Unionwide Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 13040894 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2023

for

Unionwide Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L A Roberts

REGISTERED OFFICE:

7 Broomfield Place

Standish

Wigan

WN6 0NJ

REGISTERED NUMBER:

13040894 (England and Wales)

ACCOUNTANTS:

M J Miller & Co. Ltd

Chartered Certified Accountants

56 Gidlow Lane

Gidlow

Wigan

Lancashire

WN6 7DP

FIXED ASSETS

Tangible assets

4

649

865

CURRENT ASSETS

Debtors

5

1,857

26,289

Cash at bank

14,409

19,026

16,266

45,315

CREDITORS

Amounts falling due within one year

6

835

1,183

NET CURRENT ASSETS

15,431

44,132

TOTAL ASSETS LESS CURRENT LIABILITIES

16,080

44,997

PROVISIONS FOR LIABILITIES

123

164

NET ASSETS

15,957

44,833

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

15,945

44,821

15,957

44,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 December 2023 and were signed by:

L A Roberts - Director

1.	STATUTORY INFORMATION

Unionwide 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.

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 etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2022

and 30 November 2023

1,538

DEPRECIATION

At 1 December 2022

673

Charge for year

216

At 30 November 2023

889

NET BOOK VALUE

At 30 November 2023

649

At 30 November 2022

865

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.23

30.11.22

£

£

Other debtors

1,857

26,289

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.23

30.11.22

£

£

Taxation and social security

-

433

Other creditors

835

750

835

1,183

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23

30.11.22

£

£

L A Roberts

Balance outstanding at start of year

26,088

100,013

Amounts advanced

-

26,088

Amounts repaid

(26,088

)

(100,013

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

26,088