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REGISTERED NUMBER: 10235626 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th June 2024

for

Upton Contracts Ltd

Upton Contracts Ltd (Registered number: 10235626)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Upton Contracts Ltd

Company Information
for the Year Ended 30th June 2024







DIRECTOR: J Upton





REGISTERED OFFICE: Factory Unit F5, Meridian Buildings
Nazeing Glassworks Estate
New Road
Broxbourne
Hertfordshire
EN10 6SX





REGISTERED NUMBER: 10235626 (England and Wales)





ACCOUNTANTS: Warner & Co Accountants Limited
First Floor Extension
Widbury Barns
Widbury Hill
Ware
Hertfordshire
SG12 7QE

Upton Contracts Ltd (Registered number: 10235626)

Abridged Balance Sheet
30th June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,023 3,785

CURRENT ASSETS
Stocks 3,310 591
Debtors 152,138 73,775
Cash at bank 16,774 50,665
172,222 125,031
CREDITORS
Amounts falling due within one year 103,094 103,111
NET CURRENT ASSETS 69,128 21,920
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,151

25,705

CREDITORS
Amounts falling due after more than one
year

26,009

24,870
NET ASSETS 46,142 835

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve (23,550 ) (23,550 )
Retained earnings 69,642 24,335
46,142 835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

Upton Contracts Ltd (Registered number: 10235626)

Abridged Balance Sheet - continued
30th June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 5th November 2024 and were signed by:





J Upton - Director


Upton Contracts Ltd (Registered number: 10235626)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. STATUTORY INFORMATION

Upton Contracts 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.

The director has agreed to financially support the company for the foreseeable future. On this basis the director believes the accounts are appropriately prepared on a going concern basis

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on cost, 20% on cost and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st July 2023
and 30th June 2024 17,658
DEPRECIATION
At 1st July 2023 13,873
Charge for year 762
At 30th June 2024 14,635
NET BOOK VALUE
At 30th June 2024 3,023
At 30th June 2023 3,785

5. OTHER FINANCIAL COMMITMENTS

Other total commitments total £35,425 at the 30th June 2024.