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Company Registration No. 08023548 (England and Wales)
UNL SOLUTIONS LTD Unaudited accounts for the year ended 30 April 2024
UNL SOLUTIONS LTD Unaudited accounts Contents
Page
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UNL SOLUTIONS LTD Company Information for the year ended 30 April 2024
Director
Siarhei Hudas
Company Number
08023548 (England and Wales)
Registered Office
60 HINCKLEY ROAD LEICESTER LE3 0RB
Accountants
eFinance Corp Ltd 254 Hinckley Road Western Park Leicester Leicestershire LE3 0TL
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UNL SOLUTIONS LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,094 
46,727 
Investments
10,680 
11,308 
48,774 
58,035 
Current assets
Debtors
218,414 
91,637 
Cash at bank and in hand
235,628 
200,692 
454,042 
292,329 
Creditors: amounts falling due within one year
(56,330)
(44,177)
Net current assets
397,712 
248,152 
Total assets less current liabilities
446,486 
306,187 
Creditors: amounts falling due after more than one year
(160,000)
(39,000)
Provisions for liabilities
Deferred tax
(5,985)
(7,980)
Net assets
280,501 
259,207 
Capital and reserves
Called up share capital
2,000 
2,000 
Profit and loss account
278,501 
257,207 
Shareholders' funds
280,501 
259,207 
For the year ending 30 April 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 22 January 2025 and were signed on its behalf by
Siarhei Hudas Director Company Registration No. 08023548
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UNL SOLUTIONS LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
UNL SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 08023548. The registered office is 60 HINCKLEY ROAD, LEICESTER, LE3 0RB.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
20% Straight Line Method
Computer equipment
25% Reducing Balance Method
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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UNL SOLUTIONS LTD Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
52,500 
16,855 
69,355 
Additions
- 
4,781 
4,781 
At 30 April 2024
52,500 
21,636 
74,136 
Depreciation
At 1 May 2023
10,500 
12,128 
22,628 
Charge for the year
10,500 
2,914 
13,414 
At 30 April 2024
21,000 
15,042 
36,042 
Net book value
At 30 April 2024
31,500 
6,594 
38,094 
At 30 April 2023
42,000 
4,727 
46,727 
5
Investments
Other investments 
£ 
Valuation at 1 May 2023
11,308 
Fair value adjustments
(628)
Valuation at 30 April 2024
10,680 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
68,123 
Other debtors
218,414 
23,514 
218,414 
91,637 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
18,000 
18,000 
VAT
33,973 
- 
Taxes and social security
1,646 
23,208 
Other creditors
311 
839 
Accruals
2,400 
2,130 
56,330 
44,177 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,000 
39,000 
Other creditors
150,000 
- 
160,000 
39,000 
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UNL SOLUTIONS LTD Notes to the Accounts for the year ended 30 April 2024
9
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
5,985 
7,980 
2024 
2023 
£ 
£ 
Provision at start of year
7,980 
7,980 
Credited to the profit and loss account
(1,995)
- 
Provision at end of year
5,985 
7,980 
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000 
2,000 
11
Transactions with related parties
Included on Other Debtors there is an amount of £3,725 (PY: £3,725) from Yourdevteam Ltd and £195,000 (PY: £Nil) from Grow Stock Ltd. a companies in which Siarhei Hudas have a controlling interest. All transactions involved have been conducted at arms length basis.
12
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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