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REGISTERED NUMBER: 14317653 (England and Wales)










FINANCIAL STATEMENTS

FOR THE PERIOD

25 AUGUST 2022 TO 31 DECEMBER 2023

FOR

UNISON UK OPCO LIMITED

UNISON UK OPCO LIMITED (REGISTERED NUMBER: 14317653)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 AUGUST 2022 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


UNISON UK OPCO LIMITED

COMPANY INFORMATION
FOR THE PERIOD 25 AUGUST 2022 TO 31 DECEMBER 2023







Directors: C C Garzoli
S Shin





Registered office: Suite 2 First Floor
10 Temple Back
Bristol
BS1 6FL





Registered number: 14317653 (England and Wales)





Auditors: WD Audit Limited (Statutory Auditor)
5th Floor
111 Charterhouse Street
London
EC1M 6AW

UNISON UK OPCO LIMITED (REGISTERED NUMBER: 14317653)

BALANCE SHEET
31 DECEMBER 2023

Notes £   
CURRENT ASSETS
Debtors 4 278,039
Cash at bank 17,689
295,728
CREDITORS
Amounts falling due within one year 5 (282,512 )
NET CURRENT ASSETS 13,216
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,216

CAPITAL AND RESERVES
Called up share capital 6 100
Retained earnings 13,116
SHAREHOLDERS' FUNDS 13,216

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 1 October 2024 and were signed on its behalf by:





C C Garzoli - Director


UNISON UK OPCO LIMITED (REGISTERED NUMBER: 14317653)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 AUGUST 2022 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

Unison UK Opco 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.

The Company's functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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 represents amounts charged to the Company's parent under a sales and marketing agreement, excluding value added tax.

Turnover is recognised when chargeable costs are incurred.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities
Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Taxation
Taxation for the period 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 period 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.

UNISON UK OPCO LIMITED (REGISTERED NUMBER: 14317653)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 AUGUST 2022 TO 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 276,934
Other debtors 1,078
Deferred tax asset 27
278,039

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 248,481
Tax 3,675
Social security and other taxes 2,821
Accrued expenses 27,535
282,512

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Roy Davis (Senior Statutory Auditor)
for and on behalf of WD Audit Limited (Statutory Auditor)

8. RELATED PARTY DISCLOSURES

At the year end, £276,934 was owed by the Unison US Parent, LLC to the Company.

At the year end, £248,481 was owed to the Unison International Opco, LLC by the Company.

Amount owed by/to group undertakings are interest free, unsecured and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The immediate parent undertaking of the company is Unison International Opco, LLC a company incorporated in United States of America.

The ultimate parent company is DKS Corp LLC, a company incorporated in United States of America. The registered office is based at 251 Little Falls Drive, Wilmington, DE 19808, United States of America.