General Information
UNTAMED STORIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13191848, registration address 2 SEDLESCOMBE ROAD SOUTH, ST. LEONARDS-ON-SEA ENGLAND, TN38 0TA.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Fixtures and Fittings |
25% Straight Line
|
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 2).
|
| 3. |
Intangible fixed assets
| Cost |
Other |
|
Total |
| |
£ |
|
£ |
| At 01 March 2024 |
70,500 |
|
70,500 |
| Additions |
6,020 |
|
6,020 |
| Disposals |
- |
|
- |
| At 28 February 2025 |
76,520 |
|
76,520 |
| Amortisation |
| At 01 March 2024 |
- |
|
- |
| Charge for year |
7,652 |
|
7,652 |
| On disposals |
- |
|
- |
| At 28 February 2025 |
7,652 |
|
7,652 |
| Net book values |
| At 28 February 2025 |
68,868 |
|
68,868 |
| At 29 February 2024 |
70,500 |
|
70,500 |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Fixtures and Fittings |
|
Total |
| |
£ |
|
£ |
| At 01 March 2024 |
3,699 |
|
3,699 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 28 February 2025 |
3,699 |
|
3,699 |
| Depreciation |
| At 01 March 2024 |
2,220 |
|
2,220 |
| Charge for year |
740 |
|
740 |
| On disposals |
- |
|
- |
| At 28 February 2025 |
2,960 |
|
2,960 |
| Net book values |
| Closing balance as at 28 February 2025 |
739 |
|
739 |
| Opening balance as at 01 March 2024 |
1,479 |
|
1,479 |
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
0 |
|
6,000 |
|
0 |
|
6,000 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
29,680 |
|
29,680 |
| PAYE & Social Security |
33,232 |
|
40,981 |
| Accrued Expenses |
1,500 |
|
1,672 |
| Directors' Current Accounts |
0 |
|
237 |
|
64,412 |
|
72,570 |
|
| 7. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Directors' Loan Accounts |
652 |
|
0 |
|
652 |
|
0 |
|
2
|