Company Registration No. 07462594 (England and Wales)
Unis London Limited
Unaudited accounts
for the year ended 31 December 2017
Unis London Limited
Unaudited accounts
Contents
Unis London Limited
Company Information
for the year ended 31 December 2017
Company Number
07462594 (England and Wales)
Registered Office
280 GREEN STREET
LONDON
E7 8LF
ENGLAND
Unis London Limited
Statement of financial position
as at 31 December 2017
Intangible assets
9,000
10,000
Tangible assets
11,995
10,939
Inventories
1,140,000
1,018,000
Cash at bank and in hand
108,027
743
Creditors: amounts falling due within one year
(1,046,830)
(1,025,722)
Net current assets/(liabilities)
201,197
(6,979)
Total assets less current liabilities
222,192
13,960
Creditors: amounts falling due after more than one year
(194,308)
-
Called up share capital
100
100
Profit and loss account
27,784
13,860
Shareholders' funds
27,884
13,960
For the year ending 31 December 2017 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.
Approved by the Board on 30 September 2018.
Mr M Younis
Director
Company Registration No. 07462594
Unis London Limited
Notes to the Accounts
for the year ended 31 December 2017
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is written off in equal annual installments over its estimated useful economic life of 10 years.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Goodwill
At 31 December 2017
10,000
At 31 December 2016
10,000
Unis London Limited
Notes to the Accounts
for the year ended 31 December 2017
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2017
1,379
21,117
22,496
At 31 December 2017
1,379
25,172
26,551
At 1 January 2017
880
10,677
11,557
Charge for the year
100
2,899
2,999
At 31 December 2017
980
13,576
14,556
At 31 December 2017
399
11,596
11,995
At 31 December 2016
499
10,440
10,939
Finished goods
1,140,000
1,018,000
7
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
64,884
7,212
Trade creditors
216,866
41,642
Taxes and social security
44,190
39,424
Other creditors
8,223
81,141
Loans from directors
712,667
856,303
8
Creditors: amounts falling due after more than one year
2017
2016
9
Average number of employees
During the year the average number of employees was 12 (2016: 8).
