2023-07-012024-06-302024-06-30false13465711UPSUM LTD2024-10-2462090iso4217:GBPxbrli:pure134657112023-07-01134657112024-06-30134657112023-07-012024-06-30134657112022-07-01134657112023-06-30134657112022-07-012023-06-3013465711bus:SmallEntities2023-07-012024-06-3013465711bus:AuditExempt-NoAccountantsReport2023-07-012024-06-3013465711bus:AbridgedAccounts2023-07-012024-06-3013465711bus:PrivateLimitedCompanyLtd2023-07-012024-06-3013465711core:WithinOneYear2024-06-3013465711core:AfterOneYear2024-06-3013465711core:WithinOneYear2023-06-3013465711core:AfterOneYear2023-06-3013465711core:ShareCapital2024-06-3013465711core:SharePremium2024-06-3013465711core:RevaluationReserve2024-06-3013465711core:OtherReservesSubtotal2024-06-3013465711core:RetainedEarningsAccumulatedLosses2024-06-3013465711core:ShareCapital2023-06-3013465711core:SharePremium2023-06-3013465711core:RevaluationReserve2023-06-3013465711core:OtherReservesSubtotal2023-06-3013465711core:RetainedEarningsAccumulatedLosses2023-06-3013465711core:LandBuildings2024-06-3013465711core:PlantMachinery2024-06-3013465711core:Vehicles2024-06-3013465711core:FurnitureFittings2024-06-3013465711core:OfficeEquipment2024-06-3013465711core:NetGoodwill2024-06-3013465711core:IntangibleAssetsOtherThanGoodwill2024-06-3013465711core:ListedExchangeTraded2024-06-3013465711core:UnlistedNon-exchangeTraded2024-06-3013465711core:LandBuildings2023-06-3013465711core:PlantMachinery2023-06-3013465711core:Vehicles2023-06-3013465711core:FurnitureFittings2023-06-3013465711core:OfficeEquipment2023-06-3013465711core:NetGoodwill2023-06-3013465711core:IntangibleAssetsOtherThanGoodwill2023-06-3013465711core:ListedExchangeTraded2023-06-3013465711core:UnlistedNon-exchangeTraded2023-06-3013465711core:LandBuildings2023-07-012024-06-3013465711core:PlantMachinery2023-07-012024-06-3013465711core:Vehicles2023-07-012024-06-3013465711core:FurnitureFittings2023-07-012024-06-3013465711core:OfficeEquipment2023-07-012024-06-3013465711core:NetGoodwill2023-07-012024-06-3013465711core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3013465711core:ListedExchangeTraded2023-07-012024-06-3013465711core:UnlistedNon-exchangeTraded2023-07-012024-06-3013465711core:MoreThanFiveYears2023-07-012024-06-3013465711core:Non-currentFinancialInstruments2024-06-3013465711core:Non-currentFinancialInstruments2023-06-3013465711dpl:CostSales2023-07-012024-06-3013465711dpl:DistributionCosts2023-07-012024-06-3013465711core:LandBuildings2023-07-012024-06-3013465711core:PlantMachinery2023-07-012024-06-3013465711core:Vehicles2023-07-012024-06-3013465711core:FurnitureFittings2023-07-012024-06-3013465711core:OfficeEquipment2023-07-012024-06-3013465711dpl:AdministrativeExpenses2023-07-012024-06-3013465711core:NetGoodwill2023-07-012024-06-3013465711core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3013465711dpl:GroupUndertakings2023-07-012024-06-3013465711dpl:ParticipatingInterests2023-07-012024-06-3013465711dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-3013465711core:ListedExchangeTraded2023-07-012024-06-3013465711dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-3013465711core:UnlistedNon-exchangeTraded2023-07-012024-06-3013465711dpl:CostSales2022-07-012023-06-3013465711dpl:DistributionCosts2022-07-012023-06-3013465711core:LandBuildings2022-07-012023-06-3013465711core:PlantMachinery2022-07-012023-06-3013465711core:Vehicles2022-07-012023-06-3013465711core:FurnitureFittings2022-07-012023-06-3013465711core:OfficeEquipment2022-07-012023-06-3013465711dpl:AdministrativeExpenses2022-07-012023-06-3013465711core:NetGoodwill2022-07-012023-06-3013465711core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3013465711dpl:GroupUndertakings2022-07-012023-06-3013465711dpl:ParticipatingInterests2022-07-012023-06-3013465711dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3013465711core:ListedExchangeTraded2022-07-012023-06-3013465711dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3013465711core:UnlistedNon-exchangeTraded2022-07-012023-06-3013465711core:NetGoodwill2024-06-3013465711core:IntangibleAssetsOtherThanGoodwill2024-06-3013465711core:LandBuildings2024-06-3013465711core:PlantMachinery2024-06-3013465711core:Vehicles2024-06-3013465711core:FurnitureFittings2024-06-3013465711core:OfficeEquipment2024-06-3013465711core:AfterOneYear2024-06-3013465711core:WithinOneYear2024-06-3013465711core:ListedExchangeTraded2024-06-3013465711core:UnlistedNon-exchangeTraded2024-06-3013465711core:ShareCapital2024-06-3013465711core:SharePremium2024-06-3013465711core:RevaluationReserve2024-06-3013465711core:OtherReservesSubtotal2024-06-3013465711core:RetainedEarningsAccumulatedLosses2024-06-3013465711core:NetGoodwill2023-06-3013465711core:IntangibleAssetsOtherThanGoodwill2023-06-3013465711core:LandBuildings2023-06-3013465711core:PlantMachinery2023-06-3013465711core:Vehicles2023-06-3013465711core:FurnitureFittings2023-06-3013465711core:OfficeEquipment2023-06-3013465711core:AfterOneYear2023-06-3013465711core:WithinOneYear2023-06-3013465711core:ListedExchangeTraded2023-06-3013465711core:UnlistedNon-exchangeTraded2023-06-3013465711core:ShareCapital2023-06-3013465711core:SharePremium2023-06-3013465711core:RevaluationReserve2023-06-3013465711core:OtherReservesSubtotal2023-06-3013465711core:RetainedEarningsAccumulatedLosses2023-06-3013465711core:NetGoodwill2022-07-0113465711core:IntangibleAssetsOtherThanGoodwill2022-07-0113465711core:LandBuildings2022-07-0113465711core:PlantMachinery2022-07-0113465711core:Vehicles2022-07-0113465711core:FurnitureFittings2022-07-0113465711core:OfficeEquipment2022-07-0113465711core:AfterOneYear2022-07-0113465711core:WithinOneYear2022-07-0113465711core:ListedExchangeTraded2022-07-0113465711core:UnlistedNon-exchangeTraded2022-07-0113465711core:ShareCapital2022-07-0113465711core:SharePremium2022-07-0113465711core:RevaluationReserve2022-07-0113465711core:OtherReservesSubtotal2022-07-0113465711core:RetainedEarningsAccumulatedLosses2022-07-0113465711core:AfterOneYear2023-07-012024-06-3013465711core:WithinOneYear2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3013465711core:Non-currentFinancialInstrumentscore:CostValuation2024-06-3013465711core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-3013465711core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-3013465711core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-3013465711core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-3013465711core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-3013465711core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-3013465711core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-3013465711core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-3013465711core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3013465711core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3013465711core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3013465711core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3013465711core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3013465711core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3013465711core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3013465711core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3013465711core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3013465711bus:Director12023-07-012024-06-3013465711bus:Director22023-07-012024-06-30

UPSUM LTD

Registered Number
13465711
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

UPSUM LTD
Company Information
for the year from 1 July 2023 to 30 June 2024

Directors

CHAPMAN, Sinead Margaret
CHAPMAN, Thomas William

Registered Address

66 Bengeo Street
Hertford
SG14 3EZ

Registered Number

13465711 (England and Wales)
UPSUM LTD
Statement of Financial Position
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3242,002111,550
Tangible assets41,2451,138
243,247112,688
Current assets
Debtors-47,826
Cash at bank and on hand9,9368,384
9,93656,210
Creditors amounts falling due within one year(45,371)(41,250)
Net current assets (liabilities)(35,435)14,960
Total assets less current liabilities207,812127,648
Provisions for liabilities(296)(216)
Net assets207,516127,432
Capital and reserves
Called up share capital11
Revaluation reserve44,6741,757
Profit and loss account162,841125,674
Shareholders' funds207,516127,432
The financial statements were approved and authorised for issue by the Board of Directors on 24 October 2024, and are signed on its behalf by:
CHAPMAN, Thomas William
Director
Registered Company No. 13465711
UPSUM LTD
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at their revalued amount at the end of the year
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20242023
Average number of employees during the year22
3.Intangible assets

Total

£
Cost or valuation
At 01 July 23111,550
Additions18,616
Revaluations111,836
At 30 June 24242,002
Net book value
At 30 June 24242,002
At 30 June 23111,550
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 July 238,066
Additions1,299
At 30 June 249,365
Depreciation and impairment
At 01 July 236,928
Charge for year1,192
At 30 June 248,120
Net book value
At 30 June 241,245
At 30 June 231,138