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REGISTERED NUMBER: 14045123 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Utsaha Group Limited

Utsaha Group Limited (Registered number: 14045123)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Utsaha Group Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr Iyngaran Muniandy





REGISTERED OFFICE: Central Office, Cobweb Buildings
The Lane
Lyford
Wantage
Oxfordshire
OX12 0EE





REGISTERED NUMBER: 14045123 (England and Wales)





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

Utsaha Group Limited (Registered number: 14045123)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 1,565 2,348
Investments 5 405,320 405,320
406,885 407,668

CURRENT ASSETS
Debtors 6 2,424,530 1,303,998
Cash at bank 2,954 829
2,427,484 1,304,827
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

7

(2,882,156

)

(1,727,099

)
NET CURRENT LIABILITIES (454,672 ) (422,272 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(47,787

)

(14,604

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (48,787 ) (15,604 )
(47,787 ) (14,604 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Utsaha Group Limited (Registered number: 14045123)

Balance Sheet - continued
30 April 2024


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 Income Statement has not been delivered.

Approved and authorised by the director and authorised for issue on 31 May 2024 and were signed by:





Mr Iyngaran Muniandy - Director


Utsaha Group Limited (Registered number: 14045123)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Utsaha Group 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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 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.

3. EMPLOYEES AND DIRECTORS

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

Utsaha Group Limited (Registered number: 14045123)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 May 2023
and 30 April 2024 3,131
AMORTISATION
At 1 May 2023 783
Amortisation for year 783
At 30 April 2024 1,566
NET BOOK VALUE
At 30 April 2024 1,565
At 30 April 2023 2,348

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 405,320
NET BOOK VALUE
At 30 April 2024 405,320
At 30 April 2023 405,320

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 889 -

Amounts falling due after more than one year:
Amounts owed by group undertakings 2,423,641 1,303,998

Aggregate amounts 2,424,530 1,303,998

Utsaha Group Limited (Registered number: 14045123)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (1 ) -
Other creditors 2,882,157 1,727,099
2,882,156 1,727,099

8. RELATED PARTY DISCLOSURES

The company owns shares in the companies detailed below:-

Utsaha Education Limited
MC Falcon Investments UK Limited


The company is owed the following amounts from related parties:-

Utsaha Education Limited - £1,010,329
MC Falcon Investments UK Limited - £1,413,311


Iyngaran Muniandy is a Director of both Utsaha Group Limited and MC Falcon Investments UK Limited.