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Company Registration No. 14589726 (England and Wales)
Younique Development Ltd Unaudited accounts for the year ended 31 December 2024
Younique Development Ltd Unaudited accounts Contents
Page
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Younique Development Ltd Company Information for the year ended 31 December 2024
Director
Benjamin Sheath
Company Number
14589726 (England and Wales)
Registered Office
The Offices 57 Newtown Road Brighton BN3 7BA England
Accountants
Small Business Accountancy 18 Stoney Hill Rastrick Brighouse West Yorkshire HD6 3BP
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Younique Development Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
827 
325 
Current assets
Debtors
19,499 
6,389 
Cash at bank and in hand
23,223 
27,016 
42,722 
33,405 
Creditors: amounts falling due within one year
(28,983)
(25,500)
Net current assets
13,739 
7,905 
Total assets less current liabilities
14,566 
8,230 
Provisions for liabilities
Deferred tax
(186)
(68)
Net assets
14,380 
8,162 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
14,379 
8,161 
Shareholders' funds
14,380 
8,162 
For the year ending 31 December 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 24 February 2025 and were signed on its behalf by
Benjamin Sheath Director Company Registration No. 14589726
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Younique Development Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Younique Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 14589726. The registered office is The Offices, 57 Newtown Road, Brighton, BN3 7BA, England.
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:
Computer equipment
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
429 
Additions
777 
At 31 December 2024
1,206 
Depreciation
At 1 January 2024
104 
Charge for the year
275 
At 31 December 2024
379 
Net book value
At 31 December 2024
827 
At 31 December 2023
325 
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Younique Development Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
18,834 
4,530 
Accrued income and prepayments
665 
1,859 
19,499 
6,389 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,740 
5,948 
Taxes and social security
21,168 
14,779 
Loans from directors
397 
3,215 
Accruals
1,678 
1,558 
28,983 
25,500 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
186 
68 
2024 
2023 
£ 
£ 
Provision at start of year
68 
- 
Charged to the profit and loss account
118 
68 
Provision at end of year
186 
68 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Transactions with related parties
The company is in receipt of a loan amounting to £397.00 from a member of key management personnel. The loan is payable on demand and the rate of interest charged is 0%. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year. During the year, total dividends of £65,239 (2023: £45,200) were paid to the director.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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