2023-10-012024-09-302024-09-30false01342695UP AND UNDER (OUTDOOR GEAR) LIMITED2025-06-2547789falseiso4217:GBPxbrli:pure013426952023-10-01013426952024-09-30013426952023-10-012024-09-30013426952022-10-01013426952023-09-30013426952022-10-012023-09-3001342695bus:SmallEntities2023-10-012024-09-3001342695bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3001342695bus:AbridgedAccounts2023-10-012024-09-3001342695bus:PrivateLimitedCompanyLtd2023-10-012024-09-3001342695core:WithinOneYear2024-09-3001342695core:AfterOneYear2024-09-3001342695core:WithinOneYear2023-09-3001342695core:AfterOneYear2023-09-3001342695core:ShareCapital2024-09-3001342695core:SharePremium2024-09-3001342695core:RevaluationReserve2024-09-3001342695core:OtherReservesSubtotal2024-09-3001342695core:RetainedEarningsAccumulatedLosses2024-09-3001342695core:ShareCapital2023-09-3001342695core:SharePremium2023-09-3001342695core:RevaluationReserve2023-09-3001342695core:OtherReservesSubtotal2023-09-3001342695core:RetainedEarningsAccumulatedLosses2023-09-3001342695core:LandBuildings2024-09-3001342695core:PlantMachinery2024-09-3001342695core:Vehicles2024-09-3001342695core:FurnitureFittings2024-09-3001342695core:OfficeEquipment2024-09-3001342695core:NetGoodwill2024-09-3001342695core:IntangibleAssetsOtherThanGoodwill2024-09-3001342695core:ListedExchangeTraded2024-09-3001342695core:UnlistedNon-exchangeTraded2024-09-3001342695core:LandBuildings2023-09-3001342695core:PlantMachinery2023-09-3001342695core:Vehicles2023-09-3001342695core:FurnitureFittings2023-09-3001342695core:OfficeEquipment2023-09-3001342695core:NetGoodwill2023-09-3001342695core:IntangibleAssetsOtherThanGoodwill2023-09-3001342695core:ListedExchangeTraded2023-09-3001342695core:UnlistedNon-exchangeTraded2023-09-3001342695core:LandBuildings2023-10-012024-09-3001342695core:PlantMachinery2023-10-012024-09-3001342695core:Vehicles2023-10-012024-09-3001342695core:FurnitureFittings2023-10-012024-09-3001342695core:OfficeEquipment2023-10-012024-09-3001342695core:NetGoodwill2023-10-012024-09-3001342695core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3001342695core:ListedExchangeTraded2023-10-012024-09-3001342695core:UnlistedNon-exchangeTraded2023-10-012024-09-3001342695core:MoreThanFiveYears2023-10-012024-09-3001342695core:Non-currentFinancialInstruments2024-09-3001342695core:Non-currentFinancialInstruments2023-09-3001342695dpl:CostSales2023-10-012024-09-3001342695dpl:DistributionCosts2023-10-012024-09-3001342695core:LandBuildings2023-10-012024-09-3001342695core:PlantMachinery2023-10-012024-09-3001342695core:Vehicles2023-10-012024-09-3001342695core:FurnitureFittings2023-10-012024-09-3001342695core:OfficeEquipment2023-10-012024-09-3001342695dpl:AdministrativeExpenses2023-10-012024-09-3001342695core:NetGoodwill2023-10-012024-09-3001342695core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3001342695dpl:GroupUndertakings2023-10-012024-09-3001342695dpl:ParticipatingInterests2023-10-012024-09-3001342695dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3001342695core:ListedExchangeTraded2023-10-012024-09-3001342695dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3001342695core:UnlistedNon-exchangeTraded2023-10-012024-09-3001342695dpl:CostSales2022-10-012023-09-3001342695dpl:DistributionCosts2022-10-012023-09-3001342695core:LandBuildings2022-10-012023-09-3001342695core:PlantMachinery2022-10-012023-09-3001342695core:Vehicles2022-10-012023-09-3001342695core:FurnitureFittings2022-10-012023-09-3001342695core:OfficeEquipment2022-10-012023-09-3001342695dpl:AdministrativeExpenses2022-10-012023-09-3001342695core:NetGoodwill2022-10-012023-09-3001342695core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3001342695dpl:GroupUndertakings2022-10-012023-09-3001342695dpl:ParticipatingInterests2022-10-012023-09-3001342695dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3001342695core:ListedExchangeTraded2022-10-012023-09-3001342695dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3001342695core:UnlistedNon-exchangeTraded2022-10-012023-09-3001342695core:NetGoodwill2024-09-3001342695core:IntangibleAssetsOtherThanGoodwill2024-09-3001342695core:LandBuildings2024-09-3001342695core:PlantMachinery2024-09-3001342695core:Vehicles2024-09-3001342695core:FurnitureFittings2024-09-3001342695core:OfficeEquipment2024-09-3001342695core:AfterOneYear2024-09-3001342695core:WithinOneYear2024-09-3001342695core:ListedExchangeTraded2024-09-3001342695core:UnlistedNon-exchangeTraded2024-09-3001342695core:ShareCapital2024-09-3001342695core:SharePremium2024-09-3001342695core:RevaluationReserve2024-09-3001342695core:OtherReservesSubtotal2024-09-3001342695core:RetainedEarningsAccumulatedLosses2024-09-3001342695core:NetGoodwill2023-09-3001342695core:IntangibleAssetsOtherThanGoodwill2023-09-3001342695core:LandBuildings2023-09-3001342695core:PlantMachinery2023-09-3001342695core:Vehicles2023-09-3001342695core:FurnitureFittings2023-09-3001342695core:OfficeEquipment2023-09-3001342695core:AfterOneYear2023-09-3001342695core:WithinOneYear2023-09-3001342695core:ListedExchangeTraded2023-09-3001342695core:UnlistedNon-exchangeTraded2023-09-3001342695core:ShareCapital2023-09-3001342695core:SharePremium2023-09-3001342695core:RevaluationReserve2023-09-3001342695core:OtherReservesSubtotal2023-09-3001342695core:RetainedEarningsAccumulatedLosses2023-09-3001342695core:NetGoodwill2022-10-0101342695core:IntangibleAssetsOtherThanGoodwill2022-10-0101342695core:LandBuildings2022-10-0101342695core:PlantMachinery2022-10-0101342695core:Vehicles2022-10-0101342695core:FurnitureFittings2022-10-0101342695core:OfficeEquipment2022-10-0101342695core:AfterOneYear2022-10-0101342695core:WithinOneYear2022-10-0101342695core:ListedExchangeTraded2022-10-0101342695core:UnlistedNon-exchangeTraded2022-10-0101342695core:ShareCapital2022-10-0101342695core:SharePremium2022-10-0101342695core:RevaluationReserve2022-10-0101342695core:OtherReservesSubtotal2022-10-0101342695core:RetainedEarningsAccumulatedLosses2022-10-0101342695core:AfterOneYear2023-10-012024-09-3001342695core:WithinOneYear2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:CostValuation2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3001342695core:Non-currentFinancialInstrumentscore:CostValuation2024-09-3001342695core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-09-3001342695core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-09-3001342695core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-09-3001342695core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3001342695core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-09-3001342695core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-09-3001342695core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-09-3001342695core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-09-3001342695core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3001342695core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3001342695core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3001342695core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3001342695core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3001342695core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3001342695core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3001342695core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3001342695core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3001342695bus:Director12023-10-012024-09-3001342695bus:Director22023-10-012024-09-3001342695bus:Director32023-10-012024-09-30

UP AND UNDER (OUTDOOR GEAR) LIMITED

Registered Number
01342695
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

UP AND UNDER (OUTDOOR GEAR) LIMITED
Company Information
for the year from 1 October 2023 to 30 September 2024

Directors

CARTER, Benjamin
CARTER, Norman Glyn
RHODEN, Sara

Company Secretary

RHODEN, Sara

Registered Address

490 Cowbridge Road East
Victoria Park
Cardiff
CF5 1BL

Registered Number

01342695 (England and Wales)
UP AND UNDER (OUTDOOR GEAR) LIMITED
Balance Sheet as at
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3252,445233,730
252,445233,730
Current assets
Stocks554,337665,727
Debtors51,91414,637
Cash at bank and on hand26,38736,275
632,638716,639
Creditors amounts falling due within one year(365,866)(380,742)
Net current assets (liabilities)266,772335,897
Total assets less current liabilities519,217569,627
Creditors amounts falling due after one year(15,402)(25,948)
Net assets503,815543,679
Capital and reserves
Called up share capital70,00070,000
Profit and loss account433,815473,679
Shareholders' funds503,815543,679
The financial statements were approved and authorised for issue by the Board of Directors on 25 June 2025, and are signed on its behalf by:
CARTER, Benjamin
Director
Registered Company No. 01342695
UP AND UNDER (OUTDOOR GEAR) LIMITED
Notes to the Financial Statements
for the year ended 30 September 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.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
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.
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: The rate of depreciation of motor vehicles was incorrectly disclosed as 33% in last year's accounts, while the actual depreciation was charged at 20%.

Straight line (years)
Plant and machinery25
Fixtures and fittings6.67
Vehicles3
Office Equipment3
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year1010
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 October 23573,575
Additions44,938
At 30 September 24618,512
Depreciation and impairment
At 01 October 23339,845
Charge for year26,223
At 30 September 24366,068
Net book value
At 30 September 24252,445
At 30 September 23233,730
4.Share capital
Allotted, called up, and fully paid for 2024 is £70,000. (£70,000 in 2023)