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REGISTERED NUMBER: 11670763 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Umbrella Brands Group Ltd

Umbrella Brands Group Ltd (Registered number: 11670763)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Umbrella Brands Group Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: S Bryant





REGISTERED OFFICE: Unit 17 Stirlin Business Park
185 Sadler Road
Lincoln
Lincolnshire
LN6 3AF





REGISTERED NUMBER: 11670763 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Umbrella Brands Group Ltd (Registered number: 11670763)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 147 147

CURRENT ASSETS
Debtors 5 208,062 231,154
Cash at bank 10,753 36,436
218,815 267,590
CREDITORS
Amounts falling due within one year 6 60,161 148,558
NET CURRENT ASSETS 158,654 119,032
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,801

119,179

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 158,800 119,178
SHAREHOLDERS' FUNDS 158,801 119,179

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

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

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:





S Bryant - Director


Umbrella Brands Group Ltd (Registered number: 11670763)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Umbrella Brands 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.

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

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

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 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.

3. EMPLOYEES AND DIRECTORS

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

Umbrella Brands Group Ltd (Registered number: 11670763)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 February 2023
and 31 January 2024 147
NET BOOK VALUE
At 31 January 2024 147
At 31 January 2023 147

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 69,900 231,154
Other debtors 138,162 -
208,062 231,154

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 37,261 -
Taxation and social security 21,520 32
Other creditors 1,380 148,526
60,161 148,558

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

8. RELATED PARTY DISCLOSURES

During the year, the company received money and made payments on behalf of TMG Media Limited, a company in which the director, S Bryant, is also a director. At the year end £69,900 (2023:£69,900) was owed by TMG Media Limited.

During the year, the company received money and made payments on behalf of Thoughtmix Online Services Ltd, a company in which the director, S Bryant, is also a director.. At the year end £37,260 (2023: -£161,254) was owed to Thoughtmix Online Services Ltd.