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REGISTERED NUMBER: 04274662 (England and Wales)
















U&M Group Ltd

Unaudited Financial Statements

for the Year Ended 29th February 2024






U&M Group Ltd (Registered number: 04274662)






Contents of the Financial Statements
for the Year Ended 29th February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


U&M Group Ltd

Company Information
for the Year Ended 29th February 2024







Directors: D R Gakhar
M Gakhar





Registered office: Unit E3
Queens Road
Barnet
EN5 4DJ





Registered number: 04274662 (England and Wales)





Accountants: Playfair Partnerships Limited
4 Post Office Walk
Hertford
Hertfordshire
SG14 1DL

U&M Group Ltd (Registered number: 04274662)

Statement of Financial Position
29th February 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investments 4 1,604 1,604

Current assets
Debtors 5 123,781 123,781

Creditors
Amounts falling due within one year 6 59,640 59,640
Net current assets 64,141 64,141
Total assets less current liabilities 65,745 65,745

Capital and reserves
Called up share capital 51,602 51,602
Retained earnings 14,143 14,143
65,745 65,745

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 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 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th November 2024 and were signed on its behalf by:





D R Gakhar - Director


U&M Group Ltd (Registered number: 04274662)

Notes to the Financial Statements
for the Year Ended 29th February 2024

1. Statutory information

U&M Group 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.

Preparation of consolidated financial statements
The financial statements contain information about U&M Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Dividend income
Dividend income is recognised when the right to receive payment is established.

3. Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

U&M Group Ltd (Registered number: 04274662)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024

4. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1st March 2023
and 29th February 2024 1,604
Net book value
At 29th February 2024 1,604
At 28th February 2023 1,604

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Amounts owed by group undertakings 123,781 123,781

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 88 88
Other creditors 59,552 59,552
59,640 59,640

7. Secured debts

An unlimited intragroup guarantee exists between U & M Group Limited, M25 Scaffolding Limited, Bush Hill Construction Limited, U & M Piling Limited and Underpin & Makegood (Contracting) Limited to secure all liabilities of each other.

8. Related party disclosures

The company has taken advantage of the 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.