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Company Registration No. 10191150 (England and Wales)
Undone Ltd Unaudited accounts for the year ended 31 March 2024
Undone Ltd Unaudited accounts Contents
Page
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Undone Ltd Company Information for the year ended 31 March 2024
Director
Mr Chavdar Todorov
Company Number
10191150 (England and Wales)
Registered Office
2d Eve Road London N17 6YD
Accountants
Emeralds BS Ltd Diamond House 179-181 Lower Richmond Road Richmond London TW9 4LN
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Undone Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,809 
8,553 
Current assets
Inventories
3,087 
1,923 
Debtors
10,261 
5,348 
Cash at bank and in hand
213,764 
171,450 
227,112 
178,721 
Creditors: amounts falling due within one year
(113,913)
(93,275)
Net current assets
113,199 
85,446 
Total assets less current liabilities
125,008 
93,999 
Creditors: amounts falling due after more than one year
(3,875)
(5,250)
Net assets
121,133 
88,749 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
121,132 
88,748 
Shareholders' funds
121,133 
88,749 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 October 2024 and were signed on its behalf by
Mr Chavdar Todorov Director Company Registration No. 10191150
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Undone Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Undone Ltd is a private company, limited by shares, registered in England and Wales, registration number 10191150. The registered office is 2d Eve Road, London, N17 6YD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Motor vehicles
25% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
8,736 
2,297 
11,033 
Additions
5,786 
598 
6,384 
At 31 March 2024
14,522 
2,895 
17,417 
Depreciation
At 1 April 2023
1,686 
794 
2,480 
Charge for the year
2,610 
518 
3,128 
At 31 March 2024
4,296 
1,312 
5,608 
Net book value
At 31 March 2024
10,226 
1,583 
11,809 
At 31 March 2023
7,050 
1,503 
8,553 
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Undone Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,078 
4,915 
Other debtors
4,183 
433 
10,261 
5,348 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,766 
5,871 
VAT
27,164 
21,871 
Trade creditors
40,885 
10,557 
Taxes and social security
27,994 
19,207 
Other creditors
16,104 
35,769 
113,913 
93,275 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,875 
5,250 
8
Pension commitments
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 prof and loss when the fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. Te assets of the plan are held separately from the Company in independently administered funds.
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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