Company Registration No. 10176074 (England and Wales)
US GROUP LTD
Unaudited accounts for filing with the registrar
for the year ended 31 May 2024
US GROUP LTD
Unaudited accounts for filing with the registrar
Contents
US GROUP LTD
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
97,357
95,591
Creditors: amounts falling due within one year
(2,705)
(2,813)
Net current assets
94,652
92,778
Called up share capital
1
1
Profit and loss account
94,651
93,758
Shareholders' funds
94,652
93,759
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 the year 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 January 2025 and were signed on its behalf by
Emir Uzeirbegovic
Director
Company Registration No. 10176074
US GROUP LTD
Notes to the Accounts
for the year ended 31 May 2024
US GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 10176074. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line
4
Tangible fixed assets
Total
5
Transactions with related parties
At 31 May 2024 there were loans owing to directors of £1,152 (2023: £1631). The loans are interest free and repayable on demand.
6
Average number of employees
During the year the average number of employees was 1 (2023: 0).