United Fashion International Ltd 31/01/2023 iXBRL

UNITED FASHION INTERNATIONAL LTD - Company Information

5 01/02/2022 31/01/2023 2023-01-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2022-02-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP NI031881 2022-02-01 2023-01-31 NI031881 2023-01-31 NI031881 2022-01-31 NI031881 2021-02-01 2022-01-31 NI031881 2022-01-31 NI031881 2021-01-31 NI031881 core:LandBuildings core:LongLeaseholdAssets 2022-02-01 2023-01-31 NI031881 core:PlantMachinery 2022-02-01 2023-01-31 NI031881 core:FurnitureFittingsToolsEquipment 2022-02-01 2023-01-31 NI031881 bus:RegisteredOffice 2022-02-01 2023-01-31 NI031881 bus:LeadAgentIfApplicable 2022-02-01 2023-01-31 NI031881 bus:Director1 2022-02-01 2023-01-31 NI031881 bus:Director2 2022-02-01 2023-01-31 NI031881 bus:CompanySecretary1 2022-02-01 2023-01-31 NI031881 core:WithinOneYear 2023-01-31 NI031881 core:WithinOneYear 2022-01-31 NI031881 core:ShareCapital 2023-01-31 NI031881 core:ShareCapital 2022-01-31 NI031881 core:RetainedEarningsAccumulatedLosses 2023-01-31 NI031881 core:RetainedEarningsAccumulatedLosses 2022-01-31 NI031881 bus:SmallEntities 2022-02-01 2023-01-31 NI031881 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 NI031881 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 NI031881 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 NI031881 bus:AbridgedAccounts 2022-02-01 2023-01-31

Company registration number: NI031881

United Fashion International Ltd

Unaudited filleted abridged financial statements

31 January 2023

United Fashion International Ltd

Contents

Directors and other information

Accountants report

Abridged statement of financial position

Notes to the financial statements

United Fashion International Ltd

Directors and other information


	Directors	S A S Kerr
		Ivan Kerr


	Secretary	S A S Kerr


	Company number	NI031881


	Registered office	17 Linen Green
		Moygashel
		Dungannon
		Co Tyrone
		BT71 7HB


	Accountants	ASM (D) Ltd
		79 Cunninghams lane
		Dungannon
		Co Tyrone
		BT71 6BX




	Bankers	Santander
		1 Market Square
		Dungannon
		Co Tyrone
		BT70 1AL

United Fashion International Ltd

Report to the board of directors on the preparation of the

unaudited statutory financial statements of United Fashion International Ltd

Year ended 31 January 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of United Fashion International Ltd for the year ended 31 January 2023 which comprise the abridged statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.

This report is made solely to the board of directors of United Fashion International Ltd, as a body, in accordance with the terms of our engagement letter dated 28 October 2015. Our work has been undertaken solely to prepare for your approval the financial statements of United Fashion International Ltd and state those matters that we have agreed to state to the board of directors of United Fashion International Ltd as a body, in this report in accordance with the requirements of Chartered Accountants Ireland, as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than United Fashion International Ltd and its board of directors as a body for our work or for this report.

It is your duty to ensure that United Fashion International Ltd 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 United Fashion International Ltd. You consider that United Fashion International Ltd 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 United Fashion International Ltd. 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.

ASM (D) Ltd

Chartered Accountants

79 Cunninghams lane

Dungannon

Co Tyrone

BT71 6BX

26 October 2023

United Fashion International Ltd

Abridged statement of financial position

31 January 2023

		2023		2022
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1,855		3,508
		________		________
			1,855		3,508

Current assets
Stocks		277,850		180,128
Debtors		3,118		3,464
Cash at bank and in hand		558,306		528,161
		________		________
		839,274		711,753
Creditors: amounts falling due
within one year		( 164,714)		( 162,801)
		________		________
Net current assets			674,560		548,952
			________		________
Total assets less current liabilities			676,415		552,460


Provisions for liabilities			( 333)		( 453)

Accruals and deferred income			( 520)		( 1,122)

			________		________
Net assets			675,562		550,885
			________		________

Capital and reserves
Called up share capital			2		2
Profit and loss account			675,560		550,883
			________		________
Shareholders funds			675,562		550,885
			________		________

For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- 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;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 31 January 2023 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 26 October 2023 , and are signed on behalf of the board by:

S A S Kerr

Director

Company registration number: NI031881

United Fashion International Ltd

Notes to the financial statements

Year ended 31 January 2023

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 17 Linen Green, Moygashel, Dungannon, Co Tyrone, BT71 7HB.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Long leasehold property	-	25 %	straight line
Office Equipment	-	20 %	straight line
Fittings fixtures and equipment	-	33.3 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2022: 6 ).

5. Tangible assets


		£
	Cost
	At 1 February 2022 and 31 January 2023	83,458
		________
	Depreciation
	At 1 February 2022	79,950
	Charge for the year	1,653
		________
	At 31 January 2023	81,603
		________
	Carrying amount
	At 31 January 2023	1,855
		________
	At 31 January 2022	3,508
		________