UCG FINANCE LIMITED

Company Registration Number:
12453394 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

UCG FINANCE LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

UCG FINANCE LIMITED

Company Information

for the Period Ended 29 February 2024




Registered office: 181
Queen Victoria Street
London
England
EC4V 4EG
Company Registration Number: 12453394 (England and Wales)

UCG FINANCE LIMITED

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) ( 34,419 ) 146,615
Administrative Expenses ( 105,803 ) ( 107,546 )
Operating Profit or (Loss) ( 140,222 ) 39,069
Profit or (Loss) Before Tax ( 140,222 ) 39,069
Tax on Profit ( 696 ) ( 8,050 )
Profit or (Loss) for Period ( 140,918 ) 31,019

The notes form part of these financial statements

UCG FINANCE LIMITED

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 630,000 630,000
Total fixed assets: 630,000 630,000
Current assets
Cash at bank and in hand: 60,128 242,533
Total current assets: 60,128 242,533
Creditors: amounts falling due within one year: ( 223,159 ) ( 236,646 )
Net current assets (liabilities): ( 163,031 ) 5,887
Total assets less current liabilities: 466,969 635,887
Total net assets (liabilities): 466,969 635,887

The notes form part of these financial statements

UCG FINANCE LIMITED

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 28 28
Profit and loss account: 466,941 635,859
Shareholders funds: 466,969 635,887

For the year ending 29 February 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 October 2024
And Signed On Behalf Of The Board By:

Name: Arthur Hogarth
Status: Director

The notes form part of these financial statements

UCG FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

UCG FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

UCG FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

UCG FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 March 2023 630,000
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 29 February 2024 630,000
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 29 February 2024 -
    Net book value
    Net book value at 29 February 2024 630,000
    Net book value at 28 February 2023 630,000

    The intangible assets provide the working and permanent capital for Lindisfarne Partners LLP