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REGISTERED NUMBER: 10786871 (England and Wales)















Financial Statements for the Year Ended 31st May 2023

for

UK Group Commercial Ltd

UK Group Commercial Ltd (Registered number: 10786871)






Contents of the Financial Statements
for the Year Ended 31st May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UK Group Commercial Ltd

Company Information
for the Year Ended 31st May 2023







DIRECTORS: Mr M J Filby
Miss K L Miller





REGISTERED OFFICE: Ground Floor
Southway House
29 Southway
Colchester
Essex
CO2 7BA





REGISTERED NUMBER: 10786871 (England and Wales)

UK Group Commercial Ltd (Registered number: 10786871)

Balance Sheet
31st May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,790 6,014

CURRENT ASSETS
Debtors 5 23,603 15,756
Cash at bank 21,629 17,864
45,232 33,620
CREDITORS
Amounts falling due within one year 6 29,342 28,046
NET CURRENT ASSETS 15,890 5,574
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,680

11,588

PROVISIONS FOR LIABILITIES 1,198 1,143
NET ASSETS 19,482 10,445

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,382 10,345
SHAREHOLDERS' FUNDS 19,482 10,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2023 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.

UK Group Commercial Ltd (Registered number: 10786871)

Balance Sheet - continued
31st May 2023


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 Board of Directors and authorised for issue on 15th February 2024 and were signed on its behalf by:




Mr M J Filby - Director



Miss K L Miller - Director


UK Group Commercial Ltd (Registered number: 10786871)

Notes to the Financial Statements
for the Year Ended 31st May 2023

1. STATUTORY INFORMATION

UK Group Commercial 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 - 25% on reducing balance
Motor vehicles - 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 3 (2022 - 3 ) .

UK Group Commercial Ltd (Registered number: 10786871)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st June 2022 800 15,000 - 15,800
Additions - - 359 359
At 31st May 2023 800 15,000 359 16,159
DEPRECIATION
At 1st June 2022 537 9,249 - 9,786
Charge for year 66 1,438 79 1,583
At 31st May 2023 603 10,687 79 11,369
NET BOOK VALUE
At 31st May 2023 197 4,313 280 4,790
At 31st May 2022 263 5,751 - 6,014

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 23,603 15,756

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,757 3,820
Taxation and social security 23,489 22,298
Other creditors 2,096 1,928
29,342 28,046

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.