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Registered number: 03469514
Unimasters (UK) Ltd.
Financial Statements
For The Year Ended 31 December 2024
Westminster Accountancy Limited
9 Chapel Place
Rivington Street
London
England
EC2A 3DQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03469514
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 308,109 308,109
308,109 308,109
CURRENT ASSETS
Debtors 5 1,584 1,369
Cash at bank and in hand 54,554 77,892
56,138 79,261
Creditors: Amounts Falling Due Within One Year 7 (110,456 ) (112,014 )
NET CURRENT ASSETS (LIABILITIES) (54,318 ) (32,753 )
TOTAL ASSETS LESS CURRENT LIABILITIES 253,791 275,356
Creditors: Amounts Falling Due After More Than One Year 8 (141,923 ) (168,961 )
NET ASSETS 111,868 106,395
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 111,866 106,393
SHAREHOLDERS' FUNDS 111,868 106,395
Page 1
Page 2
For the year ending 31 December 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 Profit and Loss Account.
On behalf of the board
Mrs Sophia Arnaoutis
Director
24/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Unimasters (UK) Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 03469514 . The registered office is 2nd Floor 9 Chapel Place, London, EC2A 3DQ.
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.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Unlisted
£
Cost or Valuation
As at 1 January 2024 308,109
As at 31 December 2024 308,109
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 308,109
As at 1 January 2024 308,109
5. Debtors
2024 2023
£ £
Due within one year
VAT 1,584 1,369
6. Current Asset Investments
Page 3
Page 4
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 99,999 100,000
Other creditors (3) 7,884 7,884
Accruals and deferred income 2,573 4,130
110,456 112,014
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Amounts owed to associates 141,923 168,961
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4