Uniwire Holdings Limited - Accounts to registrar (filleted) - small 18.2

Uniwire Holdings Limited - Accounts to registrar (filleted) - small 18.2

UNIWIRE HOLDINGS LIMITED - Company Information

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REGISTERED NUMBER: 04583146 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

UNIWIRE HOLDINGS LIMITED
UNIWIRE HOLDINGS LIMITED (REGISTERED NUMBER: 04583146)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

UNIWIRE HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 December 2018







DIRECTORS: R P Farmer
W R P Farmer





SECRETARY: W R P Farmer





REGISTERED OFFICE: Unit 7 Babdown Airfield
Babdown
Tetbury
Gloucestershire
GL8 8YL





REGISTERED NUMBER: 04583146 (England and Wales)





ACCOUNTANTS: Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX
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UNIWIRE HOLDINGS LIMITED (REGISTERED NUMBER: 04583146)

STATEMENT OF FINANCIAL POSITION
31 December 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 884,586 727,157
Investments 5 400,002 400,002
1,284,588 1,127,159

CURRENT ASSETS
Cash at bank 289,395 228,365

CREDITORS
Amounts falling due within one year 6 16,670 16,400
NET CURRENT ASSETS 272,725 211,965
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,557,313
1,339,124

PROVISIONS FOR LIABILITIES 33,521 -
NET ASSETS 1,523,792 1,339,124

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 7 142,907 -
Retained earnings 7 1,380,883 1,339,122
SHAREHOLDERS' FUNDS 1,523,792 1,339,124

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 May 2019 and were signed on its behalf by:





R P Farmer - Director


The notes form part of these financial statements

2
UNIWIRE HOLDINGS LIMITED (REGISTERED NUMBER: 04583146)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 December 2018

1. STATUTORY INFORMATION

Uniwire Holdings 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial
position 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

3
UNIWIRE HOLDINGS LIMITED (REGISTERED NUMBER: 04583146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2018

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 January 2018 773,571
Revaluations 176,429
At 31 December 2018 950,000
DEPRECIATION
At 1 January 2018 46,414
Charge for year 19,000
At 31 December 2018 65,414
NET BOOK VALUE
At 31 December 2018 884,586
At 31 December 2017 727,157

Cost or valuation at 31 December 2018 is represented by:

Land and
buildings
£   
Valuation in 2018 176,429
Cost 773,571
950,000

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2018
and 31 December 2018 400,002
NET BOOK VALUE
At 31 December 2018 400,002
At 31 December 2017 400,002

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Tax 14,722 14,900
Other creditors 1,448 1,000
Accrued expenses 500 500
16,670 16,400

4
UNIWIRE HOLDINGS LIMITED (REGISTERED NUMBER: 04583146)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 December 2018

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 January 2018 1,339,122 - 1,339,122
Profit for the year 43,761 43,761
Dividends (2,000 ) (2,000 )
Revaluation 2018 - 142,907 142,907
At 31 December 2018 1,380,883 142,907 1,523,790

8. RELATED PARTY DISCLOSURES

In 2014 the company purchased Unit 7 Babdown Airfield for £773,571 and it was revalued to £950,000 in 2018. Uniwire
Limited, its 100% subsidiary company, rents this building for £6,500 per month (£2017: £6,500). The rent paid during the year
was £78,000 (2017: £78,000).

At the balance sheet date, included in other creditors is an amount of £1,448 (2017: £1,000) owed to Uniwire Limited, a 100%
subsidiary of the company.

9. ULTIMATE CONTROLLING PARTY

The controlling party is R P Farmer.

5
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
UNIWIRE HOLDINGS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial
statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position.
Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not
required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of
Uniwire Holdings Limited for the year ended 31 December 2018 which comprise the Income Statement, Statement of Financial Position
and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Uniwire Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 14 October 2004. Our work has been undertaken solely to prepare for your approval the financial statements of Uniwire Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Uniwire Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Uniwire Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Uniwire Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Uniwire Holdings Limited. You consider that Uniwire Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Uniwire Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX


Date: .............................................

This page does not form part of the statutory financial statements

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