Unipower (UK) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 03268354 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

UNIPOWER (UK) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D Greenhill

R Greenhill

M Greenhill

A Sami

SECRETARY:

Mrs J Greenhill

REGISTERED OFFICE:

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

03268354 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Intangible assets

4

-

3,500

Tangible assets

5

155,150

129,570

155,150

133,070

CURRENT ASSETS

Stocks

543,188

548,427

Debtors

6

249,209

274,500

Cash at bank and in hand

96,866

156,625

889,263

979,552

CREDITORS

Amounts falling due within one year

7

(424,570

)

(550,286

)

NET CURRENT ASSETS

464,693

429,266

TOTAL ASSETS LESS CURRENT
LIABILITIES

619,843

562,336

CREDITORS

Amounts falling due after more than one
year

8

(88,298

)

(100,134

)

PROVISIONS FOR LIABILITIES

(28,420

)

(23,716

)

NET ASSETS

503,125

438,486

CAPITAL AND RESERVES

Called up share capital

9

1,700

Share premium

61,370

Retained earnings

440,055

375,416

SHAREHOLDERS' FUNDS

503,125

438,486

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by:

R Greenhill - Director

1.	STATUTORY INFORMATION

Unipower (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.

Turnover

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

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably; and when it is probable that future economic benefits will flow to the entity.

Goodwill

Goodwill recognised represents the excess of the fair value and directly attributable costs of the purchase consideration over the fair values of the identifiable net assets, liabilities and contingent liabilities acquired.

Goodwill is amortised through the income statement in equal instalments over its estimated useful life of 10 years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. Reversals of impairment are recognised when the reasons for the impairment no longer apply.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

not provided

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Cost is calculated on a first in, first out basis and includes all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion.

Net realisable value is based on estimated selling price less costs to complete and sell.

At the end of each reporting period stocks and work in progress are assessed for impairment. If any stock or work in progress is impaired, it is reduced to its net realisable value and an impairment charge is recognised in the income statement. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the income statement.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 year was 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

50,000

AMORTISATION

At 1 January 2025

46,500

Charge for year

3,500

At 31 December 2025

50,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

3,500

5.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

COST

At 1 January 2025

14,836

49,873

27,668

Additions

-

3,891

Disposals

-

At 31 December 2025

14,836

49,873

31,559

DEPRECIATION

At 1 January 2025

-

9,975

13,887

Charge for year

-

4,987

2,651

Eliminated on disposal

-

At 31 December 2025

-

14,962

16,538

NET BOOK VALUE

At 31 December 2025

14,836

34,911

15,021

At 31 December 2024

14,836

39,898

13,781

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2025

12,571

179,930

59,441

344,319

Additions

-

87,220

7,405

98,516

Disposals

-

(58,990

)

-

(58,990

)

At 31 December 2025

12,571

208,160

66,846

383,845

DEPRECIATION

At 1 January 2025

11,467

123,109

56,311

214,749

Charge for year

165

27,715

4,236

39,754

Eliminated on disposal

-

(25,808

)

-

(25,808

)

At 31 December 2025

11,632

125,016

60,547

228,695

NET BOOK VALUE

At 31 December 2025

939

83,144

6,299

155,150

At 31 December 2024

1,104

56,821

3,130

129,570

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

179,930

Additions

87,220

Disposals

(58,990

)

At 31 December 2025

208,160

DEPRECIATION

At 1 January 2025

123,109

Charge for year

27,715

Eliminated on disposal

(25,808

)

At 31 December 2025

125,016

NET BOOK VALUE

At 31 December 2025

83,144

At 31 December 2024

56,821

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

188,327

237,579

Other debtors

60,882

36,921

249,209

274,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

277,815

327,169

Hire purchase contracts

29,048

20,970

Trade creditors

(55,920

)

(64,795

)

Taxation and social security

53,624

18,505

Other creditors

120,003

248,437

424,570

550,286

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

32,461

50,759

Hire purchase contracts

55,837

49,375

88,298

100,134

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

709

Ordinary A

£1

709

566

Ordinary B

£1

566

170

Ordinary C

£1

170

Ordinary D

£1

170

85

Ordinary E

£1

85

1,700

10.	RELATED PARTY DISCLOSURES

Shareholders loaned the company £nil (2024: £14,907) during the year, and £3,739 (2024: £nil) was repaid. A balance of £11,168 (2024 - £14,907) was outstanding at the year-end.