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REGISTERED NUMBER: 02427722 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

COMBINEUNIT LIMITED

COMBINEUNIT LIMITED (REGISTERED NUMBER: 02427722)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COMBINEUNIT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTOR: T Padovan





SECRETARY: Mrs W M Padovan





REGISTERED OFFICE: 36-40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL





REGISTERED NUMBER: 02427722 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

COMBINEUNIT LIMITED (REGISTERED NUMBER: 02427722)

BALANCE SHEET
30TH NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 360,000 350,000
360,000 350,000

CURRENT ASSETS
Cash at bank 4,830 5,259

CREDITORS
Amounts falling due within one year 6 24,569 23,666
NET CURRENT LIABILITIES (19,739 ) (18,407 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

340,261

331,593

PROVISIONS FOR LIABILITIES 7 5,184 3,021
NET ASSETS 335,077 328,572

CAPITAL AND RESERVES
Called up share capital 8 2 2
Fair value reserve 9 193,101 185,264
Retained earnings 141,974 143,306
SHAREHOLDERS' FUNDS 335,077 328,572

COMBINEUNIT LIMITED (REGISTERED NUMBER: 02427722)

BALANCE SHEET - continued
30TH NOVEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th January 2025 and were signed by:





T Padovan - Director


COMBINEUNIT LIMITED (REGISTERED NUMBER: 02427722)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

Combineunit 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

COMBINEUNIT LIMITED (REGISTERED NUMBER: 02427722)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st December 2023
and 30th November 2024 524
DEPRECIATION
At 1st December 2023
and 30th November 2024 524
NET BOOK VALUE
At 30th November 2024 -
At 30th November 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st December 2023 350,000
Revaluations 10,000
At 30th November 2024 360,000
NET BOOK VALUE
At 30th November 2024 360,000
At 30th November 2023 350,000

Fair value at 30th November 2024 is represented by:
£   
Valuation in 2021 100,000
Valuation in 2024 10,000
Cost 250,000
360,000

Investment property was valued on an open market basis on 30th November 2024 by the director. .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 3,535 2,837
Directors' current accounts 19,474 19,209
Accrued expenses 1,560 1,620
24,569 23,666

COMBINEUNIT LIMITED (REGISTERED NUMBER: 02427722)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 5,184 3,021

Deferred
tax
£   
Balance at 1st December 2023 3,021
Provided during year 2,163
Balance at 30th November 2024 5,184

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Fair
value
reserve
£   
At 1st December 2023 185,264
Transfer between reserves 10,000
Deferred tax tfr in reserves (2,163 )

At 30th November 2024 193,101