Registered Number:06858277 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
Upwey Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
-
568
2
-
568
Trade and other receivables |
166
15,994
3
28,363
Cash and cash equivalents |
11,445
27,439
28,529
Trade and other payables: amounts falling due within one |
year |
(20,689)
(16,196)
4
7,840
11,243
Net current assets
Total assets less current liabilities |
11,243
8,408
Trade and other payables: amounts falling due after more |
than one year |
(6,668)
(4,560)
5
6,683
Net assets
1,740
100
100
6,583
1,640
6,683
1,740
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 17 September 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
Upwey Limited
Notes to the Financial Statements
Statutory Information
Upwey Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
06858277. |
Quineys
Cornwells Bank
Newick
East Sussex
BN8 4SD
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
2. Property, plant and equipment |
2,595
2,595
Provision for depreciation and impairment |
2,027
Charge for year
568
2,595
-
568
3. Trade and other receivables |
2022
2023
15,994
166
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For the year ended 31 March 2023
Upwey Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2022
2023
2,202
2,242
Taxation and social security |
10,143
12,496
3,851
5,951
16,196
20,689
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
Bank loans and overdraft (secured) |
4,560
6,668
6. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 1)
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