3 false false false false false false false false false true false false false false false false No description of principal activity 2022-07-01 Sage Accounts Production Advanced 2021 - FRS102_2021 97,544 13,561 111,105 111,105 97,544 100 100 100 xbrli:pure xbrli:shares iso4217:GBP 13139065 2022-07-01 2023-06-30 13139065 2023-06-30 13139065 2022-06-30 13139065 2021-07-01 2022-06-30 13139065 2022-06-30 13139065 bus:Director1 2022-07-01 2023-06-30 13139065 core:LandBuildings core:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 13139065 core:WithinOneYear 2023-06-30 13139065 core:WithinOneYear 2022-06-30 13139065 core:ShareCapital 2023-06-30 13139065 core:ShareCapital 2022-06-30 13139065 core:RetainedEarningsAccumulatedLosses 2023-06-30 13139065 core:RetainedEarningsAccumulatedLosses 2022-06-30 13139065 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 13139065 core:Non-currentFinancialInstruments 2023-06-30 13139065 core:Non-currentFinancialInstruments 2022-06-30 13139065 core:LandBuildings core:OwnedOrFreeholdAssets 2023-06-30 13139065 core:LandBuildings core:OwnedOrFreeholdAssets 2022-06-30 13139065 core:LandBuildings core:OwnedOrFreeholdAssets 2022-06-30 13139065 bus:SmallEntities 2022-07-01 2023-06-30 13139065 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 13139065 bus:FullAccounts 2022-07-01 2023-06-30 13139065 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 13139065 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
COMPANY REGISTRATION NUMBER: 13139065
Upthorpe Holdings Ltd
Unaudited financial statements
30 June 2023
Upthorpe Holdings Ltd
Statement of financial position
30 June 2023
2023
2022
Note
£
£
£
£
Fixed assets
Tangible assets
5
111,105
97,544
Investments
6
100
100
---------
-------
111,205
97,644
Current assets
Debtors
7
129,319
109,200
Cash at bank and in hand
231,822
152,625
---------
---------
361,141
261,825
Creditors: Amounts falling due within one year
8
( 15,815)
( 588)
---------
---------
Net current assets
345,326
261,237
---------
---------
Total assets less current liabilities
456,531
358,881
---------
---------
Net assets
456,531
358,881
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
456,431
358,781
---------
---------
Shareholders funds
456,531
358,881
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Upthorpe Holdings Ltd
Statement of financial position (continued)
30 June 2023
These financial statements were approved by the board of directors and authorised for issue on 8 March 2024 , and are signed on behalf of the board by:
R P R Sewell
Director
Company registration number: 13139065
Upthorpe Holdings Ltd
Notes to the financial statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Little Dale Farm, Dale Road, Stanton, Bury St Edmunds, IP31 2DY.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4. Employee numbers
The average number of employees during the year was 3 (2022: 1 ).
5. Tangible assets
Freehold property
£
Cost
At 1 July 2022
97,544
Additions
13,561
---------
At 30 June 2023
111,105
---------
Depreciation
At 1 July 2022 and 30 June 2023
---------
Carrying amount
At 30 June 2023
111,105
---------
At 30 June 2022
97,544
---------
6. Investments
Shares in group undertakings
£
Cost
At 1 July 2022 and 30 June 2023
100
----
Impairment
At 1 July 2022 and 30 June 2023
----
Carrying amount
At 30 June 2023
100
----
At 30 June 2022
100
----
7. Debtors
2023
2022
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
129,319
109,200
---------
---------
8. Creditors: Amounts falling due within one year
2023
2022
£
£
Other creditors
15,815
588
-------
----