REGISTERED NUMBER: 09430087 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

UE GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I R Hughes

S J Wright

Mrs T Hughes

Mrs R A Wright

REGISTERED OFFICE:

Venture Court

2 Debdale Road

Wellingborough

Northamptonshire

NN8 5AA

REGISTERED NUMBER:

09430087 (England and Wales)

ACCOUNTANTS:

ISIS Business Solutions (Northants) LLP

Venture Court

2 Debdale Road

Wellingborough

Northamptonshire

NN8 5AA

FIXED ASSETS

Intangible assets

4

130,000

140,000

Tangible assets

5

287,804

242,201

417,804

382,201

CURRENT ASSETS

Stocks

450,000

450,000

Debtors

6

1,730,037

1,662,949

Investments

7

40,000

40,000

Cash at bank and in hand

781,524

455,911

3,001,561

2,608,860

CREDITORS

Amounts falling due within one year

8

1,108,530

1,136,366

NET CURRENT ASSETS

1,893,031

1,472,494

TOTAL ASSETS LESS CURRENT LIABILITIES

2,310,835

1,854,695

CREDITORS

Amounts falling due after more than one year

9

2,217

32,209

NET ASSETS

2,308,618

1,822,486

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,308,617

1,822,485

SHAREHOLDERS' FUNDS

2,308,618

1,822,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

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 16th December 2025 and were signed on its behalf by:

I R Hughes - Director

1.	STATUTORY INFORMATION

UE 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 as modified by the revaluation of certain assets.

Turnover

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

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.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

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

-

25% on reducing balance and 10% on reducing balance

Fixtures and fittings

-

25% on reducing balance and 10% on reducing balance

Motor vehicles

-

25% on reducing balance and 10% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 43 (2024 - 51 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st April 2024

and 31st March 2025

200,000

AMORTISATION

At 1st April 2024

60,000

Charge for year

10,000

At 31st March 2025

70,000

NET BOOK VALUE

At 31st March 2025

130,000

At 31st March 2024

140,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST OR VALUATION

At 1st April 2024

40,120

52,899

33,016

Additions

-

4,859

-

At 31st March 2025

40,120

57,758

33,016

DEPRECIATION

At 1st April 2024

-

15,166

5,345

Charge for year

-

3,918

342

At 31st March 2025

-

19,084

5,687

NET BOOK VALUE

At 31st March 2025

40,120

38,674

27,329

At 31st March 2024

40,120

37,733

27,671

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST OR VALUATION

At 1st April 2024

225,243

22,214

373,492

Additions

62,690

1,974

69,523

At 31st March 2025

287,933

24,188

443,015

DEPRECIATION

At 1st April 2024

97,095

13,685

131,291

Charge for year

17,251

2,409

23,920

At 31st March 2025

114,346

16,094

155,211

NET BOOK VALUE

At 31st March 2025

173,587

8,094

287,804

At 31st March 2024

128,148

8,529

242,201

Cost or valuation at 31st March 2025 is represented by:

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

Valuation in 2023

-

11,044

-

Cost

40,120

46,714

33,016

40,120

57,758

33,016

Motor

Computer

vehicles

equipment

Totals

£

£

£

Valuation in 2023

48,686

-

59,730

Cost

239,247

24,188

383,285

287,933

24,188

443,015

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,100,674

1,085,367

Other debtors

629,363

577,582

1,730,037

1,662,949

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Other Investments

40,000

40,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

27,701

64,418

Hire purchase contracts

18,096

5,645

Trade creditors

306,165

121,931

Amounts owed to group undertakings

634,345

581,037

Taxation and social security

99,924

312,036

Other creditors

22,299

51,299

1,108,530

1,136,366

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

32,209

Hire purchase contracts

2,217

-

2,217

32,209

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date included in other debtors is an amount owing from the director to the company of £336,244 (2024 - £369,025). Interest amounting to £9,474 (2024 - £7,786) was charged on the loan.

11.	RELATED PARTY DISCLOSURES

Included within other creditors is an amount due of £184,102 (2024: £184,102) to Universal Engineering (Midlands) Limited, an amount of £339,230 (2024: £305,922) to UE Equipment Hire Limited, £25,014 to UE Chassis Ltd and £85,999 (2024: £65,999) to UE Group Holdings Limited, all of which are connected companies.

The company was charged £40,000 (2024: £40,000) for hire of machinery within the year from UE Equipment Hire Limited, a connected company.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is I R Hughes.