REGISTERED NUMBER: 12286197 (England and Wales)

UNICORN BOOKS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2023 TO 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Accountants' Report

6

DIRECTORS:

Mrs S M Bysephipps

M S Bysephipps

REGISTERED OFFICE:

50 High Street

Billinghay

Lincoln

LN4 4AU

REGISTERED NUMBER:

12286197 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

18 Northgate

Sleaford

Lincolnshire

NG34 7BJ

FIXED ASSETS

Tangible assets

4

102,948

113,287

CURRENT ASSETS

Stocks

97,659

174,567

Debtors

5

132,545

102,981

Cash at bank

7,330

28,175

237,534

305,723

CREDITORS

Amounts falling due within one year

6

198,902

283,847

NET CURRENT ASSETS

38,632

21,876

TOTAL ASSETS LESS CURRENT LIABILITIES

141,580

135,163

CREDITORS

Amounts falling due after more than one year

7

(53,280

)

(72,948

)

PROVISIONS FOR LIABILITIES

(14,053

)

(8,700

)

NET ASSETS

74,247

53,515

CAPITAL AND RESERVES

Called up share capital

8

163

4

Retained earnings

74,084

53,511

SHAREHOLDERS' FUNDS

74,247

53,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mrs S M Bysephipps - Director

1.	STATUTORY INFORMATION

Unicorn Books Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2023

48,337

68,963

117,300

Additions

-

4,436

4,436

At 31 December 2024

48,337

73,399

121,736

DEPRECIATION

At 1 November 2023

368

3,645

4,013

Charge for period

1,123

13,652

14,775

At 31 December 2024

1,491

17,297

18,788

NET BOOK VALUE

At 31 December 2024

46,846

56,102

102,948

At 31 October 2023

47,969

65,318

113,287

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

26,398

Other debtors

132,545

76,583

132,545

102,981

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

6,535

5,464

Hire purchase contracts

10,460

10,460

Trade creditors

88,788

40,154

Taxation and social security

6,749

1,744

Other creditors

86,370

226,025

198,902

283,847

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

26,258

33,722

Hire purchase contracts

27,022

39,226

53,280

72,948

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2024

2023

value:

£

£

110

A ordinary shares

1

110

4

50

B ordinary shares

1

50

-

3

C ordinary shares

1

3

-

163

4

The following shares were allotted at par during the period:

110 A ordinary shares of 1 each

50 B ordinary shares of 1 each

3 C ordinary shares of 1 each

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024 and the year ended 31 October 2023:

2024

2023

£

£

Mrs S M Bysephipps

Balance outstanding at start of period

64,970

(22,358

)

Amounts advanced

45,201

245,249

Amounts repaid

(67,749

)

(157,921

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

42,422

64,970

Interest is charged on the overdrawn directors loan accounts at the official rate where applicable. The loans

made to the directors are unsecured and repayable on demand.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Unicorn Books Limited for the period ended 31 December 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Unicorn Books Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Unicorn Books Limited and state those matters that we have agreed to state to the Board of Directors of Unicorn Books Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Unicorn Books Limited 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 profit of Unicorn Books Limited. You consider that Unicorn Books Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Unicorn Books Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Duncan & Toplis Limited

18 Northgate

Sleaford

Lincolnshire

NG34 7BJ

Date: .............................................