IRIS Accounts Production v24.3.2.46 09065090 director 1.7.23 30.6.24 30.6.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090650902023-06-30090650902024-06-30090650902023-07-012024-06-30090650902022-06-30090650902022-07-012023-06-30090650902023-06-3009065090ns15:EnglandWales2023-07-012024-06-3009065090ns14:PoundSterling2023-07-012024-06-3009065090ns10:Director12023-07-012024-06-3009065090ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3009065090ns10:SmallEntities2023-07-012024-06-3009065090ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3009065090ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3009065090ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009065090ns10:FullAccounts2023-07-012024-06-300906509012023-07-012024-06-3009065090ns10:OrdinaryShareClass12023-07-012024-06-3009065090ns10:RegisteredOffice2023-07-012024-06-3009065090ns5:CurrentFinancialInstruments2024-06-3009065090ns5:CurrentFinancialInstruments2023-06-3009065090ns5:Non-currentFinancialInstruments2024-06-3009065090ns5:Non-currentFinancialInstruments2023-06-3009065090ns5:ShareCapital2024-06-3009065090ns5:ShareCapital2023-06-3009065090ns5:RetainedEarningsAccumulatedLosses2024-06-3009065090ns5:RetainedEarningsAccumulatedLosses2023-06-3009065090ns5:NetGoodwill2023-07-012024-06-3009065090ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3009065090ns5:NetGoodwill2023-06-3009065090ns5:NetGoodwill2024-06-3009065090ns5:NetGoodwill2023-06-3009065090ns5:LandBuildingsns5:ShortLeaseholdAssets2023-06-3009065090ns5:PlantMachinery2023-06-3009065090ns5:FurnitureFittings2023-06-3009065090ns5:LandBuildingsns5:ShortLeaseholdAssets2023-07-012024-06-3009065090ns5:PlantMachinery2023-07-012024-06-3009065090ns5:FurnitureFittings2023-07-012024-06-3009065090ns5:LandBuildingsns5:ShortLeaseholdAssets2024-06-3009065090ns5:PlantMachinery2024-06-3009065090ns5:FurnitureFittings2024-06-3009065090ns5:LandBuildingsns5:ShortLeaseholdAssets2023-06-3009065090ns5:PlantMachinery2023-06-3009065090ns5:FurnitureFittings2023-06-3009065090ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3009065090ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3009065090ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-06-3009065090ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-06-3009065090ns10:OrdinaryShareClass12024-06-3009065090ns5:RetainedEarningsAccumulatedLosses2023-06-3009065090ns5:RetainedEarningsAccumulatedLosses2023-07-012024-06-30
REGISTERED NUMBER: 09065090 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Unger & Fagan (Marylebone) Ltd

Unger & Fagan (Marylebone) Ltd (Registered number: 09065090)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Unger & Fagan (Marylebone) Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Ms L Amadi





REGISTERED OFFICE: 4 George Street
Marylebone
London
W1U 3QU





REGISTERED NUMBER: 09065090 (England and Wales)





ACCOUNTANTS: Emmerson Accountancy Ltd
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ

Unger & Fagan (Marylebone) Ltd (Registered number: 09065090)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 64,937 73,194
64,937 73,194

CURRENT ASSETS
Stocks 104,145 96,288
Debtors 6 41,421 25,536
Cash at bank 13,607 1,879
159,173 123,703
CREDITORS
Amounts falling due within one year 7 147,671 149,271
NET CURRENT ASSETS/(LIABILITIES) 11,502 (25,568 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,439

47,626

CREDITORS
Amounts falling due after more than one year 8 138,414 163,155
NET LIABILITIES (61,975 ) (115,529 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 (62,075 ) (115,629 )
SHAREHOLDERS' FUNDS (61,975 ) (115,529 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Unger & Fagan (Marylebone) Ltd (Registered number: 09065090)

Balance Sheet - continued
30 June 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2025 and were signed by:





Ms L Amadi - Director


Unger & Fagan (Marylebone) Ltd (Registered number: 09065090)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Unger & Fagan (Marylebone) Ltd 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Unger & Fagan (Marylebone) Ltd (Registered number: 09065090)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 116,508
AMORTISATION
At 1 July 2023
and 30 June 2024 116,508
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold Equipment fittings Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 40,167 67,673 20,160 128,000
DEPRECIATION
At 1 July 2023 - 37,533 17,273 54,806
Charge for year - 7,535 722 8,257
At 30 June 2024 - 45,068 17,995 63,063
NET BOOK VALUE
At 30 June 2024 40,167 22,605 2,165 64,937
At 30 June 2023 40,167 30,140 2,887 73,194

Unger & Fagan (Marylebone) Ltd (Registered number: 09065090)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 39,921 23,363
Other debtors 1,500 1,500
VAT - 673
41,421 25,536

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 50,490 23,403
Social security and other taxes 1,414 1,076
VAT 187 -
Other creditors 234 201
Directors' current accounts 94,506 123,751
Accrued expenses 840 840
147,671 149,271

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other loans - 2-5 years 112,629 129,655
Hire purchase contracts 25,785 33,500
138,414 163,155

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 July 2023 (115,629 )
Profit for the year 53,554
At 30 June 2024 (62,075 )