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COMPANY REGISTRATION NUMBER: 10875075

Urban Myth Group Ltd

Filleted Unaudited Financial Statements

31 May 2025

Urban Myth Group Ltd

Financial Statements

Period from 1 April 2024 to 31 May 2025

Contents | Page

Report to the board of directors on the preparation of the unaudited statutory financial statements | 1

Statement of financial position | 2

Notes to the financial statements | 4

Urban Myth Group Ltd

Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Urban Myth Group Ltd

Period from 1 April 2024 to 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Urban Myth Group Ltd for the period ended 31 May 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.
JAY & JAY PARTNERSHIP LIMITED Chartered Certified Accountants
2 Chesterfield Buildings Westbourne Place Clifton Bristol BS8 1RU
16 February 2026

Urban Myth Group Ltd

Statement of Financial Position

31 May 2025

| 31 May 25 | 31 Mar 24
Note | £ | £

Fixed assets

Tangible assets | 5 | – | 262,149

Current assets

Debtors | 6 | – | 21,333
Cash at bank and in hand | 5 | 2,322
| ---- | --------
| 5 | 23,655

Creditors: amounts falling due within one year | 7 | 6,641 | 26,759
| ------- | --------
Net current liabilities | 6,636 | 3,104
| ------- | ---------
Total assets less current liabilities | ( 6,636) | 259,045

Creditors: amounts falling due after more than one year | 8 | – | 18,505
| ------- | ---------
Net (liabilities)/assets | ( 6,636) | 240,540
| ------- | ---------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | ( 6,736) | 240,440
| ------- | ---------
Shareholders (deficit)/funds | ( 6,636) | 240,540
| ------- | ---------

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 statement of income and retained earnings has not been delivered.
For the period ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period 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 .

Urban Myth Group Ltd

Statement of Financial Position (continued)

31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 16 February 2026 , and are signed on behalf of the board by:

Mr R K Smith | Mr J M Jones
Director | Director

Company registration number: 10875075

Urban Myth Group Ltd

Notes to the Financial Statements

Period from 1 April 2024 to 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Chesterfield Buildings, Westbourne Place, Clifton, Bristol, BS8 1RU.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts are not prepared on a going concern basis because the company has ceased to trade and the directors will apply for the company to be wound up.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Leasehold improvements | - | 10% reducing balance
| Plant and machinery | - | 10% reducing balance
| Fixtures and fittings | - | 10% reducing balance

Impairment of fixed assets
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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 (2024: 2 ).
5. Tangible assets

| Leasehold improvements | Plant and machinery | Fixtures and fittings | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 April 2024 | 399,341 | 59,191 | 30,237 | 488,769
Disposals | ( 399,341) | ( 59,191) | ( 30,237) | ( 488,769)
| --------- | -------- | -------- | ---------
At 31 May 2025 | – | – | – | –
| --------- | -------- | -------- | ---------
Depreciation |  |  |  |
At 1 April 2024 | 185,671 | 26,455 | 14,494 | 226,620
Disposals | ( 185,671) | ( 26,455) | ( 14,494) | ( 226,620)
| --------- | -------- | -------- | ---------
At 31 May 2025 | – | – | – | –
| --------- | -------- | -------- | ---------
Carrying amount |  |  |  |
At 31 May 2025 | – | – | – | –
| --------- | -------- | -------- | ---------
At 31 March 2024 | 213,670 | 32,736 | 15,743 | 262,149
| --------- | -------- | -------- | ---------

6. Debtors

| 31 May 25 | 31 Mar 24
| £ | £
Other debtors | – | 21,333
| ---- | --------

7. Creditors: amounts falling due within one year

| 31 May 25 | 31 Mar 24
| £ | £
Bank loans and overdrafts | – | 10,000
Trade creditors | – | 6,080
Other creditors | 6,641 | 10,679
| ------- | --------
| 6,641 | 26,759
| ------- | --------

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

| 31 May 25 | 31 Mar 24
| £ | £
Bank loans and overdrafts | – | 18,505
| ---- | --------

9. Controlling party
Since 16 February 2023 the company has been a 100% subsidiary undertaking of Kenmar Holdings Ltd , registered office 2 Chesterfield Buildings, Westbourne Place, Clifton, Bristol BS8 1RU.