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Company Registration No. 12965622 (England and Wales)
Uplabel Limited Unaudited accounts for the year ended 31 October 2024
Uplabel Limited Unaudited accounts Contents
Page
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Uplabel Limited Company Information for the year ended 31 October 2024
Directors
Pawel Sniadala Krzysztof Martini
Secretary
Aleksandra Nalepka
Company Number
12965622 (England and Wales)
Registered Office
Timsons Business Centre Bath Road Kettering NN16 8NQ
Accountants
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ
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Uplabel Limited Accountants' report
Accountants' report to the board of directors of Uplabel Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Uplabel Limited for the year ended 31 October 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Uplabel Limited, as a body, in accordance with the terms of our engagement letter dated 19 October 2020. Our work has been undertaken solely to prepare for your approval the accounts of Uplabel Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Uplabel Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Uplabel Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Uplabel Limited. You consider that Uplabel Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Uplabel Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ 18 July 2025
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Uplabel Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
9,119 
39,537 
Debtors
12,246 
12,941 
Cash at bank and in hand
428 
13,982 
21,793 
66,460 
Creditors: amounts falling due within one year
(70,307)
(102,166)
Net current liabilities
(48,514)
(35,706)
Net liabilities
(48,514)
(35,706)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(48,517)
(35,709)
Shareholders' funds
(48,514)
(35,706)
For the year ending 31 October 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 18 July 2025 and were signed on its behalf by
Krzysztof Martini Director Company Registration No. 12965622
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Uplabel Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Uplabel Limited is a private company, limited by shares, registered in England and Wales, registration number 12965622. The registered office is Timsons Business Centre , Bath Road, Kettering, NN16 8NQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Going concern
No immediate concerns in relation to the company’s long term future have been identified and the Directors are satisfied that the steps they have taken in the short term are appropriate and effective. The Directors consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support was withdrawn.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,046 
- 
Trade debtors
6,124 
12,761 
Other debtors
76 
180 
12,246 
12,941 
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Uplabel Limited Notes to the Accounts for the year ended 31 October 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,451 
44,282 
VAT
- 
6,043 
Trade creditors
1,246 
- 
Other creditors
9,527 
11,922 
Loans from directors
54,805 
39,550 
Accruals
278 
369 
70,307 
102,166 
6
Average number of employees
During the year the average number of employees was 2 (2023: 4).
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