Registrar
Registration number:
for the Year Ended
The Unique Paper Company Limited
Contents
|
Company Information |
|
|
Balance Sheet |
|
|
Notes to the Financial Statements |
The Unique Paper Company Limited
Company Information
|
Directors |
C P Scamponi G P Nokes L E Scamponi |
|
Company secretary |
L E Scamponi |
|
Registered office |
|
|
Bankers |
|
|
Accountants |
|
The Unique Paper Company Limited
(Registration number: 05328849)
Balance Sheet as at 31 January 2026
|
Note |
2026 |
2025 |
|
|
Fixed assets |
|||
|
Tangible assets |
|
|
|
|
Current assets |
|||
|
Stocks |
|
|
|
|
Debtors |
|
|
|
|
Cash at bank and in hand |
|
|
|
|
|
|
||
|
Creditors: Amounts falling due within one year |
( |
( |
|
|
Net current assets |
|
|
|
|
Total assets less current liabilities |
|
|
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
|
|
Provisions for liabilities |
( |
( |
|
|
Net assets |
|
|
|
|
Capital and reserves |
|||
|
Called up share capital |
546,243 |
546,243 |
|
|
Capital redemption reserve |
88,757 |
88,757 |
|
|
Revaluation reserve |
220,879 |
251,049 |
|
|
Retained earnings |
(182,680) |
(126,452) |
|
|
Shareholders' funds |
673,199 |
759,597 |
For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
|
• |
|
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
The Unique Paper Company Limited
(Registration number: 05328849)
Balance Sheet as at 31 January 2026
Approved and authorised by the
|
......................................... |
The Unique Paper Company Limited
Notes to the Financial Statements for the Year Ended 31 January 2026
|
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
The principal place of business is: Arbour Farm, Wormingford Road, Fordham, Colchester, Essex, CO6 3NS.
These financial statements were authorised for issue by the
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' .
Basis of preparation
These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.
Revenue recognition
Turnover represents net invoiced sales of specialist paper, recognised on an accrued basis excluding value added tax.
Government grants
Grants are recognised when the company has an entitlement to the funds and conditions linked to the grants have been met.
Foreign currency transactions and balances
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
Tax
Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
Deferred tax is recognised on material temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The Unique Paper Company Limited
Notes to the Financial Statements for the Year Ended 31 January 2026
Tangible assets
Tangible assets are stated in the statement of financial position at cost or revaluation, less any subsequent accumulated depreciation.
Depreciation
Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:
|
Asset class |
Depreciation method and rate |
|
Leasehold property improvements |
10% to 33% Straight line method |
|
Motor vehicles |
25% Reducing balance |
|
Origination plates and cylinders |
20% Reducing balance method |
|
Plant and Machinery |
10% to 25% Reducing balance method |
|
Fixtures and fittings |
25% Reducing balance method |
|
Exhibition stands and equipment |
33% Straight line method |
|
Computer equipment |
25% Reducing balance method |
Stocks
Stocks are valued at the lower of cost and net realisable value including a provision for overheads, after making due allowance for obsolete and slow moving stock.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity.
The Unique Paper Company Limited
Notes to the Financial Statements for the Year Ended 31 January 2026
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
|
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
The Unique Paper Company Limited
Notes to the Financial Statements for the Year Ended 31 January 2026
|
Tangible assets |
|
Leasehold property improvements |
Fixtures and fittings and Computer equipment |
Motor vehicles |
Origination plates & cylinders |
Plant and machinery and exhibition stands |
Total |
|
|
Cost or valuation |
||||||
|
At 1 February 2025 |
|
|
|
|
|
|
|
Additions |
- |
|
- |
|
|
|
|
At 31 January 2026 |
|
|
|
|
|
|
|
Depreciation |
||||||
|
At 1 February 2025 |
|
|
|
|
|
|
|
Charge for the year |
|
|
|
|
|
|
|
At 31 January 2026 |
|
|
|
|
|
|
|
Carrying amount |
||||||
|
At 31 January 2026 |
|
|
|
|
|
|
|
At 31 January 2025 |
|
|
|
|
|
|
The Unique Paper Company Limited
Notes to the Financial Statements for the Year Ended 31 January 2026
Revaluation
The fair value of the company's material assets included within plant and machinery as at the balance sheet date were revalued on
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £
|
Debtors |
|
Note |
2026 |
2025 |
|
|
Trade debtors |
|
|
|
|
Directors loan account |
- |
|
|
|
Prepayments and accrued income |
|
|
|
|
Other debtors |
|
|
|
|
|
|
The amount of Trade Debtors under invoice factoring arrangements as at 31 January 2026 totalled £101,341 (2025: £91,030).
|
Creditors |
Creditors: amounts falling due within one year
|
Note |
2026 |
2025 |
|
|
Due within one year |
|||
|
Loans and borrowings |
|
|
|
|
Trade creditors |
|
|
|
|
Directors loan account |
|
|
|
|
Taxation and social security |
|
|
|
|
Accruals and deferred income |
|
|
|
|
Other creditors |
|
|
|
|
|
|
Creditors: amounts falling due after more than one year
|
Note |
2026 |
2025 |
|
|
Due after one year |
|||
|
Loans and borrowings |
|
|
The Unique Paper Company Limited
Notes to the Financial Statements for the Year Ended 31 January 2026
|
Share capital |
Allotted, called up and fully paid shares
|
2026 |
2025 |
|||
|
No. |
£ |
No. |
£ |
|
|
|
|
546,243 |
|
546,243 |
|
Loans and borrowings |
Current loans and borrowings
|
2026 |
2025 |
|
|
Loans and borrowings |
|
|
|
Bank overdrafts |
|
- |
|
|
|
|
Non-current loans and borrowings
|
2026 |
2025 |
|
|
Loans and borrowings |
|
|
|
Related party transactions |
|
2026 |
At 1 February 2025 |
Repayments by director |
At 31 January 2026 |
|
Directors Loan Account |
( |
|
- |