| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024 |
| FOR |
| UFBG UK LIMITED |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024 |
| FOR |
| UFBG UK LIMITED |
| UFBG UK LIMITED (REGISTERED NUMBER: 14898066) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024 |
| Page |
| Company information | 1 |
| Balance sheet | 2 |
| Notes to the financial statements | 3 |
| UFBG UK LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Senior statutory auditor: |
| Auditors: |
| 3 Southernhay West |
| Exeter |
| Devon |
| EX1 1JG |
| UFBG UK LIMITED (REGISTERED NUMBER: 14898066) |
| BALANCE SHEET |
| 31 MAY 2024 |
| Notes | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| ( |
) |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| UFBG UK LIMITED (REGISTERED NUMBER: 14898066) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024 |
| 1. | STATUTORY INFORMATION |
| UFBG UK Limited is a |
| The company’s functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of 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. |
| Significant judgements and estimates |
| The financial statements do not include any significant judgements or estimates. |
| Financial instruments |
| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments. |
| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. |
| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
| Classification of financial liabilities |
| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. |
| Basic financial liabilities |
| Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Going concern |
| The company is reliant on the parent entity for financial support. The parent company has confirmed that it will continue to provide this support for the foreseeable future. Consequently the directors believe that the financial statements can be prepared on a going concern basis. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL. |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Other debtors |
| UFBG UK LIMITED (REGISTERED NUMBER: 14898066) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 26 MAY 2023 TO 31 MAY 2024 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Bank loans and overdrafts |
| Amounts owed to group undertakings |
| Other creditors |
| 6. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the auditors was unqualified. |
| for and on behalf of |
| 7. | ULTIMATE CONTROLLING PARTY |
| The immediate parent is UFBG BV, incorporated in the Netherlands. The ultimate parent is West Coast Companies BV, also incorporated in the Netherlands. |
| The group's address is Admiraal Banckertweg 12, Leiden, Netherlands. |