REGISTERED NUMBER: 13722381 (England and Wales)

U ENERGY GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

F S Gohir

REGISTERED OFFICE:

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

REGISTERED NUMBER:

13722381 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Tangible assets

4

476,117

476,117

Investments

5

250

160

476,367

476,277

CURRENT ASSETS

Debtors

6

140,704

182,557

Cash at bank

4,849

2,760

145,553

185,317

CREDITORS

Amounts falling due within one year

7

(403,608

)

(476,377

)

NET CURRENT LIABILITIES

(258,055

)

(291,060

)

TOTAL ASSETS LESS CURRENT LIABILITIES

218,312

185,217

CAPITAL AND RESERVES

Called up share capital

72

72

Retained earnings

218,240

185,145

SHAREHOLDERS' FUNDS

218,312

185,217

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 December 2025 and were signed by:

F S Gohir - Director

1.	STATUTORY INFORMATION

U Energy 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including other creditors and accruals, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

Taxation

Taxation for the year comprises current. 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

and 31 March 2025

476,117

NET BOOK VALUE

At 31 March 2025

476,117

At 31 March 2024

476,117

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

160

Additions

180

Disposals

(90

)

At 31 March 2025

250

NET BOOK VALUE

At 31 March 2025

250

At 31 March 2024

160

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,500

-

Other debtors

136,204

182,557

140,704

182,557

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

160

Amounts owed to group undertakings

399,450

439,450

Taxation and social security

2,710

36,166

Other creditors

1,448

601

403,608

476,377

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

F S Gohir

Balance outstanding at start of year

148,718

34,912

Amounts advanced

2,921

148,806

Amounts repaid

(50,180

)

(35,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

101,459

148,718

9.	RELATED PARTY DISCLOSURES

Loans owing to the company by the directors of £101,459 (2024 - £148,718) were outstanding at the year end, the amounts are repayable on demand. The loan was undertaken under normal market conditions.

Loans owing to U Energy (Yorkshire) Limited of £399,450 (2024 - £439,450) were outstanding at the year end, a company in which U Energy Group Ltd is a majority shareholder. The amounts are repayable on demand.