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REGISTERED NUMBER: 11592504 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Period 1 August 2022 to 31 January 2024

for

UBSEND Limited

UBSEND Limited (Registered number: 11592504)






Contents of the Financial Statements
for the Period 1 August 2022 to 31 January 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Other Comprehensive Income 4

Balance Sheet 5

Statement of Changes in Equity 6

Notes to the Financial Statements 7


UBSEND Limited

Company Information
for the Period 1 August 2022 to 31 January 2024







DIRECTOR: F A Raza





REGISTERED OFFICE: Unit A
Fashion Street
London
E1 6PX





REGISTERED NUMBER: 11592504 (England and Wales)






UBSEND Limited (Registered number: 11592504)

Report of the Director
for the Period 1 August 2022 to 31 January 2024

The director presents his report with the financial statements of the company for the period 1 August 2022 to 31 January 2024.

CESSATION OF TRADING
The company ceased trading on 31 January 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the period under review was that of being a holding company.

DIRECTOR
F A Raza held office during the whole of the period from 1 August 2022 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES
The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





F A Raza - Director


27 February 2024

UBSEND Limited (Registered number: 11592504)

Income Statement
for the Period 1 August 2022 to 31 January 2024

Period
1.8.22
to Year Ended
31.1.24 31.7.22
Notes £    £   

TURNOVER - 2,770

Administrative expenses 4,249 2,770
OPERATING LOSS (4,249 ) -

Interest receivable and similar income 4,251 -
PROFIT BEFORE TAXATION 2 -

Tax on profit 4 - -
PROFIT FOR THE FINANCIAL PERIOD 2 -

UBSEND Limited (Registered number: 11592504)

Other Comprehensive Income
for the Period 1 August 2022 to 31 January 2024

Period
1.8.22
to Year Ended
31.1.24 31.7.22
Notes £    £   

PROFIT FOR THE PERIOD 2 -


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE PERIOD

2

-

UBSEND Limited (Registered number: 11592504)

Balance Sheet
31 January 2024

2024 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 1 274,211
Cash at bank - 799
1 275,010
CREDITORS
Amounts falling due within one year 6 - 1,075
NET CURRENT ASSETS 1 273,935
TOTAL ASSETS LESS CURRENT
LIABILITIES

1

273,935

CAPITAL AND RESERVES
Called up share capital 7 1 200,000
Retained earnings - 73,935
SHAREHOLDERS' FUNDS 1 273,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 27 February 2024 and were signed by:





F A Raza - Director


UBSEND Limited (Registered number: 11592504)

Statement of Changes in Equity
for the Period 1 August 2022 to 31 January 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 August 2021 200,000 73,935 273,935

Changes in equity
Balance at 31 July 2022 200,000 73,935 273,935

Changes in equity
Capital reduction (199,999 ) 199,999 -
Dividends - (273,936 ) (273,936 )
Total comprehensive income - 2 2
Balance at 31 January 2024 1 - 1

UBSEND Limited (Registered number: 11592504)

Notes to the Financial Statements
for the Period 1 August 2022 to 31 January 2024

1. STATUTORY INFORMATION

UBSEND 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

Investments in associates
Investments in associate undertakings are recognized at cost less any provision for impairment.

Debtors
Debtors are valued individually and there are made provisions according to this valuation.

Creditors
Creditors are carried at payment or settlement amounts. Where the time value of money is material, creditors are carried at amortized cost.

3. EMPLOYEES AND DIRECTORS

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

UBSEND Limited (Registered number: 11592504)

Notes to the Financial Statements - continued
for the Period 1 August 2022 to 31 January 2024

4. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the period ended 31 January 2024 nor for the year ended 31 July 2022.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Amounts owed by group undertakings 1 239,295
Other debtors - 34,316
VAT - 600
1 274,211

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Other creditors - 1,075

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2022
value: £    £   
1 Normal 1 1 200,000

8. ULTIMATE CONTROLLING PARTY

The directors consider Heartland A/S (incorporated in Denmark) as the ultimate parent company.

The immediate parent undertaking is UBSEND A/S (incorporated in Denmark).

Heartland A/S (incorporated in Denmark) is the smallest group to consolidate these financial statements and copies can be obtained from:

Heartland A/S
Store Torv 1, 3.
8000 Aarhus C
Denmark