UK MANAGEMENT CONSULTANCY LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

1. General Information

UK MANAGEMENT CONSULTANCY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09747316 . The registered office is 81 King Street,, Manchester, M2 4AH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The accounts are presented in £ sterling.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis.

The directors have reviewed the company's financial position, expected cash flows and future funding requirements. Having considered the continued availability of financial support and anticipated future trading performance, the directors are satisfied that the company has adequate resources to continue operating for at least twelve months from the date of approval of these financial statements.

Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.

2.3. Turnover

Turnover represents rental income receivable from the letting of the company's investment properties in the ordinary course of business. Rental income is recognised on a straight-line basis over the term of the relevant lease agreements and is stated net of VAT, where applicable.

2.4. Investment Properties

Investment property comprises property held to earn rental income, for capital appreciation, or both.

Investment property is initially recognised at cost and subsequently measured at fair value at each reporting date, where fair value can be measured reliably without undue cost or effort.

Changes in fair value are recognised in the profit and loss account in the period in which they arise.

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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UK MANAGEMENT CONSULTANCY LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Investment Property

	2026
	£
Fair Value
As at 1 September 2025	71,091
Additions	62,137

As at 31 August 2026	133,228

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	58,186	31,024
Due after more than one year
Other debtors	11,324	-

	69,510	31,024

Short term debtors are measured at transaction price, less any impairment. Loans receivables 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.

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UK MANAGEMENT CONSULTANCY LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	545,905	518,535

Short term trade 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.

7. Provisions for Liabilities


	Deferred Tax	Total
	£	£
Deferred taxation	(11,324 )	(11,324 )

Balance at 31 August 2026	(11,324 )	(11,324)

8. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

9. Ultimate Controlling Party

The company's persons with significant control are Ms Daniele Pugerud and Mr Jason Trenchfield, each of whom holds more than 25% but not more than 50% of the company's ordinary share capital and voting rights.

Mr Jason Trenchfield also holds the right to appoint or remove directors.

The directors have not identified an individual who exercises ultimate control over the company.

10. First-Time Adoption of FRS 102

These financial statements are the company's first financial statements prepared in accordance with FRS 102 Section 1A Small Entities. The financial statements for the previous year were prepared in accordance with FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime.

The date of transition to FRS 102 was 1 September 2024.

On transition, the company reviewed its accounting policies and the recognition and measurement of assets and liabilities in accordance with FRS 102.

The principal adjustment arising from the adoption of FRS 102 relates to the recognition of deferred tax assets in respect of unused trading losses carried forward, which were not previously recognised under FRS 105.

Comparative figures have been restated to reflect the requirements of FRS 102.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		133,228		71,091

			133,228		71,091
CURRENT ASSETS
Debtors	5	69,510		31,024
Cash at bank and in hand		297,908		386,805

		367,418		417,829
Creditors: Amounts Falling Due Within One Year	6	(545,905 )		(518,535 )

NET CURRENT ASSETS (LIABILITIES)			(178,487 )		(100,706 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(45,259 )		(29,615 )

NET LIABILITIES			(45,259 )		(29,615 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(45,359 )		(29,715 )

SHAREHOLDERS' FUNDS			(45,259)		(29,615)