Upzelo Limited
Registered number: 13120858
Balance sheet (continued)
As at 31 December 2023
Notes
The company is a private company, limited by share capital, incorporated in England and Wales under the Companies Act 2006. The registered office address of the company is Springfield House, Springfield Road, Horsham, West Sussex, RH12 2RG.
The financial statements are presented in £ sterling, the company's functional currency, and all amounts are rounded to the nearest £1.
Going Concern
Not withstanding the net current liabilities of £403,807 (2022 - £407,144), the accounts have been prepared on a going concern basis as the directors are of the opinion that the Company has sufficient working capital to meet its forseeable requirements for the next twelve months. If the going concern basis were not appropriate, adjustments would have to be made to reduce assets to their recoverable amount, to provide for any further liabilities that might arise, and to reclassify fixed assets as current assets.
Average number of employees
|
The average monthly number of employees, including directors, during the year was 4 (2022 - 9).
Directors' confirmations
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................
P J Carr
|
|
|
Page 3
|