024-05-3108083836core:RetainedEarningsAccumulatedLosses2024-05-3108083836core:NetGoodwill2023-05-3108083836core:IntangibleAssetsOtherThanGoodwill2023-05-3108083836core:LandBuildings2023-05-3108083836core:PlantMachinery2023-05-3108083836core:Vehicles2023-05-3108083836core:FurnitureFittings2023-05-3108083836core:OfficeEquipment2023-05-3108083836core:AfterOneYear2023-05-3108083836core:WithinOneYear2023-05-3108083836core:ListedExc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THE UNITY AGENCY LTD

Registered Number
08083836
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

THE UNITY AGENCY LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Directors

BUDD, Gina
BUDD, Paul Greg

Registered Address

12a Marlborough Place
Brighton
BN1 1WN

Registered Number

08083836 (England and Wales)
THE UNITY AGENCY LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets47,5489,861
7,5489,861
Current assets
Debtors511,99910,991
Cash at bank and on hand7,098885
19,09711,876
Creditors amounts falling due within one year6(8,242)(1,699)
Net current assets (liabilities)10,85510,177
Total assets less current liabilities18,40320,038
Creditors amounts falling due after one year7(15,000)(19,000)
Provisions for liabilities8(1,887)(1,164)
Accruals and deferred income(1,500)(1,524)
Net assets16(1,650)
Capital and reserves
Called up share capital22
Profit and loss account14(1,652)
Shareholders' funds16(1,650)
The financial statements were approved and authorised for issue by the Board of Directors on 6 August 2024, and are signed on its behalf by:
BUDD, Paul Greg
Director
Registered Company No. 08083836
THE UNITY AGENCY LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Plant and machinery25-
Fixtures and fittings20-
Office Equipment-3
2.Average number of employees

20242023
Average number of employees during the year22
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 June 2320,4704,1752,08426,729
At 31 May 2420,4704,1752,08426,729
Depreciation and impairment
At 01 June 2313,7031,0812,08416,868
Charge for year1,703610-2,313
At 31 May 2415,4061,6912,08419,181
Net book value
At 31 May 245,0642,484-7,548
At 31 May 236,7673,094-9,861
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables3,611-
Other debtors8,38810,991
Total11,99910,991
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables96799
Taxation and social security5,066-
Other creditors3,080900
Total8,2421,699
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts15,00019,000
Total15,00019,000
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)1,8871,164
Total1,8871,164
9.Directors advances, credits and guarantees
At the year end the directors each owed the company £4,194 (2023: £5,487). This was repaid to the company on 05 August 2024.