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REGISTERED NUMBER: 10084467 (England and Wales)















Financial Statements for the Period 1 April 2024 to 31 July 2024

for

383 Group Limited

383 Group Limited (Registered number: 10084467)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


383 Group Limited

Company Information
for the Period 1 April 2024 to 31 July 2024







DIRECTORS: A Chinnaraja
S S Dehal





REGISTERED OFFICE: 167-169 Great Portland Street
5th Floor
London
W1W 5PF





REGISTERED NUMBER: 10084467 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

383 Group Limited (Registered number: 10084467)

Balance Sheet
31 July 2024

31.7.24 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 116,905 -
Tangible assets 5 2,937 -
Investments 6 - 100
119,842 100

CURRENT ASSETS
Debtors 7 87,482 488
Cash at bank 63,931 -
151,413 488
CREDITORS
Amounts falling due within one year 8 126,526 -
NET CURRENT ASSETS 24,887 488
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,729

588

CAPITAL AND RESERVES
Called up share capital 230 92
Share premium 150,340 478
Capital redemption reserve 18 18
Retained earnings (5,859 ) -
SHAREHOLDERS' FUNDS 144,729 588

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

383 Group Limited (Registered number: 10084467)

Balance Sheet - continued
31 July 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.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:





S S Dehal - Director


383 Group Limited (Registered number: 10084467)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 July 2024

1. STATUTORY INFORMATION

383 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.

The company is considered a going concern due to the support of its directors and shareholders.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover includes revenue earned from the provision of services and is recognised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiaries are subject to an annual impairment review.

After initial recognition at cost, investments are measured at cost less any accumulated impairment losses.

Financial instruments
Basic financial instruments are recognised at amortised cost. Derivative financial instruments are initially recorded at cost and thereafter at fair value with charges recognised in profit or loss.

Taxation
Taxation for the period 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.


383 Group Limited (Registered number: 10084467)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 July 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2024 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 117,887
At 31 July 2024 117,887
AMORTISATION
Charge for period 982
At 31 July 2024 982
NET BOOK VALUE
At 31 July 2024 116,905

383 Group Limited (Registered number: 10084467)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 July 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 3,000
At 31 July 2024 3,000
DEPRECIATION
Charge for period 63
At 31 July 2024 63
NET BOOK VALUE
At 31 July 2024 2,937

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024 100
Impairments (100 )
At 31 July 2024 -
NET BOOK VALUE
At 31 July 2024 -
At 31 March 2024 100

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.3.24
£    £   
Other debtors 87,482 488

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.3.24
£    £   
Trade creditors 3,059 -
Taxation and social security 44,908 -
Other creditors 78,559 -
126,526 -

9. SECURED DEBTS

Santander UK PLC holds a fixed and floating charge over the all the property and undertakings of the company.