Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302023-07-01falseNo description of principal activity36truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12650403 2023-07-01 2024-06-30 12650403 2022-07-01 2023-06-30 12650403 2024-06-30 12650403 2023-06-30 12650403 c:Director1 2023-07-01 2024-06-30 12650403 d:PlantMachinery 2023-07-01 2024-06-30 12650403 d:PlantMachinery 2024-06-30 12650403 d:PlantMachinery 2023-06-30 12650403 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12650403 d:MotorVehicles 2023-07-01 2024-06-30 12650403 d:MotorVehicles 2024-06-30 12650403 d:MotorVehicles 2023-06-30 12650403 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12650403 d:OfficeEquipment 2023-07-01 2024-06-30 12650403 d:OfficeEquipment 2024-06-30 12650403 d:OfficeEquipment 2023-06-30 12650403 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12650403 d:ComputerEquipment 2023-07-01 2024-06-30 12650403 d:ComputerEquipment 2024-06-30 12650403 d:ComputerEquipment 2023-06-30 12650403 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12650403 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12650403 d:CurrentFinancialInstruments 2024-06-30 12650403 d:CurrentFinancialInstruments 2023-06-30 12650403 d:Non-currentFinancialInstruments 2024-06-30 12650403 d:Non-currentFinancialInstruments 2023-06-30 12650403 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12650403 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12650403 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 12650403 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 12650403 d:ShareCapital 2024-06-30 12650403 d:ShareCapital 2023-06-30 12650403 d:RetainedEarningsAccumulatedLosses 2024-06-30 12650403 d:RetainedEarningsAccumulatedLosses 2023-06-30 12650403 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 12650403 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 12650403 c:FRS102 2023-07-01 2024-06-30 12650403 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12650403 c:FullAccounts 2023-07-01 2024-06-30 12650403 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12650403 d:WithinOneYear 2024-06-30 12650403 d:WithinOneYear 2023-06-30 12650403 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 12650403










UNITY DEVELOPMENT GROUP LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
UNITY DEVELOPMENT GROUP LTD
REGISTERED NUMBER: 12650403

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
14,447
18,819

  
14,447
18,819

Current assets
  

Stocks
  
-
65,330

Debtors: amounts falling due within one year
 5 
151,216
118,736

Cash at bank and in hand
  
21,145
26,673

  
172,361
210,739

Creditors: amounts falling due within one year
 6 
(191,430)
(153,383)

Net current (liabilities)/assets
  
 
 
(19,069)
 
 
57,356

Total assets less current liabilities
  
(4,622)
76,175

Creditors: amounts falling due after more than one year
 7 
(10,833)
(33,579)

Provisions for liabilities
  

Deferred tax
 8 
-
(3,576)

  
 
 
-
 
 
(3,576)

Net (liabilities)/assets
  
(15,455)
39,020


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(15,456)
39,019

  
(15,455)
39,020


Page 1

 
UNITY DEVELOPMENT GROUP LTD
REGISTERED NUMBER: 12650403
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 March 2025.




E Massie
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
UNITY DEVELOPMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Unity Development Group Ltd is a company limited by shares, incorporated in England and Wales (registered number: 12650403). Its registered office is Hill Top House, Hill Top House, Sheffield, South Yorkshire, England, S11 7PX. The principal activity of the company continues to be that of the construction of domestic buildings.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

As at 30 June 2024 the Company had an excess of liabilities over its total assets amounting to
£15,455. The ability of the Company to meet its liabilities as they fall due is reliant
upon the future ability of the business to generate profit and cashflow from its trading activities.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
UNITY DEVELOPMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Office equipment
-
33%
Straight line
Computer equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
UNITY DEVELOPMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 6).

Page 5

 
UNITY DEVELOPMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 July 2023
1,971
25,000
246
4,878
32,095


Additions
-
-
155
1,126
1,281



At 30 June 2024

1,971
25,000
401
6,004
33,376



Depreciation


At 1 July 2023
882
8,985
14
3,395
13,276


Charge for the year on owned assets
272
4,004
121
1,256
5,653



At 30 June 2024

1,154
12,989
135
4,651
18,929



Net book value



At 30 June 2024
817
12,011
266
1,353
14,447



At 30 June 2023
1,089
16,015
232
1,483
18,819


5.


Debtors

2024
2023
£
£


Trade debtors
14,069
21,827

Other debtors
35,884
1,320

Prepayments and accrued income
101,263
95,589

151,216
118,736


Page 6

 
UNITY DEVELOPMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
48,329
69,931

Corporation tax
-
3,471

Other taxation and social security
71,927
51,509

Obligations under finance lease and hire purchase contracts
9,975
2,940

Other creditors
44,449
197

Accruals and deferred income
6,750
15,335

191,430
153,383


Included within creditors falling due within one year are secured liabilities of £9,975 (2023: £2,940).


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
10,833
20,833

Net obligations under finance leases and hire purchase contracts
-
12,746

10,833
33,579


Page 7

 
UNITY DEVELOPMENT GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Deferred taxation




2024


£






At beginning of year
(3,576)


Charged to profit or loss
3,576



At end of year
-

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
-
(3,576)

-
(3,576)


9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,731 (£476). Contributions totalling £384 (£52) were payable to the fund at the balance sheet date and are included in creditors.


10.


Commitments under operating leases

At 30 June 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
2,700
2,700

2,700
2,700

 
Page 8