REGISTERED NUMBER: 10929946 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

UNIT 58 LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J O'Farrell

SECRETARY:

Ms A K Morriss

REGISTERED OFFICE:

5 Albert Street

London

NW1 7LU

REGISTERED NUMBER:

10929946 (England and Wales)

ACCOUNTANTS:

David Simon Limited

Chartered Certified Accountants

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

4

76,221

84,065

CURRENT ASSETS

Debtors

5

79,060

63,341

Cash at bank and in hand

20,244

44,676

99,304

108,017

CREDITORS

Amounts falling due within one year

6

119,321

134,379

NET CURRENT LIABILITIES

(20,017

)

(26,362

)

TOTAL ASSETS LESS CURRENT LIABILITIES

56,204

57,703

CREDITORS

Amounts falling due after more than one year

7

55,609

57,059

NET ASSETS

595

644

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

495

544

SHAREHOLDERS' FUNDS

595

644

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 May 2026 and were signed by:

Mr J O'Farrell - Director

1.	STATUTORY INFORMATION

Unit 58 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.

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.

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and Straight line over life of lease

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 statement of financial position date.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

170,154

Additions

4,066

At 31 August 2025

174,220

DEPRECIATION

At 1 September 2024

86,089

Charge for year

11,910

At 31 August 2025

97,999

NET BOOK VALUE

At 31 August 2025

76,221

At 31 August 2024

84,065

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,895

11,355

Other debtors

71,165

51,986

79,060

63,341

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,669

5,642

Taxation and social security

31,846

42,471

Other creditors

82,806

86,266

119,321

134,379

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

55,609

57,059

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

54,000

54,000

Between one and five years

216,000

216,000

In more than five years

108,000

162,000

378,000

432,000

The director has given a personal guarantee relating to the lease agreement.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

Mr J O'Farrell

Balance outstanding at start of year

26,318

-

Amounts advanced

122,725

26,318

Amounts repaid

(114,827

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

34,216

26,318

10.	RELATED PARTY DISCLOSURES

Included in other debtors is an amount of £32,706 (2024: £23,223) due from a company in which the directors have a controlling interest.