UNIQUE PIECES LIMITED Accounts






UNIQUE PIECES LIMITED

	Company No. 11934555
		Information for Filing with The Registrar
		31 December 2025

at	31 December 2025
Company No.		11934555	Notes	2025	2024
				£	£






Current assets
	Stocks		5	203,395	195,921
	Debtors		6	435,301	488,273

	Cash at bank and in hand			20,670	131,136
				659,366	815,330
Creditors: Amount falling due within one year			7	(731,426)	(888,951)
Net current liabilities				(72,060)	(73,621)
Total assets less current liabilities				(72,060)	(73,621)




Net liabilities				(72,060)	(73,621)

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		9	(72,160)	(73,721)

Total equity				(72,060)	(73,621)


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Director
29 July 2026

for the year ended 31 December 2025

General information and basis of preparation

UNIQUE PIECES LIMITED is a private company limited by shares and incorporated in England and Wales.

The company's registered number is: 11934555

The address of the company's registered office is:

201 Haverstock Hill

Belsize Park, FKGB

London

NW3 4QG

The financial statements have been prepared under the historical cost convention, unless otherwise stated, and in accordance with FRS 102 Section 1A , the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

The company had net liabilities of £72,060 at 31 December 2025. In assessing going concern, the director has considered the company’s forecasts and the continued financial support available from the group. The relevant group undertaking has confirmed that it will not seek repayment of amounts owed where doing so would prejudice the company’s ability to meet its liabilities as they fall due. On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis.

Accounting policies

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• 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 economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Leased assets

Stocks

Stocks are stated at the lower of cost and net realisable value. Net realisable value is based upon
estimated selling prices less further costs expected to be incurred to disposal.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount
is reduced to its selling price less costs to complete and sell. The impairment loss is recognised
immediately in the statement of comprehensive income.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation

Taxation comprises current and deferred tax. Current tax is recognised at the amount expected to be paid using tax rates enacted or substantively enacted at the balance sheet date. Deferred tax is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. Deferred tax assets are recognised to the extent that it is probable that they will be recovered. Deferred tax is measured using tax rates enacted or substantively enacted at the balance sheet date.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	0	0

4	Taxation
		(a) Tax on profit on ordinary activities	2025
		The tax charge is made up as follows:	£
		UK corporation tax










		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2025	2024
		-390	£	£
		Profit on ordinary activities before tax	1,561	1,488

		Standard rate of corporation tax in the United Kingdom	25%	19%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	390	283
		Expenses not deductible for tax purposes	(390)	(283)

5	Stocks
			2025	2024
			£	£


		Finished goods	203,395	195,921
			203,395	195,921

6	Debtors
			2025	2024
			£	£
		Trade debtors	362,223	409,312



		VAT recoverable	72,978	70,009

		Other debtors	100	8,952

			435,301	488,273

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	613,054	595,483
		Amounts owed to group undertakings	117,349	292,186


		Other creditors	1,023	1,282

			731,426	888,951

Share Capital

100 Ordinary shares of £1 each, called-up, unpaid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

Key management personnel compensation

Transactions with related parties

The company has taken advantage of the exemption available according with Section 33 of FRS 102
"Related party disclosure" not to disclose transactions entered into between two or more members of a
group that are wholly owned.