Company Registration No. 09967591 (England and Wales)
UP3 SERVICES LTD
Unaudited accounts
for the year ended 31 March 2024
UP3 SERVICES LTD
Unaudited accounts
Contents
UP3 SERVICES LTD
Company Information
for the year ended 31 March 2024
Directors
Matthew Benjamin Shears
Ruth Weatherall
Company Number
09967591 (England and Wales)
Registered Office
THE MINISTRY
79-81 BOROUGH ROAD
LONDON
SE1 1DN
ENGLAND
UP3 SERVICES LTD
Statement of financial position
as at 31 March 2024
Tangible assets
27,563
21,744
Debtors
2,700,615
1,622,726
Cash at bank and in hand
2,801,331
1,669,553
Creditors: amounts falling due within one year
(3,777,295)
(2,446,949)
Net current assets
1,724,651
845,330
Total assets less current liabilities
1,752,214
867,074
Provisions for liabilities
Deferred tax
(6,890)
(4,131)
Net assets
1,745,324
862,943
Called up share capital
204
204
Profit and loss account
1,745,120
862,739
Shareholders' funds
1,745,324
862,943
For the year ending 31 March 2024 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by
Ruth Weatherall
Director
Company Registration No. 09967591
UP3 SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2024
UP3 SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 09967591. The registered office is THE MINISTRY, 79-81 BOROUGH ROAD, LONDON, SE1 1DN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
14,348
55,277
69,625
At 31 March 2024
14,348
75,066
89,414
At 1 April 2023
11,794
36,087
47,881
Charge for the year
1,264
12,706
13,970
At 31 March 2024
13,058
48,793
61,851
At 31 March 2024
1,290
26,273
27,563
At 31 March 2023
2,554
19,190
21,744
Amounts falling due within one year
Trade debtors
1,972,872
695,451
Accrued income and prepayments
686,061
891,410
Other debtors
41,682
35,865
UP3 SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
220,864
267,752
Taxes and social security
593,423
154,296
Loans from directors
(21,211)
49
Deferred income
2,306,865
1,678,142
7
Average number of employees
During the year the average number of employees was 47 (2023: 27).