Unihoist Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03645045

UNIHOIST LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2025

UNIHOIST LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	5	1	1
Tangible assets	6	275	366
		----	----
		276	367

Current assets

Stocks		95,732	107,518
Debtors	7	53,672	57,272
Cash at bank and in hand		6,853	2,783
		---------	---------
		156,257	167,573

Creditors: amounts falling due within one year	8	213,780		160,349
		---------		---------
Net current (liabilities)/assets			( 57,523)	7,224
			--------	-------
Total assets less current liabilities			( 57,247)	7,591

Creditors: amounts falling due after more than one year	9	–	3,333
		--------	-------
Net (liabilities)/assets		( 57,247)	4,258
		--------	-------

Capital and reserves

Called up share capital	10	14,000	14,000
Share premium account		36,000	36,000
Profit and loss account		( 107,247)	( 45,742)
		---------	--------
Shareholders (deficit)/funds		( 57,247)	4,258
		---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

UNIHOIST LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 15 September 2026 , and are signed on behalf of the board by:

S L W Hudson
Director

Company registration number: 03645045

UNIHOIST LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit C Anvil Court, Eynsham.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Trade and other debtors

Trade and other debtors are stated at cost less impairment losses for bad and doubtful debts.

Revenue recognition

The turnover shown in the profit and loss account represents amounts receivable during the year, exclusive of Value Added Tax.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation

Tax on income represents the sum of tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the note to the accounts because of items of that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using the tax rates that have been enacted or subsequently enacted by the end of the accounting period. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when timing differences reverse, based on current tax rates and laws.

Related parties

For the purposes of these financial statements, a party is considered to be related to the Company if:

(i) the party has the ability, directly or indirectly, through one or more intermediaries, to control the Company or exercise significant influence over the Company in making financial and operating policy decisions, or has joint control over the Company;

(ii) the Company and the party are subject to common control;

(iii) the party is an associate of the Company or a joint venture in which the Company is a venturer;

(iv) the party is a member of key management personnel of the Company or the Company's parent, or a close family member of such an individual, or is an entity under the control, joint control or significant influence of such individuals;

(v) the party is a close family member of a party referred to in (i) or is an entity under the control, joint control or significant influence of such individuals; or

(vi) the party is a post-employment benefit plan which is for the benefit of employees of the Company or of any entity that is a related party of the Company.

Close family members of an individual are those family members who it may be expected to influence, or be influenced by, that individual in their dealings with the entity.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Computer equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 January 2025 and 31 December 2025	45,326
	--------
Amortisation
At 1 January 2025 and 31 December 2025	45,325
	--------
Carrying amount
At 31 December 2025	1
	--------
At 31 December 2024	1
	--------

The goodwill was acquired on 31st December 1999 following the incorporation of the business T Taylor Engineering. At that time it was anticipated that the asset would have a 20 year life and to date has been amortised accordingly. It is the director's opinion that the assessment of the life of the goodwill asset at 20 years remained valid. The goodwill has been fully amortised.

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Computer Equipment	Total
	£	£	£	£
Cost
At 1 January 2025 and 31 December 2025	60,019	4,654	5,527	70,200
	--------	-------	-------	--------
Depreciation
At 1 January 2025	59,814	4,497	5,523	69,834
Charge for the year	52	39	–	91
	--------	-------	-------	--------
At 31 December 2025	59,866	4,536	5,523	69,925
	--------	-------	-------	--------
Carrying amount
At 31 December 2025	153	118	4	275
	--------	-------	-------	--------
At 31 December 2024	205	157	4	366
	--------	-------	-------	--------

7. Debtors

	2025	2024
	£	£
Trade debtors	28,408	32,647
Other debtors	25,264	24,625
	--------	--------
	53,672	57,272
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	22,720	29,035
Trade creditors	90,157	62,725
Social security and other taxes	20,488	8,890
Other creditors	80,415	59,699
	---------	---------
	213,780	160,349
	---------	---------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	3,333
	----	-------

10. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100,000	100,000	100,000	100,000
	---------	---------	---------	---------

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	14,000	14,000	14,000	14,000
	--------	--------	--------	--------

11. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	–	32,500
Later than 1 year and not later than 5 years	–	56,875
	----	--------
	–	89,375
	----	--------

The operating lease commitment is based on a contractual reduction in rent payable, between the landlord and the director, for the period of his directorship only.