Company Registration No. 09657577 (England and Wales)
Uniwheel Limited
Unaudited accounts
for the year ended 31 March 2024
Uniwheel Limited
Unaudited accounts
Contents
Uniwheel Limited
Company Information
for the year ended 31 March 2024
Company Number
09657577 (England and Wales)
Registered Office
ALDWORTH HOUSE
TENNYSONS LANE
HASLEMERE
SURREY
GU27 3BJ
UNITED KINGDOM
Accountants
Thames Hill Limited
38 Ratcliff Road
London
E7 8DD
Uniwheel Limited
Statement of financial position
as at 31 March 2024
Intangible assets
76,195
69,686
Tangible assets
28,292
28,292
Inventories
236,045
236,045
Cash at bank and in hand
(6,339)
5
Creditors: amounts falling due within one year
(715)
(25,456)
Net current assets
562,543
505,275
Total assets less current liabilities
667,030
603,253
Creditors: amounts falling due after more than one year
(2,710,417)
(2,589,298)
Net liabilities
(2,043,387)
(1,986,045)
Called up share capital
10
10
Profit and loss account
(2,043,397)
(1,986,055)
Shareholders' funds
(2,043,387)
(1,986,045)
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 26 December 2024 and were signed on its behalf by
Inam Bhatti
Director
Company Registration No. 09657577
Uniwheel Limited
Notes to the Accounts
for the year ended 31 March 2024
Uniwheel Limited is a private company, limited by shares, registered in England and Wales, registration number 09657577. The registered office is ALDWORTH HOUSE, TENNYSONS LANE, HASLEMERE, SURREY, GU27 3BJ, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation at 3% on cost.
These financial statements have been prepared on the going concern basis. The directors have reviewed the state of the business and discussed this with the shareholder. It has been confirmed that support will remain in place
from the shareholder and he will not recall his loan for at least 12 months after the signing of these financial statements. It is therefore the directors opinion that the business remains a going concern
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
Uniwheel Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Amounts due from group undertakings etc.
321,979
-
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
283,021
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(79)
5,661
Other creditors
(181)
18,031
Uniwheel Limited
Notes to the Accounts
for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
2,710,417
2,589,298
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).