Uniflair Limited 31/12/2024 iXBRL

Company registration number: 02439770

Uniflair Limited

Abridged filleted financial statements

31 December 2024

Uniflair Limited

Contents

Directors and other information

Directors responsibilities statement

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Uniflair Limited

Directors and other information


	Directors	Mr J T Coles
		Mr M I Jenkins


	Secretary	C K Wilmot


	Company number	02439770


	Registered office	8 Deer Park Road
		London
		SW19 3UU


	Auditor	Axis Accountants Ltd
		Zeal House, Suite 14
		8 Deer Park Road
		London
		SW19 3GY




	Bankers	Natwest Bank plc

Uniflair Limited

Directors responsibilities statement

Year ended 31 December 2024

The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Uniflair Limited

Abridged statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Current assets
Debtors		87,734		97,676
Cash at bank and in hand		1,000		971
		_______		_______
		88,734		98,647
Creditors: amounts falling due
within one year		( 10,000)		( 10,000)
		_______		_______
Net current assets			78,734		88,647
			_______		_______
Total assets less current liabilities			78,734		88,647

Creditors: amounts falling due
after more than one year			( 14,098)		( 24,011)
			_______		_______
Net assets			64,636		64,636
			_______		_______

Capital and reserves
Called up share capital			65,000		65,000
Profit and loss account			( 364)		( 364)
			_______		_______
Shareholders funds			64,636		64,636
			_______		_______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

Mr J T Coles

Director

Company registration number: 02439770

Uniflair Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Zeal House, 8 Deer Park Road, London, SW19 3UU.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The company will be non-trading company for the foreseeable future.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Auditors remuneration

	2024	2023
	£	£

Fees payable to
Fees payable for the audit of the financial statements	600	600
	_______	_______

5. Limitation of auditors liability

A company has entered into a liability limitation agreement with its auditors for the year ended 31 December 2024 on the terms that the maximum aggregate amount of the auditor's liability to company shall not exceed the lower of; 1) the sum of 10 times of audit fees payable (excluding expenses and Value Added Tax) or 2) £25,000 The resolution approving the agreement was passed on 26 September 2025.

6. Summary audit opinion

The auditor's report dated 26 September 2025 was unqualified, however, the auditor drew attention to the following by way of emphasis.

In forming our opinion, we have considered the adequacy of the disclosures made in the financial statements concerning the company's ability to continue as a going concern. The company stoped trading on 1 January 2016 and its trade is taken over by the parent company Our Skills Ltd. The company's assets and liabilities are taken over by the group companies at the net book value as at that date. Our opinion is not qualified in this respect.

The senior statutory auditor was Sohaib Akram for and on behalf of Axis Accountants Ltd

7. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2024	2023	2024	2023
	£	£	£	£
Our Skills Ltd - Intermediate Holding Company	-	-	18,660	28,602
Zeal Holdings 4 Limited	-	-	69,074	69,074
	_______	_______	_______	_______

The transactions with related party are as follows: Zeal Holdings 4 Ltd (Loan receivable), Our Skills Ltd (Loan payable / receivable)

8. Controlling party

The company is under the control of Mr J T Coles , a shareholder and director of the ultimate holding company, Coles Holdings Limited.