Company No: 11780884 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Mr S J Saady

REGISTERED OFFICE	Flat 2 Aston Court
	44 Edgwarebury Lane
	Edgware
	HA8 8LW
	United Kingdom

COMPANY NUMBER

11780884 (England and Wales)

	Note	2025		2024
		£		£
Fixed assets
Investments	3	488,858		541,451
		488,858		541,451
Current assets
Cash at bank and in hand		90,173		104,775
		90,173		104,775
Creditors: amounts falling due within one year	4	( 335,203)		( 381,867)
Net current liabilities		(245,030)		(277,092)
Total assets less current liabilities		243,828		264,359
Provision for liabilities	5	( 3,556)		( 18,157)
Net assets		240,272		246,202
Capital and reserves
Called-up share capital		1		1
Profit and loss account		240,271		246,201
Total shareholder's funds		240,272		246,202

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of UGP Investments Limited (registered number: 11780884) were approved and authorised for issue by the Director on 19 December 2025. They were signed on its behalf by:

Mr S J Saady Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

UGP Investments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Flat 2 Aston Court, 44 Edgwarebury Lane, Edgware, HA8 8LW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Taxation

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Revenue recognition

Revenue comprises dividend and interest income.

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the cash deposit at the effective interest rate applicable.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year	0		0

3. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 April 2024	541,451		541,451
Additions	5,811		5,811
Movement in fair value	( 58,404)		( 58,404)
At 31 March 2025	488,858		488,858
Carrying value at 31 March 2025	488,858		488,858
Carrying value at 31 March 2024	541,451		541,451

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to director	333,203		379,867
Accruals	2,000		2,000
	335,203		381,867

The amounts owed to the director are non-interest bearing, unsecured and repayable on demand.

5. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 18,157)		( 27,520)
Credited to the Profit and Loss Account	14,601		9,363
At the end of financial year	( 3,556)		( 18,157)