Company registration number: 09604142
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
U G Holdings Limited
Pages for filing with the Registrar
Company registration number: 09604142
U G Holdings Limited
Balance sheet
as at 31 August 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 5 142,837 130,241
Investments 6 4 4
Investment property 7 1,559,196 1,559,196
1,702,037 1,689,441
Current assets
Debtors 8 12,387 11,737
Investments 49,666 49,666
Cash at bank and in hand 380,989 301,795
443,042 363,198
Creditors: amounts falling due within one
year 		9 (1,094,844) (1,071,783)
Net current liabilities (651,802) (708,585)
Total assets less current liabilities 1,050,235 980,856
Creditors: Amounts falling due after more
than one year 		10 (70,000) (70,000)
Provisions for liabilities (35,708) (32,560)
NET ASSETS 944,527 878,296
Capital and reserves
Called up share capital 100 100
Profit and loss account 944,427 878,196
TOTAL EQUITY 944,527 878,296
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 09604142
U G Holdings Limited
Balance sheet - continued
as at 31 August 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 27 May 2026 and signed on its behalf by:
Mr S Wright, Director
27 May 2026
2
U G Holdings Limited
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
U G Holdings Limited is a private company registered in England and Wales. Its registered number is 09604142. The company is limited by shares. Its registered office is Hillgate Place, 77 Middle Hillgate, Stockport, Cheshire, SK1 3EH. Its principal place of business is 4 Brightgate Way, Stretford, Manchester, M32 0TB.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Exemption from preparation of consolidated financial statements
The financial statements contain information about U G Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 33% reducing balance
Fixtures & fittings - 15% straight line
Motor vehicles - 25% reducing balance
Computer equipment - 33% reducing balance
3
U G Holdings Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
2 Accounting policies - continued
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
3 Critical accounting judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
4
U G Holdings Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
3 Critical accounting judgements and estimates - continued
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
4 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 September 2024 356,711
Additions 66,266
Disposals (26,004)
At 31 August 2025 396,973
Depreciation
At 1 September 2024 226,470
Charge for year 33,654
Eliminated on disposal (5,988)
At 31 August 2025 254,136
Net book value
At 31 August 2025 142,837
At 31 August 2024 130,241
5
U G Holdings Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
6 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 September 2024 4
At 31 August 2025 4
Net book value
At 31 August 2025 4
At 31 August 2024 4
7 Investment property
£
Valuation
At 1 September 2024 1,559,196
Disposals -
At 31 August 2025 1,559,196
8 Debtors
2025 2024
£ £
Other debtors 8,887 8,237
Prepayments and accrued income 3,500 3,500
12,387 11,737
6
U G Holdings Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
9 Creditors: amounts falling due within one year
2025 2024
£ £
Hire purchase and finance leases - 1,726
Trade creditors 204 1,455
Amounts owed to group undertakings 971,541 961,040
Amounts owed to participating interests 40,600 40,600
Amounts owed to directors 36,910 18,564
Other creditors 9,000 9,000
Taxation 16,907 24,182
VAT payable 18,027 14,804
Social security and other tax 36 -
Accruals and deferred income 1,619 412
1,094,844 1,071,783
10 Creditors: amounts falling due after more than one year
2025 2024
£ £
Other loans 70,000 70,000
11 Related party transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related
party transactions with wholly owned subsidiaries within the group.
12 Controlling party
The ultimate controlling party is Mr S N Wright.
7