UTG LIMITED

Company Registration Number:
11366098 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

UTG LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

UTG LIMITED

Company Information

for the Period Ended 31 May 2024




Registered office: 28
Crosshands Business Workshops
Cross Hands
Llanelli
GB-WLS
SA14 6RE
Company Registration Number: 11366098 (England and Wales)

UTG LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 252,596 643
Total fixed assets: 252,596 643
Current assets
Stocks: 0 0
Debtors: 132,226 7,458
Cash at bank and in hand: 76,445 0
Total current assets: 208,671 7,458
Prepayments and accrued income: 676,067 0
Creditors: amounts falling due within one year: ( 626,996 ) ( 3,815 )
Net current assets (liabilities): 257,742 3,643
Total assets less current liabilities: 510,338 4,286
Creditors: amounts falling due after more than one year: ( 168 )
Provision for liabilities: ( 0 )
Total net assets (liabilities): 510,338 4,118

The notes form part of these financial statements

UTG LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 510,238 4,018
Shareholders funds: 510,338 4,118

For the year ending 31 May 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 13 April 2025
And Signed On Behalf Of The Board By:

Name: Susan Harries
Status: Director

The notes form part of these financial statements

UTG LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 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

UTG LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 1

UTG LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

UTG LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 643
Additions 275,300
Disposals -
Revaluations -
Transfers -
At 31 May 2024 275,943
Depreciation
At 01 June 2023 0
Charge for year 22,704
On disposals -
Other adjustments 643
At 31 May 2024 23,347
Net book value
At 31 May 2024 252,596
At 31 May 2023 643