Company Registration No. 14468933 (England and Wales)
Upset Solutions Ltd
Unaudited accounts
for the year ended 30 November 2024
Upset Solutions Ltd
Unaudited accounts
Contents
Upset Solutions Ltd
Company Information
for the year ended 30 November 2024
Directors
Mr G Smith
Mr C Catrina
Company Number
14468933 (England and Wales)
Registered Office
Suite E, Canal Wharf,
Eshton Road
Gargrave
Skipton
BD23 3SE
United Kingdom
Accountants
Pearson & Associates
Suite E, Canal Wharf
Eshton Road
Gargrave, Skipton
North Yorkshire
BD23 3SE
Upset Solutions Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
212,213
64,907
Cash at bank and in hand
291,036
51,727
Creditors: amounts falling due within one year
(187,480)
(34,693)
Net current assets
290,940
38,586
Total assets less current liabilities
503,153
103,493
Provisions for liabilities
Net assets
497,850
103,493
Called up share capital
100
100
Profit and loss account
497,750
103,393
Shareholders' funds
497,850
103,493
For the year ending 30 November 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 1 May 2025 and were signed on its behalf by
Mr C Catrina
Director
Company Registration No. 14468933
Upset Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2024
Upset Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14468933. The registered office is Suite E, Canal Wharf,, Eshton Road, Gargrave, Skipton, BD23 3SE, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2023
67,853
3,181
71,034
Additions
177,771
3,580
181,351
At 30 November 2024
245,624
6,761
252,385
At 1 December 2023
5,902
225
6,127
Charge for the year
32,709
1,336
34,045
At 30 November 2024
38,611
1,561
40,172
At 30 November 2024
207,013
5,200
212,213
At 30 November 2023
61,951
2,956
64,907
Upset Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Trade debtors
56,032
13,438
Other debtors
33,037
2,414
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
56,265
14,505
Taxes and social security
130,840
19,184
Loans from directors
-
1,004
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).