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Company Registration No. 14589726 (England and Wales)
Younique Development Ltd Unaudited accounts for the year ended 31 December 2025
Younique Development Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Younique Development Ltd Company Information for the year ended 31 December 2025
Director
Benjamin Sheath
Company Number
14589726 (England and Wales)
Registered Office
71 Phoenix Boulevard York North Yorkshire YO26 4WX England
Accountants
Small Business Accountancy 18 Stoney Hill Rastrick Brighouse West Yorkshire HD6 3BP
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Younique Development Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
-
827
Current assets
Debtors
5
20,612
19,499
Cash at bank and in hand
4,570
23,223
25,182
42,722
Creditors: amounts falling due within one year
6
(21,913)
(28,983)
Net current assets
3,269
13,739
Total assets less current liabilities
3,269
14,566
Provisions for liabilities
Deferred tax
7
-
(186)
Net assets
3,269
14,380
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
3,268
14,379
Shareholders' funds
3,269
14,380
For the year ending 31 December 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 February 2026 and were signed on its behalf by
Benjamin Sheath Director Company Registration No. 14589726
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Younique Development Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Younique Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 14589726. The registered office is 71 Phoenix Boulevard, York, North Yorkshire, YO26 4WX, England. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
None in period of cessation
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 January 2025
1,206
Disposals
(1,206)
At 31 December 2025
-
Depreciation
At 1 January 2025
379
On disposals
(379)
At 31 December 2025
-
Net book value
At 31 December 2025
-
At 31 December 2024
827
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Younique Development Ltd Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
18,834
Accrued income and prepayments
-
665
Other debtors
20,612
-
20,612
19,499
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
6,276
5,740
Taxes and social security
14,509
21,168
Loans from directors
-
397
Accruals
1,128
1,678
21,913
28,983
7
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
-
186
2025
2024
£
£
Provision at start of year
186
68
(Credited)/charged to the profit and loss account
(186)
118
Provision at end of year
-
186
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Benjamin Sheath
Loan to Director
-
20,612
-
20,612
-
20,612
-
20,612
Overdrawn Directors Loan Account as at 31st December 2025. Repaid within 9 months and 1 day following the end of the Accounting Period.
10
Transactions with related parties
During the year, total dividends of £64,383 (2024: £65,239) were paid to the director.
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Younique Development Ltd Notes to the Accounts for the year ended 31 December 2025
11
Post balance sheet events
The company ceased to trade as at 31st December 2025. Provisions have been made to pay all creditors and recover amounts from Debtors. All remaining funds will then be withdrawn from the company by the director and declared in the tax year to which they relate.
12
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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