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REGISTERED NUMBER: 10765940 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

PIPELINE UPGRADE LTD

PIPELINE UPGRADE LTD (REGISTERED NUMBER: 10765940)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31ST DECEMBER 2024




Page

Balance Sheet 1


PIPELINE UPGRADE LTD (REGISTERED NUMBER: 10765940)

BALANCE SHEET
31ST DECEMBER 2024

31.12.24 31.12.23
£    £    £    £   
FIXED ASSETS 887 1,469

CURRENT ASSETS 114,993 95,471

CREDITORS
Amounts falling due within one year (113,201 ) (87,555 )
NET CURRENT ASSETS 1,792 7,916
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,679

9,385

CREDITORS
Amounts falling due after more than one
year

(2,500

)

(8,500

)
NET ASSETS 179 885

CAPITAL AND RESERVES 179 885

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Pipeline Upgrade Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10765940

Registered office: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

The presentation currency of the financial statements is the Pound Sterling (£).


2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

31.12.24 31.12.23
£    £   
C D Burton
Balance outstanding at start of year 68,558 60,855
Amounts advanced 66,880 61,615
Amounts repaid (73,382 ) (53,912 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 62,056 68,558

The terms agreed are that the advances are repayable on demand and interest is to be charged on all advances at the official rate where the balance exceeds £10,000 at any time during the year.

Interest of £1,626 (2023 : £1,747) has been charged during the year.


PIPELINE UPGRADE LTD (REGISTERED NUMBER: 10765940)

BALANCE SHEET - continued
31ST DECEMBER 2024



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 24th July 2025 and were signed by:





C D Burton - Director