TAI UNITED MANAGEMENT COMPANY LIMITED


Director	PANG, Dayong


Registered Address	9 Buckingham Gate
	London
	SW1E 6JP


Registered Number	10434260 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		338		501
			338		501
Current assets
Debtors		877		205
Cash at bank and on hand		11,272		1,684
		12,149		1,889
Creditors amounts falling due within one year		(2,889,789)		(2,812,352)
Net current assets (liabilities)			(2,877,640)		(2,810,463)
Total assets less current liabilities			(2,877,302)		(2,809,962)
Net assets			(2,877,302)		(2,809,962)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(2,877,303)		(2,809,963)
Shareholders' funds			(2,877,302)		(2,809,962)

The company was entitled to exemption from audit for this reporting period 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2025, and are signed on its behalf by:

PANG, Dayong
Director
Registered Company No. 10434260

TAI UNITED MANAGEMENT COMPANY LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	These financial statements have been prepared in accordance with the provisions of section 1A ‘’Small Entities’’ of FRS 102 ‘’ The Financial Reporting Standard applicable in the UK and Republic of Ireland’’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The company’s financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future on the grounds that the Director will continue to financially support the company until such time has the business achieves financial viability. The company financial statements do not reflect any adjustments that would be required if they were to be prepared on a basis other than the going concern basis.

Going concern

These financial statements have been prepared in accordance with the provisions of section 1A ‘’Small Entities’’ of FRS 102 ‘’ The Financial Reporting Standard applicable in the UK and Republic of Ireland’’ and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.

The company’s financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future on the grounds that the Director will continue to financially support the company until such time has the business achieves financial viability. The company financial statements do not reflect any adjustments that would be required if they were to be prepared on a basis other than the going concern basis.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. 

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	3

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	3		5

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	8,124
	At 31 December 24	8,124
	Depreciation and impairment
	At 01 January 24	7,623
	Charge for year	163
	At 31 December 24	7,786
	Net book value
	At 31 December 24	338
	At 31 December 23	501

4.	Fixed asset investments

5.	Events after reporting date
	The directors have evaluated events occurring after the balance-sheet date up to the date these financial statements were authorised for issue. On 20 May 2025, two associated companies, MRB Residential Limited and RCBG Residential (UK) Limited, were formally dissolved at Companies House. These dissolutions occurred after the year end and do not provide evidence of conditions that existed at the balance-sheet date. Accordingly, no adjustment has been made to these financial statements.

Events after reporting date

The directors have evaluated events occurring after the balance-sheet date up to the date these financial statements were authorised for issue.

On 20 May 2025, two associated companies, MRB Residential Limited and RCBG Residential (UK) Limited, were formally dissolved at Companies House.

These dissolutions occurred after the year end and do not provide evidence of conditions that existed at the balance-sheet date. Accordingly, no adjustment has been made to these financial statements.

6.	Related party transactions
	The company was under the control of Wide Flourish Investments Limited throughout the current and preceding financial years. As at 31 December 2024, the balances owing to/by the associated companies are as follows: owed by/(owing to) MRB Residential Limited £34,680 MRB Residential Partners LLP (£1,023,747) RCBG Residential (UK) Ltd £28,979 Wide Flourish Ltd £446,360 Tai United Holdings Ltd (1,356,023)

Related party transactions

The company was under the control of Wide Flourish Investments Limited throughout the current and preceding financial years.

As at 31 December 2024, the balances owing to/by the associated companies are as follows:

                                                                 owed by/(owing to)                                                                     
MRB Residential Limited                                      £34,680
MRB Residential Partners LLP                       (£1,023,747)
RCBG Residential (UK) Ltd                                  £28,979
Wide Flourish Ltd                                                £446,360
Tai United Holdings Ltd                                     (1,356,023)

7.	Controlling party
	In the opinion of the directors, the immediate parent company is Wide Flourish Investments Limited and the ultimate controlling party is Tai United Holdings Limited. The group companies is headed and consolidated by Tai United Holdings Limited, incorporated in Bermuda. The consolidated financial statements of the group companies can be obtained from Room 4202-03A, 42/F, China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong.

Controlling party

In the opinion of the directors, the immediate parent company is Wide Flourish Investments Limited and the ultimate controlling party is Tai United Holdings Limited. The group companies is headed and consolidated by Tai United Holdings Limited, incorporated in Bermuda. The consolidated financial statements of the group companies can be obtained from Room 4202-03A, 42/F, China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong.