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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
Page
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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
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UP3 SERVICES LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,563 
21,744 
Current assets
Debtors
2,700,615 
1,622,726 
Cash at bank and in hand
2,801,331 
1,669,553 
5,501,946 
3,292,279 
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 
Capital and reserves
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
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UP3 SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Additions
- 
19,789 
19,789 
At 31 March 2024
14,348 
75,066 
89,414 
Depreciation
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 
Net book value
At 31 March 2024
1,290 
26,273 
27,563 
At 31 March 2023
2,554 
19,190 
21,744 
5
Debtors
2024 
2023 
£ 
£ 
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 
2,700,615 
1,622,726 
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UP3 SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
443,313 
205,792 
Trade creditors
220,864 
267,752 
Taxes and social security
593,423 
154,296 
Other creditors
- 
3,681 
Loans from directors
(21,211)
49 
Accruals
234,041 
137,237 
Deferred income
2,306,865 
1,678,142 
3,777,295 
2,446,949 
7
Average number of employees
During the year the average number of employees was 47 (2023: 27).
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