ACCOUNTS - Final Accounts preparation

Registered number: 12814238

ASM GROUP LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2025

ASM GROUP LTD

REGISTERED NUMBER: 12814238

BALANCE SHEET

AS AT 31 AUGUST 2025

		As restated
	2025	2024
Note	£	£

Fixed assets
Investment property	4		832,664		502,950
			832,664		502,950
Current assets
Debtors: amounts falling due after more than one year	5	-		129,000
Debtors: amounts falling due within one year	5	5,974		-
Cash at bank and in hand	6	113,792		16,413
		119,766		145,413
Creditors: amounts falling due within one year	7	(274,916)		(266,701)
Net current liabilities			(155,150)		(121,288)
Total assets less current liabilities			677,514		381,662
Creditors: amounts falling due after more than one year	8		(588,211)		(266,890)

Net assets			89,303		114,772

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ASM GROUP LTD

REGISTERED NUMBER: 12814238

BALANCE SHEET (CONTINUED)

AS AT 31 AUGUST 2025

		As restated
	2025	2024
Note	£	£

Capital and reserves
Called up share capital	100	100
Profit and loss account	89,203	114,672
	89,303	114,772

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 August 2026.

Baljinder Kaur

Director

The notes on pages 3 to 7 form part of these financial statements.

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ASM GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

ASM Group Ltd is a company limited by shares incorporated in England within the United Kingdom, having a registration of 12814238. The address of the registered office is Studio 9 50 - 54 St. Pauls Square, Birmingham, England, B3 1QS. The principal activity of the company in the year under review was that of Buying and selling of own real estate.

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

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements has been prepared on a going concern basis which assumes that the company will continue to receive support from creditors and the director as and when required.

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ASM GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

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ASM GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 September 2024	502,950
	Additions at cost	329,714
	At 31 August 2025	832,664

The 2025 valuations were made by the director, on an open market value basis.

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ASM GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

5.	Debtors
		2025	2024
		£	£

Due after more than one year
Other debtors	-	129,000
	-	129,000

					2025	2024
					£	£

Due within one year
Tax recoverable	5,974	-
	5,974	-

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	113,792	16,413
	113,792	16,413

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	12,418	4,033
Corporation tax	-	12,555
Other creditors	259,838	249,313
Accruals and deferred income	2,660	800
	274,916	266,701

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ASM GROUP LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	302,711	167,890
Other creditors	285,500	99,000
	588,211	266,890

The company had a bank loans in respect of the investment property, which are secured via fixed and floating charge over the assets of the company with a charge on the investment property, bearing an interest rate of 4% over the Bank of England base rate.

Related party transactions

Ms Baljinder Kaur is the director and shareholder of the Company.

During the year, the directors provided loans of £10,525 to the Company. As at the balance sheet date, the Company owed the director £172,838 (2024: £162,313), which is shown in other creditors due within one year.

The above balances are payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.

Ms Baljinder Kaur is also the director and shareholder of Bee UK Properties Ltd.

During the year, Bee UK Properties Ltd provided loans of £315,500 to the Company. As at the balance sheet date, the Company owed £186,500 (2024: £129,000 Dr) to Bee UK Properties Ltd, which is shown as other creditors due after more than one year.

The above balances are payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.

Ms Baljinder Kaur is also the director and shareholder of BA Investments UK Ltd.

During the year, BA Investments UK Ltd provided loans of £nil to the Company. As at the balance sheet date, the Company owed £99,000 (2024: £99,000), to BA Investments UK Ltd which is shown as creditors due after more than one year.

The above balances are payable on demand and therefore there are no significant differences between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.

10.	Controlling party

The Company is controlled by Ms Baljinder Kaur she is the sole director and shareholder.

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ASM GROUP LTD

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