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REGISTERED NUMBER: 15259528 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 3 NOVEMBER 2023 TO 30 NOVEMBER 2024

FOR

NGM VENTURE GROUP LTD

NGM VENTURE GROUP LTD (REGISTERED NUMBER: 15259528)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 3 NOVEMBER 2023 TO 30 NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

NGM VENTURE GROUP LTD

COMPANY INFORMATION
FOR THE PERIOD 3 NOVEMBER 2023 TO 30 NOVEMBER 2024







DIRECTOR: Mr A C Ng Monica





REGISTERED OFFICE: St James' Hall
Mill Road
Lancing
West Sussex
BN15 0PT





REGISTERED NUMBER: 15259528 (England and Wales)





ACCOUNTANTS: Peter Jarman LLP
trading as
Peter Jarman & Company
St James' Hall
Mill Road
Lancing
West Sussex
BN15 0PT

NGM VENTURE GROUP LTD (REGISTERED NUMBER: 15259528)

BALANCE SHEET
30 NOVEMBER 2024

Notes £   
FIXED ASSETS
Tangible assets 4 7,138

CURRENT ASSETS
Debtors 5 22,314
Cash at bank 15,816
38,130
CREDITORS
Amounts falling due within one year 6 (29,519 )
NET CURRENT ASSETS 8,611
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,749

PROVISIONS FOR LIABILITIES 7 (1,356 )
NET ASSETS 14,393

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 14,392
14,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2025 and were signed by:



Mr A C Ng Monica - Director


NGM VENTURE GROUP LTD (REGISTERED NUMBER: 15259528)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 3 NOVEMBER 2023 TO 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Ngm Venture 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates.

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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

NGM VENTURE GROUP LTD (REGISTERED NUMBER: 15259528)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 3 NOVEMBER 2023 TO 30 NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 9,111
At 30 November 2024 9,111
DEPRECIATION
Charge for period 1,973
At 30 November 2024 1,973
NET BOOK VALUE
At 30 November 2024 7,138

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by group undertakings 22,000
Other debtors 314
22,314

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 1,445
Taxation and social security 40
Other creditors 28,034
29,519

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax 1,356

Deferred
tax
£   
Capital allowance in advance
of depreciation 1,356
Balance at 30 November 2024 1,356

NGM VENTURE GROUP LTD (REGISTERED NUMBER: 15259528)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 3 NOVEMBER 2023 TO 30 NOVEMBER 2024

8. RELATED PARTY DISCLOSURES

Daily Body Coach Limited

A company in which Mr A C Ng Monica is a director


NGM Venture Group is the parent company of Daily Body Coach Ltd, in which Mr A C Ng Monica has ultimate control.

£   
Amount due to related party at the balance sheet date 1,445

Far Ventures Ltd

A company in which Mr A C Ng Monica is a director


NGM Venture Group is the parent company of FAR Ventures Ltd, in which Mr A C Ng Monica has ultimate control.

£   
Amount due from related party at the balance sheet date 22,000

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
NGM VENTURE GROUP LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ngm Venture Group Ltd for the period ended 30 November 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Ngm Venture Group Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ngm Venture Group Ltd and state those matters that we have agreed to state to the director of Ngm Venture Group Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Ngm Venture Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ngm Venture Group Ltd. You consider that Ngm Venture Group Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Ngm Venture Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Peter Jarman LLP
trading as
Peter Jarman & Company
St James' Hall
Mill Road
Lancing
West Sussex
BN15 0PT


24 July 2025