Unis London Limited

Unis London Limited

UNIS LONDON LIMITED - Company Information

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1 January 2019 false No description of principal activity Taxfiler 2021.2.1 07462594business:PrivateLimitedCompanyLtd2019-01-012019-12-31 074625942018-12-31 074625942019-01-012019-12-31 07462594business:AuditExemptWithAccountantsReport2019-01-012019-12-31 07462594business:FullAccounts2019-01-012019-12-31 074625942019-12-31 074625942018-12-31 07462594core:WithinOneYear2019-12-31 07462594core:WithinOneYear2018-12-31 07462594core:AfterOneYear2019-12-31 07462594core:AfterOneYear2018-12-31 07462594core:ShareCapital2019-12-31 07462594core:ShareCapital2018-12-31 07462594core:RetainedEarningsAccumulatedLosses2019-12-31 07462594core:RetainedEarningsAccumulatedLosses2018-12-31 07462594business:SmallEntities2019-01-012019-12-31 07462594business:Director12019-01-012019-12-31 07462594countries:EnglandWales2019-01-012019-12-31 07462594business:RegisteredOffice2019-01-012019-12-31 07462594core:PlantMachinery2019-01-012019-12-31 07462594core:FurnitureFittings2019-01-012019-12-31 07462594core:Goodwill2018-12-31 07462594core:Goodwill2019-12-31 07462594core:Goodwill2019-01-012019-12-31 07462594core:PlantMachinery2018-12-31 07462594core:FurnitureFittings2018-12-31 07462594core:PlantMachinery2019-12-31 07462594core:FurnitureFittings2019-12-31 074625942018-01-012018-12-31 iso4217:GBP xbrli:pure
Company Registration No. 07462594 (England and Wales)
Unis London Limited Unaudited accounts for the year ended 31 December 2019
Unis London Limited Unaudited accounts Contents
Page
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Unis London Limited Statement of financial position as at 31 December 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
7,000 
8,000 
Tangible assets
5
24,126 
12,940 
31,126 
20,940 
Current assets
Inventories
1,248,000 
1,273,462 
Debtors
6
90,947 
77,249 
Cash at bank and in hand
1,784 
12,195 
1,340,731 
1,362,906 
Creditors: amounts falling due within one year
7
(1,140,538)
(1,162,331)
Net current assets
200,193 
200,575 
Total assets less current liabilities
231,319 
221,515 
Creditors: amounts falling due after more than one year
8
(154,339)
(177,949)
Net assets
76,980 
43,566 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
76,880 
43,466 
Shareholders' funds
76,980 
43,566 
For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 February 2021 and were signed on its behalf by
Mr M Younis Director Company Registration No. 07462594
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Unis London Limited Notes to the Accounts for the year ended 31 December 2019
1
Statutory information
Unis London Limited is a private company, limited by shares, registered in England and Wales, registration number 07462594. The registered office is 280 GREEN STREET, LONDON, E7 8LF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 December 2019 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2018. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2019
10,000 
At 31 December 2019
10,000 
Amortisation
At 1 January 2019
2,000 
Charge for the year
1,000 
At 31 December 2019
3,000 
Net book value
At 31 December 2019
7,000 
At 31 December 2018
8,000 
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Unis London Limited Notes to the Accounts for the year ended 31 December 2019
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2019
1,379 
29,352 
30,731 
Additions
- 
17,217 
17,217 
At 31 December 2019
1,379 
46,569 
47,948 
Depreciation
At 1 January 2019
1,060 
16,731 
17,791 
Charge for the year
64 
5,967 
6,031 
At 31 December 2019
1,124 
22,698 
23,822 
Net book value
At 31 December 2019
255 
23,871 
24,126 
At 31 December 2018
319 
12,621 
12,940 
6
Debtors
2019 
2018 
£ 
£ 
Less than one year
Other debtors
90,947 
77,249 
Greater than one year
Total debtors
90,947 
77,249 
7
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Bank loans and overdrafts
42,643 
46,244 
Trade creditors
372,988 
462,475 
Taxes and social security
47,543 
36,461 
Other creditors
677,364 
617,151 
1,140,538 
1,162,331 
8
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Bank loans
154,339 
177,949 
9
Average number of employees
During the year the average number of employees was 9 (2018: 10).
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