IRIS Accounts Production v24.3.2.46 SC610536 director 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6105362023-09-30SC6105362024-09-30SC6105362023-10-012024-09-30SC6105362022-09-30SC6105362022-10-012023-09-30SC6105362023-09-30SC610536ns15:Scotland2023-10-012024-09-30SC610536ns14:PoundSterling2023-10-012024-09-30SC610536ns10:Director12023-10-012024-09-30SC610536ns10:PrivateLimitedCompanyLtd2023-10-012024-09-30SC610536ns10:SmallEntities2023-10-012024-09-30SC610536ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-30SC610536ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-30SC610536ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-30SC610536ns10:FullAccounts2023-10-012024-09-30SC610536ns10:RegisteredOffice2023-10-012024-09-30SC610536ns5:CurrentFinancialInstruments2024-09-30SC610536ns5:CurrentFinancialInstruments2023-09-30SC610536ns5:Non-currentFinancialInstruments2024-09-30SC610536ns5:Non-currentFinancialInstruments2023-09-30SC610536ns5:ShareCapital2024-09-30SC610536ns5:ShareCapital2023-09-30SC610536ns5:RetainedEarningsAccumulatedLosses2024-09-30SC610536ns5:RetainedEarningsAccumulatedLosses2023-09-30SC610536ns5:PlantMachinery2023-10-012024-09-30SC610536ns5:PlantMachinery2023-09-30SC610536ns5:PlantMachinery2024-09-30SC610536ns5:PlantMachinery2023-09-30SC610536ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-30SC610536ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-30
REGISTERED NUMBER: SC610536 (Scotland)















Financial Statements for the Year Ended 30 September 2024

for

IUPH Ltd

IUPH Ltd (Registered number: SC610536)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IUPH Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: I J Urquhart





REGISTERED OFFICE: Tighbuie
Cluny
Inverurie
Aberdeenshire
AB51 7JQ





REGISTERED NUMBER: SC610536 (Scotland)





ACCOUNTANTS: J M Taylor
7 Ythan Terrace
Ellon
Aberdeenshire
AB41 9LJ

IUPH Ltd (Registered number: SC610536)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 55,708 34,558

CURRENT ASSETS
Stocks 18,608 29,456
Debtors 5 33,718 25,728
Cash at bank and in hand 22,295 7,984
74,621 63,168
CREDITORS
Amounts falling due within one year 6 91,265 64,671
NET CURRENT LIABILITIES (16,644 ) (1,503 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,064

33,055

CREDITORS
Amounts falling due after more than one year 7 38,818 32,811
NET ASSETS 246 244

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 146 144
SHAREHOLDERS' FUNDS 246 244

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

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

IUPH Ltd (Registered number: SC610536)

Balance Sheet - continued
30 September 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 April 2025 and were signed by:





I J Urquhart - Director


IUPH Ltd (Registered number: SC610536)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

IUPH Ltd is a private company, limited by shares , registered in Scotland. 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.

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 - 20% on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 7 (2023 - 8 ) .

IUPH Ltd (Registered number: SC610536)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 88,946
Additions 44,270
At 30 September 2024 133,216
DEPRECIATION
At 1 October 2023 54,388
Charge for year 23,120
At 30 September 2024 77,508
NET BOOK VALUE
At 30 September 2024 55,708
At 30 September 2023 34,558

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 29,130 20,894
Other debtors 4,588 4,834
33,718 25,728

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 7,859 -
Hire purchase contracts 15,867 4,729
Trade creditors 45,297 29,583
Taxation and social security 18,051 26,178
Other creditors 4,191 4,181
91,265 64,671

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 15,334 24,534
Hire purchase contracts 23,484 8,277
38,818 32,811