Uniglore Limited - Accounts to registrar (filleted) - small 18.2

Uniglore Limited - Accounts to registrar (filleted) - small 18.2

UNIGLORE LIMITED - Company Information

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REGISTERED NUMBER: 01999541 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

UNIGLORE LIMITED
UNIGLORE LIMITED (REGISTERED NUMBER: 01999541)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021




Page

Company information 1

Abridged balance sheet 2

Notes to the financial statements 4


UNIGLORE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2021







DIRECTORS: Iqbal Dhadwal
Veena Dhadwal





SECRETARY: Veena Dhadwal





REGISTERED OFFICE: 1-2 Craven Road
London
W5 2UA





REGISTERED NUMBER: 01999541 (England and Wales)





ACCOUNTANTS: Johnsons, Chartered Accountants
1-2 Craven Road
Ealing
London
W5 2UA
Page 1
UNIGLORE LIMITED (REGISTERED NUMBER: 01999541)

ABRIDGED BALANCE SHEET
31 MARCH 2021

2021 2020
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 713 950
713 950

CURRENT ASSETS
Stocks 24,947 21,209
Debtors 181,920 153,542
Cash at bank and in hand 24,086 51
230,953 174,802
CREDITORS
Amounts falling due within one year (156,477 ) (175,503 )
NET CURRENT ASSETS/(LIABILITIES) 74,476 (701 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
75,189
249

CREDITORS
Amounts falling due after more than one
year
(74,468
)
-
NET ASSETS 721 249

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 621 149
SHAREHOLDERS' FUNDS 721 249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 notes form part of these financial statements

Page 2 continued...
UNIGLORE LIMITED (REGISTERED NUMBER: 01999541)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance sheet for the year ended 31 March 2021 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 5 March 2022 and were signed on its behalf by:





Iqbal Dhadwal - Director


The notes form part of these financial statements

Page 3
UNIGLORE LIMITED (REGISTERED NUMBER: 01999541)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021

1. STATUTORY INFORMATION

Uniglore 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.

TURNOVER
Turnover represents sales of goods and services, excluding value added tax.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 1986, is being amortised over 10 years on a straight line basis.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Improvements to property 10% on cost (from 01.04.2006)
Fixtures and fittings 25% on reducing balance
Motor vehicles 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - 2 ).

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2020
and 31 March 2021 36,000
AMORTISATION
At 1 April 2020
and 31 March 2021 36,000
NET BOOK VALUE

At 31 March 2021 -
At 31 March 2020 -

Page 4 continued...
UNIGLORE LIMITED (REGISTERED NUMBER: 01999541)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2021

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2020
and 31 March 2021 95,335
DEPRECIATION
At 1 April 2020 94,385
Charge for year 237
At 31 March 2021 94,622
NET BOOK VALUE
At 31 March 2021 713
At 31 March 2020 950

6. SECURED DEBTS

The following secured debts are included within creditors:

2021 2020
£    £   
Bank overdraft - 23,448
Bank loan 37,025 16,021
37,025 39,469

The bank loan is secured by a debenture dated 28 September 2005 in favour of National Westminster Bank plc.

The bank loans are repayable in monthly instalments.

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors owed the company £73,635 at 31.03.2021 (2020: £53,995).

8. RELATED PARTY DISCLOSURES

The company paid rent to Iqbal Dhadwal for the year ending 31 March 2021 amounting to £18,000 (2020: £18,000).

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