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REGISTERED NUMBER: 04082575 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

YUPZ.com Limited

YUPZ.com Limited (Registered number: 04082575)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

YUPZ.com Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: K Keays
K Foster





REGISTERED OFFICE: 3 Meldola Yard
London
E9 5NW





REGISTERED NUMBER: 04082575 (England and Wales)





ACCOUNTANTS: Payne & Co
Chartered Accountants
16 Ingham Road
West Hampstead
London
NW6 1DE

YUPZ.com Limited (Registered number: 04082575)

Balance Sheet
31 October 2023

31.10.23 31.10.22
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,960 43,529
Investments 5 34 34
31,994 43,563

CURRENT ASSETS
Debtors 6 44,654 59,760
Cash in hand 39,442 65,658
84,096 125,418
CREDITORS
Amounts falling due within one year 7 116,366 137,404
NET CURRENT LIABILITIES (32,270 ) (11,986 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(276

)

31,577

CREDITORS
Amounts falling due after more than one year 8 (41,333 ) (57,333 )

PROVISIONS FOR LIABILITIES (390 ) (8,486 )
NET LIABILITIES (41,999 ) (34,242 )

CAPITAL AND RESERVES
Called up share capital 8,696 8,696
Share premium 16,354 16,354
Retained earnings (67,049 ) (59,292 )
SHAREHOLDERS' FUNDS (41,999 ) (34,242 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

YUPZ.com Limited (Registered number: 04082575)

Balance Sheet - continued
31 October 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





K Foster - Director


YUPZ.com Limited (Registered number: 04082575)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

YUPZ.com Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Fixed assets are recorded at cost.

Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life as follows:


Fixtures, fittings and equipment25% reducing balance

Government grants
Revenue grants are recognised in the income statement in the year in which they are received.

Investments in subsidiaries
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


YUPZ.com Limited (Registered number: 04082575)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Basic financial instruments are recognised at amortised cost.

Going concern
The financial statements have been prepared on a going concern basis, despite net liabilities of £49,988 (2022:£34,242), which the directors believe to be appropriate. The Company's directors and shareholders have provided the Company with an undertaking that they will, for at least 12 months from the date of approval of these financial statements, continue to make available such funds as are required by the Company to meet its liabilities as they fall due, and in particular will not seek repayment of the amounts currently made available.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 10 ) .

YUPZ.com Limited (Registered number: 04082575)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 95,288
Disposals (916 )
At 31 October 2023 94,372
DEPRECIATION
At 1 November 2022 51,759
Charge for year 10,653
At 31 October 2023 62,412
NET BOOK VALUE
At 31 October 2023 31,960
At 31 October 2022 43,529

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2022
and 31 October 2023 34
NET BOOK VALUE
At 31 October 2023 34
At 31 October 2022 34

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
as restated
£    £   
Trade debtors 11,416 19,899
Other debtors 29,701 34,784
Accrued income 3,537 5,077
44,654 59,760

YUPZ.com Limited (Registered number: 04082575)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
as restated
£    £   
Bank loans and overdrafts 16,000 16,000
Trade creditors 19,238 29,943
Social security and other taxes 24,041 24,081
Other creditors 2,032 5,314
Directors' accounts 52,909 52,939
Accrued expenses 2,146 9,127
116,366 137,404

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
as restated
£    £   
Bank loans - 1-2 years 16,000 16,000
Bank loans - 2-5 years 25,333 41,333
41,333 57,333

The loan is payable by instalments.

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.10.23 31.10.22
as restated
£    £   
Within one year 52,055 52,055
Between one and five years 30,365 82,420
82,420 134,475

10. SECURED DEBTS

The following secured debts are included within creditors:

31.10.23 31.10.22
as restated
£    £   
Bank loans 57,333 73,333

Security for the loan is provided by a fixed and floating charge over all assets of the Company.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K Keays.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
YUPZ.com Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of YUPZ.com Limited for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of YUPZ.com Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of YUPZ.com Limited and state those matters that we have agreed to state to the Board of Directors of YUPZ.com Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than YUPZ.com Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that YUPZ.com Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of YUPZ.com Limited. You consider that YUPZ.com Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of YUPZ.com Limited. 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 statutory financial statements.






Payne & Co
Chartered Accountants
16 Ingham Road
West Hampstead
London
NW6 1DE


Date: .............................................