1 July 2023 v2025.18.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP058370282023-07-012024-06-30058370282024-06-30058370282023-06-3005837028core:WithinOneYear2024-06-3005837028core:WithinOneYear2023-06-3005837028core:AfterOneYear2024-06-3005837028core:AfterOneYear2023-06-3005837028core:ShareCapital2024-06-3005837028core:ShareCapital2023-06-3005837028core:RetainedEarningsAccumulatedLosses2024-06-3005837028core:RetainedEarningsAccumulatedLosses2023-06-3005837028bus:Director12023-07-012024-06-3005837028bus:RegisteredOffice2023-07-012024-06-3005837028core:PlantMachinery2023-07-012024-06-30058370282022-07-012023-06-3005837028core:PlantMachinery2023-07-0105837028core:PlantMachinery2024-06-3005837028core:PlantMachinery2023-06-3005837028core:CostValuation2023-07-0105837028core:DisposalsRepaymentsInvestments2024-06-3005837028core:CostValuation2024-06-300583702812023-07-012024-06-3005837028countries:EnglandWales2023-07-012024-06-3005837028bus:AuditExemptWithAccountantsReport2023-07-012024-06-3005837028bus:PrivateLimitedCompanyLtd2023-07-012024-06-3005837028bus:SmallEntities2023-07-012024-06-3005837028bus:FullAccounts2023-07-012024-06-30
Company registration number:
05837028
Unicook Ltd
Unaudited Filleted Financial Statements for the year ended
30 June 2024
VINCENT BLACKWELL & CO
Certified Accountant
66 HIGH STREET, HORSELL, WOKING, GU21 4SZ, United Kingdom
Unicook Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Unicook Ltd
Year ended
30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Unicook Ltd
for the year ended
30 June 2024
which comprise the statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
Unicook Ltd
, as a body, in accordance with the terms of my engagement letter dated 6 November 2018. My work has been undertaken solely to prepare for your approval the
financial statements
of
Unicook Ltd
and state those matters that I have agreed to state to the Board of Directors of
Unicook Ltd
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Unicook Ltd
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Unicook Ltd
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and loss of
Unicook Ltd
. You consider that
Unicook Ltd
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Unicook Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
VINCENT BLACKWELL & CO
Certified Accountant
66 HIGH STREET
HORSELL
WOKING
GU21 4SZ
United Kingdom
Date:
22 March 2025
Unicook Ltd
Statement of Financial Position
30 June 2024
20242023
Note££
Fixed assets    
Tangible assets 5
4,432
 
5,255
 
Investments 6
70,486
 
120,718
 
74,918
 
125,973
 
Current assets    
Stocks
76,000
 
138,513
 
Debtors 7
29,336
 
173,462
 
Cash at bank and in hand
102,119
 
51,317
 
207,455
 
363,292
 
Creditors: amounts falling due within one year 8
(249,862
)
(414,601
)
Net current liabilities
(42,407
)
(51,309
)
Total assets less current liabilities 32,511   74,664  
Creditors: amounts falling due after more than one year 9
(10,946
)
(20,919
)
Provisions for liabilities
(1,118
)
(1,060
)
Net assets
20,447
 
52,685
 
Capital and reserves    
Called up share capital
204
 
204
 
Profit and loss account
20,243
 
52,481
 
Shareholders funds
20,447
 
52,685
 
For the year ending
30 June 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 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.
These
financial statements
were approved by the board of directors and authorised for issue on
22 March 2025
, and are signed on behalf of the board by:
P Holland
Director
Company registration number:
05837028
Unicook Ltd
Notes to the Financial Statements
Year ended
30 June 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
66 High Street
,
Horsell
,
Woking
,
Surrey
,
GU21 4SZ
, .

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Included in turnover this year is the receipt of government grants of £16091 for furloughed employees.

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.

Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when It is technically feasible to complete the intangible asset so that it will be available for use or sale; there is the intention to complete the intangible asset and use or sell it; there is the ability to use or sell the intangible asset; the use or sale of the intangible asset will generate probable future economic benefits; there are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and the expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
25% reducing balance basis

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

4 Average number of employees

The average number of persons employed by the company during the year was
3
(2023:
3.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 July 2023
17,909
 
Additions
655
 
At
30 June 2024
18,564
 
Depreciation  
At
1 July 2023
12,654
 
Charge
1,478
 
At
30 June 2024
14,132
 
Carrying amount  
At
30 June 2024
4,432
 
At 30 June 2023
5,255
 

6 Investments

Shares in group undertakings and participating interestsLoans to group undertakings and participating interestsTotal
£££
Cost      
At
1 July 2023
92
 
120,626
 
120,718
 
Disposals -  
(50,232
)
(50,232
)
At
30 June 2024
92
 
70,394
 
70,486
 
Impairment      
At
1 July 2023
and
30 June 2024
-   -   -  
Carrying amount      
At
30 June 2024
92
 
70,394
 
70,486
 
At 30 June 2023
92
 
120,626
 
120,718
 

7 Debtors

20242023
££
Trade debtors
18,947
 
165,018
 
Other debtors
10,389
 
8,444
 
29,336
 
173,462
 

8 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
10,648
 
10,648
 
Trade creditors
9,679
 
80,790
 
Taxation and social security
27,626
 
65,025
 
Other creditors
201,909
 
258,138
 
249,862
 
414,601
 

9 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
10,946
 
20,919