REGISTERED NUMBER: 05321748 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Unity Capital UK Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P A Heydon

Mrs S Heydon

SECRETARY:

Mr P A Heydon

REGISTERED OFFICE:

Foresters Hall

25 - 27 Westow Street

Upper Norwood

London

SE19 3RY

REGISTERED NUMBER:

05321748 (England and Wales)

ACCOUNTANTS:

Gibsons Financial Limited

Chartered Accountants

Foresters Hall

25/27 Westow Street

Upper Norwood

London

SE19 3RY

FIXED ASSETS

Tangible assets

4

81,465

102,236

Investment property

5

-

1,627,180

81,465

1,729,416

CURRENT ASSETS

Debtors

5,052

9,880

Cash at bank

2,921

2,307

7,973

12,187

CREDITORS

Amounts falling due within one year

(738,515

)

(2,319,980

)

NET CURRENT LIABILITIES

(730,542

)

(2,307,793

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(649,077

)

(578,377

)

CAPITAL AND RESERVES

Called up share capital

6

1,000

1,000

Retained earnings

7

(650,077

)

(579,377

)

SHAREHOLDERS' FUNDS

(649,077

)

(578,377

)

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 September 2025 and were signed on its behalf by:

Mr P A Heydon - Director

1.	STATUTORY INFORMATION

Unity Capital UK Ltd 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.

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 as modified by the revaluation of certain assets.

The company has reported a net loss of £70,699 for the year. At the Balance Sheet date the sum of the company's liabilities exceeded the sum of its assets by £650,077. The company's liabilities at the Balance Sheet date included £712,545 owed to it's director, Mr P A Heydon, who has indicated that there is currently no intention to seek immediate repayment of sums owed to him by the company and that it is intended that these funds should continue to be made available to the company for the foreseeable future.

Given the foregoing, the directors consider it appropriate to continue to adopt the going concern basis in the preparation of the company's financial statements. The directors consider that, for at least twelve months from the date of approval of these financial statements, the company will be able to settle its debts as they fall due.

The financial statements do not include any adjustments that may be necessary should its director demand immediate repayment of amounts owed to him.

Critical accounting judgements and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The company does not consider there to be any critical judgements in applying accounting policies.

The company does not consider there to be any material sources of estimation uncertainty.

Turnover

Turnover for the year is attributable to holiday/residential letting income.

Tangible fixed assets

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

Improvements to property

-

over the term of the lease

Equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like bank loans, other creditors and other debtors.

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.

Investments

Investments are stated at directors' valuation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

164,484

Additions

18,216

Disposals

(474

)

At 31 December 2024

182,226

DEPRECIATION

At 1 January 2024

62,248

Charge for year

38,720

Eliminated on disposal

(207

)

At 31 December 2024

100,761

NET BOOK VALUE

At 31 December 2024

81,465

At 31 December 2023

102,236

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

1,627,180

Disposals

(1,627,180

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

1,627,180

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

£

1,000

Ordinary

£1

1,000

1,000

7.

RESERVES

Retained

earnings

£

At 1 January 2024

(579,377

)

Deficit for the year

(70,700

)

At 31 December 2024

(650,077

)

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P A Heydon.