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Registered number: 00906851
Unigraph Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Statement of Financial Position 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—7
Page 1
Statement of Financial Position
Registered number: 00906851
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 71,669 82,286
Investments 5 100 100
71,769 82,386
CURRENT ASSETS
Stocks 6 16,058 147,503
Debtors 7 603,076 405,963
Cash at bank and in hand 791,376 646,198
1,410,510 1,199,664
Creditors: Amounts Falling Due Within One Year 8 (740,221 ) (596,206 )
NET CURRENT ASSETS (LIABILITIES) 670,289 603,458
TOTAL ASSETS LESS CURRENT LIABILITIES 742,058 685,844
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (17,041 ) (15,604 )
NET ASSETS 725,017 670,240
CAPITAL AND RESERVES
Called up share capital 10 20,000 20,000
Income Statement 705,017 650,240
SHAREHOLDERS' FUNDS 725,017 670,240
Page 1
Page 2
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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mrs A Miller
Director
28 May 2025
The notes on pages 4 to 7 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Income Statement Total
£ £ £
As at 1 June 2022 20,000 591,051 611,051
Profit for the year and total comprehensive income - 59,189 59,189
As at 31 May 2023 and 1 June 2023 20,000 650,240 670,240
Profit for the year and total comprehensive income - 84,777 84,777
Dividends paid - (30,000) (30,000)
As at 31 May 2024 20,000 705,017 725,017
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Unigraph Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00906851 . The registered office is 64 - 66, Old Street, London, EV1V 9AN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 
The financial statements are prepared in sterling which is the functional currency  of the entity.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33.33% straight line
Fixtures & Fittings 15.00% reducing balance
2.4. Leasing and Hire Purchase Contracts
Operating 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.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was 9 (2023: 10)
9 10
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2023 81,065 106,158 187,223
Additions - 3,021 3,021
Disposals (3,690 ) (28,512 ) (32,202 )
As at 31 May 2024 77,375 80,667 158,042
Depreciation
As at 1 June 2023 72,081 32,856 104,937
Provided during the period 1,754 9,562 11,316
Disposals (1,368 ) (28,512 ) (29,880 )
As at 31 May 2024 72,467 13,906 86,373
...CONTINUED
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Page 6
Net Book Value
As at 31 May 2024 4,908 66,761 71,669
As at 1 June 2023 8,984 73,302 82,286
5. Investments
Subsidiaries
£
Cost
As at 1 June 2023 100
As at 31 May 2024 100
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 100
As at 1 June 2023 100
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
6. Stocks
2024 2023
£ £
Work in progress 16,058 147,503
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 548,362 334,496
Prepayments and accrued income 54,714 68,048
PAYE recoverable - 3,419
603,076 405,963
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 183,656 223,025
Bank loans and overdrafts - 13,138
Corporation tax 30,656 12,109
VAT 57,287 27,688
Other creditors 107,307 93,612
PAYE Payable 62,913 -
Accruals and deferred income 298,402 226,634
740,221 596,206
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 17,041 15,604
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20,000 20,000
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Later than one year and not later than five years 108,044 109,367
108,044 109,367
12. Related Party Transactions
During the year the company paid rent of £108,044 (2023 - £109,367) to JRM Pension Scheme of which Mrs A Miller and Ms C Miller are trustees and beneficiaries.
Dividend paid to the director, Mrs A Miller, in her capacity as the shareholder was £30,000 (2023 - £Nil).
13. Ultimate Controlling Party
The company's ultimate controlling party is Mrs A Millier by virtue of her ownership of 100% of the issued share capital in the company.
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