Company registration number:
05519007
Uniacre Limited
Unaudited filleted financial statements
31 July 2024
Uniacre Limited
Contents
Directors and other information
Accountants report
Balance sheet
Notes to the financial statements
Uniacre Limited
Directors and other information
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Directors |
Mr M N L Morgan |
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Mr P A Williams |
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Mr G W Phillips |
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Mr K Cotter |
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Secretary |
G W Phillips |
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Company number |
05519007 |
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Registered office |
2 Tolherst Court |
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Turkey Mill Business Park |
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Maidstone |
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Kent |
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ME14 5SF |
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Accountants |
Couch Bright King & Co |
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2 Tolherst Court |
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Turkey Mill Business Park |
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Maidstone |
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Kent |
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ME14 5SF |
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Uniacre Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Uniacre Limited
Year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Uniacre Limited for the year ended 31 July 2024 which comprise the Balance Sheet and 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 http://www.icaew.com /en/members/regulations-standards-and-guidance/.
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
Couch Bright King & Co
Chartered Accountants
2 Tolherst Court
Turkey Mill Business Park
Maidstone
Kent
ME14 5SF
9 September 2024
Uniacre Limited
Balance sheet
31 July 2024
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2024 |
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2023 |
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Note |
£ |
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£ |
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£ |
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£ |
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Current assets |
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Cash at bank and in hand |
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174 |
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842 |
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_______ |
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_______ |
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174 |
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842 |
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Creditors: amounts falling due |
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within one year |
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6 |
(
18,917) |
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(
26,117) |
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_______ |
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_______ |
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Net current liabilities |
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(
18,743) |
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(
25,275) |
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_______ |
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_______ |
Total assets less current liabilities |
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(
18,743) |
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(
25,275) |
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_______ |
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_______ |
Net liabilities |
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(
18,743) |
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(
25,275) |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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1,000 |
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1,000 |
Profit and loss account |
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(
19,743) |
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(
26,275) |
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_______ |
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_______ |
Shareholders deficit |
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(
18,743) |
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(
25,275) |
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_______ |
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_______ |
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For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
09 September 2024
, and are signed on behalf of the board by:
Mr P A Williams
Director
Company registration number:
05519007
Uniacre Limited
Notes to the financial statements
Year ended 31 July 2024
1.
General information
The company is a private company limited by shares, registered in England & Wales in the UK. The address of the registered office is 2 Tolherst Court, Turkey Mill Business Park, Maidstone, Kent, ME14 5SF.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in
profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2023: Nil).
The directors are the only employees.
5.
Investments
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Other investments other than loans |
Total |
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£ |
£ |
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Cost |
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At 1 August 2023 |
29,680 |
29,680 |
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Other movements |
(
6,536) |
(
6,536) |
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_______ |
_______ |
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At 31 July 2024 |
23,144 |
23,144 |
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_______ |
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Impairment |
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At 1 August 2023 |
29,680 |
29,680 |
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Other movements |
(
6,536) |
(
6,536) |
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_______ |
_______ |
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At 31 July 2024 |
23,144 |
23,144 |
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_______ |
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Carrying amount |
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At 31 July 2024 |
- |
- |
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_______ |
_______ |
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At 31 July 2023 |
- |
- |
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_______ |
_______ |
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6.
Creditors: amounts falling due within one year
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2024 |
2023 |
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£ |
£ |
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Other creditors |
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18,917 |
26,117 |
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_______ |
_______ |
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7.
Controlling party
There is no one controlling party. The company is under the control of the directors. No shareholding exceeds 25% of the voting rights.