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Modern Group Ltd
 
 
Company Registration Number
08240829
 
 
Report of the Directors and
Unaudited Financial Statements
 
 
Period of accounts
 
Start date 01/11/2024
 
End date 31/10/2025
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 1
Modern Group Ltd
 
Contents of the Financial Statements
for the Period Ended 31 October 2025
 
 
Page
Company Information 3
 
Report of the Directors 4
 
Report of the Accountants 5
 
Profit and Loss Account 6
 
Balance Sheet 7 - 8
 
Notes to the Financial Statements 9 - 13
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 2
Modern Group Ltd
Company Information
for the Period Ended 31 October 2025
 
Directors Nicola Trees
 
 
Registered office (Please enter the address here)
 
Company Registration Number 08240829
 
Accountants Name Mr David Adamson
Address 299 Longhurst Lane
Mellor
Stockport
SK6 5PP
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3
Modern Group Ltd
Directors Report
for the Period Ended 31 October 2025
The directors present their report with the financial statements of the company for the
period ended 31 October 2025
Principal activities
The principal activity of the company in the period under review was
Wholesale of hardware, plumbing, heating equipment, outdoor items and supplies
Directors
The director(s) shown below have held office during the whole of the period
Nicola Trees
Small Company Provisions
These accounts have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
 
This report was approved by the board of directors on 2026-11-02
and signed on behalf of the board by
Name Nicola Trees
Status Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 4
Modern Group Ltd
 
Accountants' Report
for the Period Ended 31 October 2025
 
Independent accountants' report
 
Report to the directors on the preparation of the unaudited statutory accounts of the company for theperiod ended 31 October 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of the company for the period ended 31 October 2025 as set out on pages 3 to 15 which comprise of Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us. This report is made solely to the Board of Directors of the company, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the
accounts of the company and state those matters that we have agreed to state to the Board of Directors
of the company, as a body, in this report. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the company and its Board of Directors as a body for our
work or for this report.
 
It is your duty to ensure the company has kept adequate accounting records and to prepare statutory
accounts that give a true and fair view of the assets, liabilities, financial position and profit/(loss) of
the company. You consider the company is exempt from the statutory audit requirement for the
period.
We have not been instructed to carry out an audit of the financial statements. For this reason, we
have not verified the accuracy or completeness of the accounting records or information and
explanations you have given to us and we do not, therefore, express any opinion on the financial
statements.
 
 
 
 
 
 
 
Mr David Adamson
299 Longhurst Lane
Mellor
Stockport
SK6 5PP
 
Date 2026-11-02
Page 5
Modern Group Ltd
 
Profit and Loss Account
for the Period Ended 31 October 2025
2025 2,024
Notes £ £
 
Turnover 2 2,970,370 2,716,629
Cost of sales 1,322,719 1,889,936
______ ______
Gross Profit/(Loss) 1,647,651 826,693
 
Distribution costs 526,675 101,430
Administrative expenses 505,336 484,646
______ ______
Operating costs 1,032,011 586,076
 
Other operating income 4,334
______ ______
Total other operating income/(loss) 4,334 0
______ ______
Operating Profit/(Loss) 619,974 240,617
______ ______
Interest receivable and similar 24,734 13
______ ______
Net Finance income/(Loss) 24,734 13
______ ______
Profit/(Loss) on ordinary activities before taxation 644,708 240,630
 
Tax on profit on ordinary activities 159,440 64,534
______ ______
Profit/(Loss) for the financial period after taxation 485,268 176,096
 
The notes form part of these financial statements
 
 
 
 
 
 
Page 6
Modern Group Ltd
Balance Sheet
for the Period Ended 31 October 2025
Company registration number 08240829
2025 2,024
Notes £ £
Fixed assets
Tangible fixed assets 5 77,126 36,684
_______ _______
Total fixed assets 77,126 36,684
Current assets
Stocks 7 297,000 195,862
Debtors 8 12,012 29,210
Investments 9 657,595 105,688
Cash at bank and in hand 252,182 479,552
_______ _______
Total current assets/(liabilities) 1,218,789 810,312
Creditors
Creditors - amounts falling
due within one year 10 201,153 64,308
_______ _______
Net current assets 1,017,636 746,004
_______ _______
Total assets less current liabilities 1,094,762 782,688
_______ _______
Creditors - amounts falling
due after more than one year 11 633,398 589,144
_______ _______
Long term creditors 633,398 589,144
______ ______
Net assets/(liabilities) 461,364 193,544
Capital and reserves
Called up share capital 12 1 1
Profit and loss account 13 461,363 193,543
______ ______
Total shareholders funds 461,364 193,544
 
 
 
 
 
 
Page 7
Modern Group Ltd
 
Balance Sheet
for the Period Ended 31 October 2025
 
 
 
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
 
For the year ending 31 October 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
 
The financial statements were approved by the Board of Directors on 2026-11-02
 
SIGNED ON BEHALF OF THE BOARD BY
 
 
 
 
 
 
 
Name Nicola Trees
 
The notes form part of these financial statements
Average number of employees during period 11
 
 
 
 
 
 
 
 
 
Page 8
Modern Group Ltd
Notes to the Financial Statements
for the Period Ended 31 October 2025
1. Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the small companies regime.
Turnover
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 9
Modern Group Ltd
Notes to the Financial Statements
for the Period Ended 31 October 2025
2. Turnover 2025 2,024
£ £
United Kingdom 2,970,370 2,716,629
_______ _______
Total 2,970,370 2,716,629
3. Dividends 2025 2,024
£ £
Dividend on ordinary shares paid in period 217,448 147,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 10
Modern Group Ltd
Notes to the Financial Statements
for the Period Ended 31 October 2025
4. Intangible fixed assets Total
Cost £
At 1 November 2024
At 31 October 2025
Amortisation
At 1 November 2024
At 31 October 2025
Net book value
At 31 October 2025
At 31 October 2024
 
5. Tangible fixed assets
Fixtures Motor Total
and fittings vehicles
Cost £ £ £
At 1 November 2024 21,979 57,845 79,824
Additions 13,255 47,500 60,755
_____ ______ ______
At 31 October 2025 35,234 105,345 140,579
Depreciation
At 1 November 2024 9,939 33,201 43,140
Charge for year 5,884 14,429 20,313
_____ _____ _____
At 31 October 2025 15,823 47,630 63,453
Net book value
At 31 October 2025 19,411 57,715 77,126
At 31 October 2024 12,040 24,644 36,684
 
MV purchased for £ 33,000 2025 2024
deposit £ 9000 balance 24,000 Value 33,000
Depreciation
6,600
 
 
 
 
 
 
Page 11
Modern Group Ltd
Notes to the Financial Statements
for the Period Ended 31 October 2025
6. Fixed asset investments 2025 2,024
Total
7. Stocks 2025 2,024
Finished goods 297,000 195,862
Total 297,000 195,862
8. Debtors 2025 2,024
Other debtors 12,012 29,210
_____ _____
Total 12,012 29,210
9. Current asset investments 2025 2,024
Listed 654,395 105,688
Other 3,200
Total 657,595 105,688
10. Creditors amounts falling due within one year 2025 2,024
Amounts due under finance leases and
hire purchase contracts 1,626
Trade creditors 40,087
Corporation tax 159,440 64,308
______ _____
Total 201,153 64,308
11. Creditors amounts falling due after more than one year 2025 2,024
Amounts due under finance leases and
hire purchase contracts 21,290
Other creditors 612,108 589,144
______ ______
Total 633,398 589,144
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 12
Modern Group Ltd
Notes to the Financial Statements
for the Period Ended 31 October 2025
12. Share capital 2025 2,024
Allotted, called up and paid £ £
1 1
_ _
Total 1 1
13. Reserves/Retained profit
Retained profit reconciliation £
Reserves at 1 November 2024 193,543
Profit/(Loss) for year 485,268
Dividends paid 217,448
______
Retained Profit/(Loss) at 31 October 2025 461,363
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 13