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Company registration number: 12085943
UK Coatings Group Limited
Unaudited filleted financial statements
31 December 2024
THE BARKER PARTNERSHIP
Chartered Accountants
Thirsk
UK Coatings Group Limited
Contents
Directors and other information
Accountants report
Balance sheet
Notes to the financial statements
UK Coatings Group Limited
Directors and other information

| Directors | A A A Sheibani
|  | A A A Sheibani
|  | O A A Sheibani
| Company number | 12085943
| Registered office | The Paint Works
|  | Cakemore Road
|  | Rowley Regis
|  | West Midlands
|  | B65 0RD
| Accountants | The Barker Partnership
|  | 17 Central Buildings
|  | Market Place
|  | Thirsk
|  | North Yorkshire
|  | YO7 1HD

UK Coatings Group Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of UK Coatings Group Limited
Year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of UK Coatings Group Limited for the year ended 31 December 2024 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of UK Coatings Group Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of UK Coatings Group Limited and state those matters that we have agreed to state to the board of directors of UK Coatings Group Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than UK Coatings Group Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that UK Coatings Group Limited 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 UK Coatings Group Limited. You consider that UK Coatings Group Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of UK Coatings Group Limited. 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.
The Barker Partnership
Chartered Accountants
17 Central Buildings
Market Place
Thirsk
North Yorkshire
YO7 1HD
16 September 2025
UK Coatings Group Limited
Balance sheet
31 December 2024

|  |  | 2024 |  |  |  | 2023 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Investments |  | 4 | 5,888,325 |  |  |  | 5,888,325 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 5,888,325 |  |  |  | 5,888,325
Current assets |  |  |  |  |  |  |  |  |
Cash at bank and in hand |  |  | 379 |  |  |  | 139 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 379 |  |  |  | 139 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 5 | ( 28,244) |  |  |  | ( 28,394) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current liabilities |  |  |  |  | ( 27,865) |  |  |  | ( 28,255)
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 5,860,460 |  |  |  | 5,860,070
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 6 |  |  | ( 5,861,816) |  |  |  | ( 5,861,816)
|  |  |  |  | _______ |  |  |  | _______
Net liabilities |  |  |  |  | ( 1,356) |  |  |  | ( 1,746)
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 101 |  |  |  | 101
Profit and loss account |  |  |  |  | ( 1,457) |  |  |  | ( 1,847)
|  |  |  |  | _______ |  |  |  | _______
Shareholder deficit |  |  |  |  | ( 1,356) |  |  |  | ( 1,746)
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 16 September 2025 , and are signed on behalf of the board by:
A A A Sheibani
Director
Company registration number: 12085943
UK Coatings Group Limited
Notes to the financial statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is UK Coatings Group Limited, The Paint Works, Cakemore Road, Rowley Regis, West Midlands, B65 0RD.
The principal activity of the company continued to be that of an investment holding company of a trading group.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
4. Investments

|  | Shares in group undertakings and participating interests | Total |  |  |  |
|  | £ | £ |  |  |  |
| Cost |  |  |  |  |  |
| At 1 January 2024 and 31 December 2024 | 5,888,325 | 5,888,325 |  |  |  |
|  | _______ | _______ |  |  |  |
| Impairment |  |  |  |  |  |
| At 1 January 2024 and 31 December 2024 | - | - |  |  |  |
|  | _______ | _______ |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 31 December 2024 | 5,888,325 | 5,888,325 |  |  |  |
|  | _______ | _______ |  |  |  |
| At 31 December 2023 | 5,888,325 | 5,888,325 |  |  |  |
|  | _______ | _______ |  |  |  |

5. Creditors: amounts falling due within one year

|  |  | 2024 | 2023
|  |  | £ | £
| Trade creditors |  | 21,409 | 21,409
| Amounts owed to group undertakings |  | 6,835 | 6,335
| Other creditors |  | - | 650
|  |  | _______ | _______
|  |  | 28,244 | 28,394
|  |  | _______ | _______

6. Creditors: amounts falling due after more than one year

|  |  | 2024 | 2023
|  |  | £ | £
| Other creditors |  | 5,861,816 | 5,861,816
|  |  | _______ | _______

7. Related party transactions
Mr A Sheibani, a director and shareholder, has made a loan to the company of £1,203,128 (2023: £1, 203,128). The loan is unsecured, interest free and has no fixed repayment term.
As at 31 December 2024 the company owed £4,686,932 (2023: £4,686,432) to companies associated with Mr Sheibani. The amounts are unsecured, interest free and have no fixed repayment terms.