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REGISTERED NUMBER: 11378846 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Upside Down House Uk Ltd

Upside Down House Uk Ltd (Registered number: 11378846)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Upside Down House Uk Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: D Dilys





SECRETARY:





REGISTERED OFFICE: Unit 13 Magnet Road
Grays
Essex
RM20 4DR





REGISTERED NUMBER: 11378846 (England and Wales)





ACCOUNTANTS: Business Help UK Ltd
1st - 2nd Floor
138 South Street
Romford
Essex
RM1 1TE

Upside Down House Uk Ltd

Report of the Accountants to the Director of
Upside Down House Uk Ltd

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Business Help UK Ltd
1st - 2nd Floor
138 South Street
Romford
Essex
RM1 1TE


16 October 2024

Upside Down House Uk Ltd (Registered number: 11378846)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,234 3,234
Tangible assets 5 486,689 662,381
Investments 6 22,383 22,383
512,306 687,998

CURRENT ASSETS
Debtors 7 487,529 220,011
Cash at bank and in hand 59,263 108,299
546,792 328,310
CREDITORS
Amounts falling due within one year 8 212,689 243,459
NET CURRENT ASSETS 334,103 84,851
TOTAL ASSETS LESS CURRENT LIABILITIES 846,409 772,849

CREDITORS
Amounts falling due after more than one
year

9

440,576

511,654
NET ASSETS 405,833 261,195

Upside Down House Uk Ltd (Registered number: 11378846)

Balance Sheet - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 103 103
Share premium 90,936 90,936
Retained earnings 314,794 170,156
SHAREHOLDERS' FUNDS 405,833 261,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 16 October 2024 and were signed by:





D Dilys - Director


Upside Down House Uk Ltd (Registered number: 11378846)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Upside Down House Uk Ltd 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.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.


Upside Down House Uk Ltd (Registered number: 11378846)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 3,234
NET BOOK VALUE
At 31 March 2024 3,234
At 31 March 2023 3,234

Upside Down House Uk Ltd (Registered number: 11378846)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 996,395
Additions 32,724
Disposals (13,348 )
At 31 March 2024 1,015,771
DEPRECIATION
At 1 April 2023 334,014
Charge for year 195,068
At 31 March 2024 529,082
NET BOOK VALUE
At 31 March 2024 486,689
At 31 March 2023 662,381

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 22,383
NET BOOK VALUE
At 31 March 2024 22,383
At 31 March 2023 22,383

Upside Down House Uk Ltd (Registered number: 11378846)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors - 1,645
Other debtors 422,792 218,366
422,792 220,011

Amounts falling due after more than one year:
Other debtors 64,737 -

Aggregate amounts 487,529 220,011

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 69,090 8,947
Trade creditors 1,805 73,303
Taxation and social security 59,438 46,395
Other creditors 82,356 114,814
212,689 243,459

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 23,559 31,574
Other creditors 417,017 480,080
440,576 511,654

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary 1 103 103