Unitasset Limited Filleted accounts for Companies House (small and micro)
Unitasset Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
01675860
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
Investments |
5 |
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Current assets
Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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– |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
5 July 2019
, and are signed on behalf of the board by:
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Director |
Company registration number:
01675860
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Notes to the Financial Statements |
Year ended 31 March 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Tree Tops, Church Road, Leigh Woods, Bristol, BS8 3PG.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in joint ventures
Impairment of fixed assets
Provisions
Financial instruments
4.
Tax on profit
Major components of tax expense
2019 |
2018 |
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£ |
£ |
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Current tax:
UK current tax expense |
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Adjustments in respect of prior periods |
(
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(
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Total current tax |
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Deferred tax:
Origination and reversal of timing differences |
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Tax on profit |
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5.
Investments
Shares in group undertakings |
Other investments other than loans |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2018 |
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Additions |
– |
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Disposals |
– |
(
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(
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Revaluations |
– |
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At 31 March 2019 |
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Impairment |
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At 1 April 2018 and 31 March 2019 |
– |
– |
– |
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Carrying amount |
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At 31 March 2019 |
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At 31 March 2018 |
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6.
Debtors
2019 |
2018 |
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£ |
£ |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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– |
Corporation tax |
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Other creditors |
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Other creditors |
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8.
Directors' advances, credits and guarantees
At the year end the company owed the directors £82 (2018: £241). The loan is interest free, repayable on demand and was not secured against any assets.
9.
Related party transactions
Included in other debtors is an existing loan of £5,028 (2018: £29,375) to a director. Interest was charged at a commercial rate during the year.