1 June 2023 v2025.12.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP126105442023-06-012024-05-31126105442024-05-3112610544bus:Director12023-06-012024-05-3112610544bus:Director12024-05-3112610544bus:Director22023-06-012024-05-3112610544bus:Director22024-05-3112610544bus:RegisteredOffice2023-06-012024-05-31126105442022-06-012023-05-31126105442023-05-3112610544core:WithinOneYear2024-05-3112610544core:WithinOneYear2023-05-3112610544core:AfterOneYear2024-05-3112610544core:AfterOneYear2023-05-3112610544core:ShareCapital2024-05-3112610544core:ShareCapital2023-05-3112610544core:RetainedEarningsAccumulatedLosses2024-05-3112610544core:RetainedEarningsAccumulatedLosses2023-05-3112610544core:RetainedEarningsAccumulatedLosses2022-06-01126105442022-06-0112610544core:RetainedEarningsAccumulatedLosses2022-06-012023-05-3112610544core:ShareCapital2022-06-012023-05-3112610544core:ShareCapital2023-06-0112610544core:RetainedEarningsAccumulatedLosses2023-06-01126105442023-06-0112610544core:RetainedEarningsAccumulatedLosses2023-06-012024-05-311261054412023-06-012024-05-3112610544countries:EnglandWales2023-06-012024-05-3112610544bus:AuditExemptWithAccountantsReport2023-06-012024-05-3112610544bus:PrivateLimitedCompanyLtd2023-06-012024-05-3112610544bus:SmallEntities2023-06-012024-05-3112610544bus:FullAccounts2023-06-012024-05-31
Company registration number:
12610544
Unicorn Global Resources Ltd
Unaudited Financial Statements for the year ended
31 May 2024
KAYAJ&CO LTD
34 Padbury WayLancashire, Bolton, Greater Manchester, BL2 5DQ, United Kingdom
Unicorn Global Resources Ltd
Officers and Professional Advisers
Year ended
31 May 2024
Directors
Mrs H Bamidele
(appointed
23 August 2023
)
Mr M Bamidele
(resigned
23 August 2023
)
Registered office
Unit 7b. Halliwell Mill
Bertha Street
Bolton
Greater Manchester
BL1 8AH
England
Accountant
KAYAJ&CO LTD
34 Padbury WayLancashire
Bolton
Greater Manchester
BL2 5DQ
United Kingdom
Unicorn Global Resources Ltd
Directors' Report
Year ended
31 May 2024
The directors present their report and the unaudited
financial statements
of the company for the year ended 31 May 2024.

Directors

The directors who served the company during the year were as follows:
Mrs H Bamidele
(appointed
23 August 2023
)
Mr M Bamidele
(resigned
23 August 2023
)

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
19 February 2025
and signed on behalf of the board by:
Mrs H Bamidele
Director
Unicorn Global Resources Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Unicorn Global Resources Ltd
Year ended
31 May 2024
As described on the statement of financial position, the Board of Directors of
Unicorn Global Resources Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 May 2024
, which comprise the income statement, statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
KAYAJ&CO LTD
34 Padbury WayLancashire
Bolton
Greater Manchester
BL2 5DQ
United Kingdom
Date:
19 February 2025
Unicorn Global Resources Ltd
Income Statement
Year ended
31 May 2024
20242023
££
Turnover
100,836
 
83,250
 
Cost of sales
(63,564
) (57,693 )
Gross profit
37,272
 
25,557
 
Distribution costs
(1,954
)
(1,985
)
Administrative expenses
(36,196
)
(17,111
)
Operating (loss)/profit
(878
)
6,461
 
(Loss)/profit before tax
(878
)
6,461
 
Tax on (loss)/profit -  
(1,228
)
(Loss)/profit for the financial year
(878
)
5,233
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
Unicorn Global Resources Ltd
Statement of Financial Position
31 May 2024
20242023
Note££
Current assets    
Stocks
4,350
 
2,690
 
Cash at bank and in hand
8
 
(20
)
4,358
 
2,670
 
Creditors: amounts falling due within one year 5
(2,146
)
(5,234
)
Net current assets/(liabilities)
2,212
 
(2,564
)
Total assets less current liabilities 2,212   (2,564 )
Creditors: amounts falling due after more than one year 6
(45,349
)
(39,695
)
Net liabilities
(43,137
)
(42,259
)
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
(43,138
)
(42,260
)
Shareholders deficit
(43,137
)
(42,259
)
For the year ending
31 May 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
19 February 2025
, and are signed on behalf of the board by:
Mrs H Bamidele
Director
Company registration number:
12610544
Unicorn Global Resources Ltd
Statement of Changes in Equity
Year ended
31 May 2024
Called up share capitalProfit and loss accountTotal
£££
At 1 June 2022 -  
(42,493
)
(42,493
)
Profit for the year- 5,233 5,233 
Total comprehensive income for the year- 
5,233
 
5,233
 
Issue of shares
1
 - 
1
 
Dividends declared and paid or payable during the year- 
(5,000
)
(5,000
)
Total investments by and distributions to owners
1
 
(5,000
)
(4,999
)
At 31 May 2023 and 
1 June 2023
1
 
(42,260
)
(42,259
)
Loss for the year- (878)(878)
Total comprehensive income for the year- 
(878
)
(878
)
At
31 May 2024
1
 
(43,138
)
(43,137
)
Unicorn Global Resources Ltd
Notes to the Financial Statements
Year ended
31 May 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 7b. Halliwell Mill
,
Bertha Street
,
Bolton
,
Greater Manchester
,
BL1 8AH
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
2
).

5 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
1,296
 
4,384
 
Other creditors
850
 
850
 
2,146
 
5,234
 

6 Creditors: amounts falling due after more than one year

20242023
££
Other creditors
45,349
 
39,695