Uniblock Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10374520 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2019

for

Uniblock Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTORS:

L J Dawson

Mrs X Dawson

M Cushen

P Rothwell

REGISTERED OFFICE:

C/O Burton & Dyson

22 Market Place

Gainsborough

Lincolnshire

DN21 2BZ

BUSINESS ADDRESS:

Bankfield

Preston Road

Inskip

Preston

PR4 0TT

REGISTERED NUMBER:

10374520 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Britannia House

Marshall's Yard

Gainsborough

Lincolnshire

DN21 2NA

FIXED ASSETS

Intangible assets

4

142,500

150,000

Tangible assets

5

6,240

7,584

148,740

157,584

CURRENT ASSETS

Debtors

6

2,396

826

Cash at bank

24,503

15,462

26,899

16,288

CREDITORS

Amounts falling due within one year

7

200,970

232,482

NET CURRENT LIABILITIES

(174,071

)

(216,194

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(25,331

)

(58,610

)

PROVISIONS FOR LIABILITIES

1,248

1,441

NET LIABILITIES

(26,579

)

(60,051

)

CAPITAL AND RESERVES

Called up share capital

8

1

1

Share premium

276,291

-

Retained earnings

(302,871

)

(60,052

)

SHAREHOLDERS' FUNDS

(26,579

)

(60,051

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 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 applicable to companies subject to the small companies regime.

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 10 October 2019 and were signed on its behalf by:

L J Dawson - Director

1.	STATUTORY INFORMATION

Uniblock Ltd 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Computer equipment

-

20% 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 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 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.

Going concern

There was a net deficiency of assets of £26,722 at the balance sheet date, however the directors have confirmed

continued support and consider the company retains sufficient working capital to continue trading for the foreseeable

future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2018

and 28 February 2019

150,000

AMORTISATION

Charge for year

7,500

At 28 February 2019

7,500

NET BOOK VALUE

At 28 February 2019

142,500

At 28 February 2018

150,000

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 March 2018

8,115

-

8,115

Additions

-

341

341

At 28 February 2019

8,115

341

8,456

DEPRECIATION

At 1 March 2018

531

-

531

Charge for year

1,623

62

1,685

At 28 February 2019

2,154

62

2,216

NET BOOK VALUE

At 28 February 2019

5,961

279

6,240

At 28 February 2018

7,584

-

7,584

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

2,396

826

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

73,779

72,936

Taxation and social security

62,504

-

Other creditors

64,687

159,546

200,970

232,482

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

120,466

Ordinary

£0.00001

1

1

20,466 Ordinary shares of £0.00001 each were allotted as fully paid at a premium of £13.50 per share during the year.

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 Balance Sheet.

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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2019 set out on pages one to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Wright Vigar Limited

Chartered Accountants & Business Advisers

Britannia House

Marshall's Yard

Gainsborough

Lincolnshire

DN21 2NA

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