Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-01-01falseNo description of principal activity1919trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03079207 2023-01-01 2023-12-31 03079207 2022-01-01 2022-12-31 03079207 2023-12-31 03079207 2022-12-31 03079207 c:Director2 2023-01-01 2023-12-31 03079207 d:MotorVehicles 2023-01-01 2023-12-31 03079207 d:MotorVehicles 2023-12-31 03079207 d:MotorVehicles 2022-12-31 03079207 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03079207 d:FurnitureFittings 2023-01-01 2023-12-31 03079207 d:FurnitureFittings 2023-12-31 03079207 d:FurnitureFittings 2022-12-31 03079207 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03079207 d:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 03079207 d:OtherPropertyPlantEquipment 2023-12-31 03079207 d:OtherPropertyPlantEquipment 2022-12-31 03079207 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03079207 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03079207 d:CurrentFinancialInstruments 2023-12-31 03079207 d:CurrentFinancialInstruments 2022-12-31 03079207 d:Non-currentFinancialInstruments 2023-12-31 03079207 d:Non-currentFinancialInstruments 2022-12-31 03079207 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03079207 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03079207 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 03079207 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 03079207 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 03079207 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 03079207 d:ShareCapital 2023-12-31 03079207 d:ShareCapital 2022-12-31 03079207 d:CapitalRedemptionReserve 2023-12-31 03079207 d:CapitalRedemptionReserve 2022-12-31 03079207 d:RetainedEarningsAccumulatedLosses 2023-12-31 03079207 d:RetainedEarningsAccumulatedLosses 2022-12-31 03079207 c:OrdinaryShareClass2 2023-01-01 2023-12-31 03079207 c:OrdinaryShareClass2 2023-12-31 03079207 c:OrdinaryShareClass2 2022-12-31 03079207 c:OrdinaryShareClass3 2023-01-01 2023-12-31 03079207 c:OrdinaryShareClass3 2023-12-31 03079207 c:OrdinaryShareClass3 2022-12-31 03079207 c:OrdinaryShareClass4 2023-01-01 2023-12-31 03079207 c:OrdinaryShareClass4 2023-12-31 03079207 c:OrdinaryShareClass4 2022-12-31 03079207 c:OrdinaryShareClass5 2023-01-01 2023-12-31 03079207 c:OrdinaryShareClass5 2023-12-31 03079207 c:FRS102 2023-01-01 2023-12-31 03079207 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03079207 c:FullAccounts 2023-01-01 2023-12-31 03079207 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03079207 d:WithinOneYear 2023-12-31 03079207 d:WithinOneYear 2022-12-31 03079207 d:BetweenOneFiveYears 2023-12-31 03079207 d:BetweenOneFiveYears 2022-12-31 03079207 2 2023-01-01 2023-12-31 03079207 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 03079207 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 03079207 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03079207










UNIQUE OFFICE SOLUTIONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
UNIQUE OFFICE SOLUTIONS LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF UNIQUE OFFICE SOLUTIONS LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Unique Office Solutions Limited for the year ended 31 December 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Unique Office Solutions Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Unique Office Solutions Limited and state those matters that we have agreed to state to the director of Unique Office Solutions Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Unique Office Solutions Limited and its director for our work or for this report. 

It is your duty to ensure that Unique Office Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Unique Office Solutions Limited. You consider that Unique Office Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Unique Office Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MWS
 
Kingsridge House
601 London Road
Westcliff on Sea
Essex
SS0 9PE
21 March 2024
Page 1

 
UNIQUE OFFICE SOLUTIONS LIMITED
REGISTERED NUMBER: 03079207

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
40,566
47,674

  
40,566
47,674

Current assets
  

Stocks
  
159,725
138,297

Debtors: amounts falling due within one year
 5 
467,187
2,083,368

Cash at bank and in hand
 6 
1,138,568
990,312

  
1,765,480
3,211,977

Creditors: amounts falling due within one year
 7 
(1,521,292)
(1,922,872)

Net current assets
  
 
 
244,188
 
 
1,289,105

Total assets less current liabilities
  
284,754
1,336,779

Creditors: amounts falling due after more than one year
 8 
(108,000)
(156,000)

Provisions for liabilities
  

Deferred tax
 10 
(12,013)
(9,057)

  
 
 
(12,013)
 
 
(9,057)

Net assets
  
164,741
1,171,722


Capital and reserves
  

Called up share capital 
  
286,868
286,868

Capital redemption reserve
  
6,003
6,003

Profit and loss account
  
(128,130)
878,851

  
164,741
1,171,722

Page 2

 
UNIQUE OFFICE SOLUTIONS LIMITED
REGISTERED NUMBER: 03079207

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 March 2024.




M.G. Bullman
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
UNIQUE OFFICE SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Unique Office Solutions Limited is a limited company incorporated in England and Wales. The Registered Office is 601 London Road, Westcliff on Sea, Essex, SS0 9PE. The registered number is 03079207.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured on work completed during the year. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Payments received on account relates to sales invoices rendered less purchase invoices incurred in advance of completion of the work.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line basis and on a reducing balance basis as detailed below..

Depreciation is provided on the following basis:

Motor vehicles
-
25% reducing balance
Fixtures, fittings and equipment
-
15% reducing balance / 25% straight line
Website
-
Straight line over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value. Cost is based on the cost of purchase on a first in, first out basis

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

 
UNIQUE OFFICE SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from banks and other third parties.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.10

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.11

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.13

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 5

 
UNIQUE OFFICE SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.15

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 19 (2022 - 19).

Page 6

 
UNIQUE OFFICE SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Motor vehicles
Fixtures, fittings and equipment
Website
Total

£
£
£
£



Cost 


At 1 January 2023
67,300
257,655
21,748
346,703


Additions
-
5,435
-
5,435



At 31 December 2023

67,300
263,090
21,748
352,138



Depreciation


At 1 January 2023
31,303
245,979
21,748
299,030


Charge for the year on owned assets
9,000
3,542
-
12,542



At 31 December 2023

40,303
249,521
21,748
311,572



Net book value



At 31 December 2023
26,997
13,569
-
40,566



At 31 December 2022
35,998
11,676
-
47,674


5.


Debtors

2023
2022
£
£


Trade debtors
356,238
2,023,104

Prepayments and accrued income
110,949
60,264

467,187
2,083,368



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,138,568
990,312

1,138,568
990,312


Page 7

 
UNIQUE OFFICE SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
48,000
48,000

Payments received on account
141,740
21,175

Trade creditors
1,176,302
1,404,911

Corporation tax
80,945
95,695

Other taxation and social security
74,305
353,091

1,521,292
1,922,872



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
108,000
156,000

108,000
156,000



9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
48,000
48,000


48,000
48,000


Amounts falling due 2-5 years

Bank loans
108,000
156,000


108,000
156,000


156,000
204,000



10.


Deferred taxation

Page 8

 
UNIQUE OFFICE SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
 
10.Deferred taxation (continued)




2023


£






At beginning of year
9,057


Charged to profit or loss
2,956



At end of year
12,013

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
12,014
9,057

12,014
9,057


11.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



141,511 (2022 - 283,022) A Ordinary shares of £1.00 each
141,511
283,022
3,760 (2022 - 3,760) B Ordinary shares of £1.00 each
3,760
3,760
8,635 (2022 - 8,635) C Ordinary shares of £0.01 each
86
86
141,511 (2022 - ) D Ordinary shares of £1.00 each
141,511
-

286,868

286,868


Page 9

 
UNIQUE OFFICE SOLUTIONS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


12.


Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. 


13.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
30,000
56,200

Later than 1 year and not later than 5 years
-
70,000

30,000
126,200


14.


Related party transactions

During the year dividends of £1,029,465 were paid to its 100% holding company Unique Office Solutions (Holdings) Limited.


15.


Controlling party

The company is a subsidiary of Unique Office Solutions (Holdings) Limited, a company incorporated in Wales.
Page 10