Company registration number: 12939086
Unaudited financial statements
for the year ended 31 October 2024
for
Upstep UK Foot Care Solutions Ltd
Pages for filing with the Registrar
Company registration number: 12939086
Upstep UK Foot Care Solutions Ltd
Balance sheet
as at 31 October 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 1,812 6,123
1,812 6,123
Current assets
Debtors 2,500 7,708
Cash at bank and in hand 11,585 15,446
14,085 23,154
Creditors: amounts falling due within one
year
(16,580) (14,632)
Net current (liabilities)/assets (2,495) 8,522
Total assets less current liabilities (683) 14,645
NET (LIABILITIES)/ASSETS (683) 14,645
Capital and reserves
Called up share capital 1 1
Profit and loss account (684) 14,644
TOTAL EQUITY (683) 14,645
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 12939086
Upstep UK Foot Care Solutions Ltd
Balance sheet - continued
as at 31 October 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 30 June 2025 and signed on its behalf by:
Mr P Wells, Director
30 June 2025
2
Upstep UK Foot Care Solutions Ltd
Notes to the financial statements
for the year ended 31 October 2024
1 Company information
Upstep UK Foot Care Solutions Ltd is a private company registered in England and Wales. Its registered number is 12939086. The company is limited by shares. Its registered office is Suite 6 Anson Court, Horninglow Street, Burton-On-Trent, Staffordshire, DE14 1NG.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery:
Plant and machinery - 33% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
3
Upstep UK Foot Care Solutions Ltd
Notes to the financial statements - continued
for the year ended 31 October 2024
2 Accounting policies - continued
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 12 (2023 - 11).
4 Tangible fixed assets
Plant and
machinery
£
Cost
At 1 November 2023 12,934
At 31 October 2024 12,934
Depreciation
At 1 November 2023 6,811
Charge for year 4,311
At 31 October 2024 11,122
Net book value
At 31 October 2024 1,812
At 31 October 2023 6,123
5 Controlling party
The ultimate controlling party is Foot Care Ltd.
Foot Care Ltd is incorporated in Israel.
4