REGISTERED NUMBER: 01802229 (England and Wales)

Unicolour Limited

Unaudited Financial Statements

for the Year Ended 31st July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E M F Gleason

Mrs J M Gleason

SECRETARY:

Mrs J M Gleason

REGISTERED OFFICE:

Tandem Works

Wakefield Road

Waterloo

Huddersfield

West Yorkshire

HD5 0AN

REGISTERED NUMBER:

01802229 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,736

45,525

Investments

5

563,788

-

567,524

45,525

CURRENT ASSETS

Stocks

1,424,813

1,947,379

Debtors

6

1,517,565

1,639,937

Cash at bank and in hand

4,048,958

4,678,152

6,991,336

8,265,468

CREDITORS

Amounts falling due within one year

7

1,955,180

3,022,115

NET CURRENT ASSETS

5,036,156

5,243,353

TOTAL ASSETS LESS CURRENT LIABILITIES

5,603,680

5,288,878

PROVISIONS FOR LIABILITIES

667

6,536

NET ASSETS

5,603,013

5,282,342

CAPITAL AND RESERVES

Called up share capital

9

50,000

50,000

Retained earnings

5,553,013

5,232,342

SHAREHOLDERS' FUNDS

5,603,013

5,282,342

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st July 2025 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 24th April 2026 and were signed on its behalf by:

E M F Gleason - Director

1.	STATUTORY INFORMATION

Unicolour 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.

Preparation of consolidated financial statements

The financial statements contain information about Unicolour Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business and is shown after trade discounts, other sales taxes and net of value added tax. Turnover is recognised on the delivery of goods to the customer.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:

-

the company has transferred significant risks and rewards of ownership to the buyer;

-

the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

-

the amount of revenue can be measured reliably;

-

it is probable that the company will receive consideration due under the transaction; and

-

the costs incurred in respect of the transaction can be measured reliably.

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

-

2.5% Straight Line Basis

Plant and machinery

-

15% on Reducing Balance

Fixtures and fittings

-

10% on Reducing Balance

Computer equipment

-

33.3% Straight Line Basis

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the income statement.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any amounts received as dividends from reserves at the date of acquisition.

Stocks

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

Taxation

Tax on the profit or loss for the year comprises current and deferred tax. Tax is recognised in the income statement.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 the profit and loss account in the period to which they relate.

Leasing commitments

Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st August 2024

314,773

Additions

6,818

Disposals

(291,249

)

At 31st July 2025

30,342

DEPRECIATION

At 1st August 2024

269,248

Charge for year

5,295

Eliminated on disposal

(247,937

)

At 31st July 2025

26,606

NET BOOK VALUE

At 31st July 2025

3,736

At 31st July 2024

45,525

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

1,208,986

At 31st July 2025

1,208,986

PROVISIONS

Provision for year

645,198

At 31st July 2025

645,198

NET BOOK VALUE

At 31st July 2025

563,788

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

1,509,622

1,493,520

Other debtors

7,943

146,417

1,517,565

1,639,937

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

1,118,289

1,609,219

Taxation and social security

351,353

298,735

Other creditors

485,538

1,114,161

1,955,180

3,022,115

8.	SECURED DEBTS

Bank facilities are secured by a debenture in favour of Lloyds Bank plc dated 1 October 1998 over the whole of the undertakings, property and assets of the company. At 31 July 2025 and 31 July 2024, there were no amounts outstanding owed to Lloyds Bank plc.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

50,000

Ordinary

£1

50,000

50,000

The ordinary shares are non-redeemable and have equal voting, dividend and capital rights.

10.	CONTINGENT LIABILITIES

The company has provided HM Revenue & Customs a guarantee of £318,000 in respect of the company's deferment of duty.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is E M F Gleason.