Unimetro Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10701391 (England and Wales)

Financial Statements for the Period 31 March 2017 to 31 March 2018

for

Unimetro Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D B Smith

REGISTERED OFFICE:

Dane John Works

Gordon Road

Canterbury

Kent

CT1 3PP

REGISTERED NUMBER:

10701391 (England and Wales)

ACCOUNTANTS:

A.K & Co (Accountancy Services) Ltd

19 Victoria Terrace

Hove

East Sussex

BN3 2WB

FIXED ASSETS

Intangible assets

4

7,200

Tangible assets

5

39,766

46,966

CURRENT ASSETS

Debtors

6

6,915

Cash at bank

1,601

8,516

CREDITORS

Amounts falling due within one year

7

106,134

NET CURRENT LIABILITIES

(97,618

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(50,652

)

PROVISIONS FOR LIABILITIES

8

7,556

NET LIABILITIES

(58,208

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

(58,308

)

SHAREHOLDERS' FUNDS

(58,208

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 11 April 2019 and were signed by:

D B Smith - Director

1.	STATUTORY INFORMATION

Unimetro Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Taxation

Taxation for the period 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 period 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

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 period was 3 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

9,000

At 31 March 2018

9,000

AMORTISATION

Charge for period

1,800

At 31 March 2018

1,800

NET BOOK VALUE

At 31 March 2018

7,200

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

50,083

At 31 March 2018

50,083

DEPRECIATION

Charge for period

10,317

At 31 March 2018

10,317

NET BOOK VALUE

At 31 March 2018

39,766

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

150

Amounts owed by participating interests

467

Other debtors

6,298

6,915

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

359

Trade creditors

20,882

Taxation and social security

10,987

Other creditors

73,906

106,134

8.	PROVISIONS FOR LIABILITIES

£

Deferred tax

Accelerated capital allowances

7,556

Deferred

tax

£

Accelerated capital allowance

7,556

Balance at 31 March 2018

7,556

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1.00

100

10.	RELATED PARTY DISCLOSURES

Included in other creditors is an amount due to the director of £24,305. This loan is interest free and repayable

on demand.