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REGISTERED NUMBER: 15310507 (England and Wales)















Unaudited Financial Statements

For The Period 28 November 2023 to 31 December 2024

for

Upward Capital Limited

Upward Capital Limited (Registered number: 15310507)






Contents of the Financial Statements
For The Period 28 November 2023 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Upward Capital Limited

Company Information
For The Period 28 November 2023 to 31 December 2024







DIRECTORS: A J Davisson
M Andersson





REGISTERED OFFICE: Mill House
58 Guildford Street
Chertsey
Surrey
KT16 9BE





REGISTERED NUMBER: 15310507 (England and Wales)





ACCOUNTANTS: Fuller Spurling
Mill House
58 Guildford Street
Chertsey
Surrey
KT16 9BE

Upward Capital Limited (Registered number: 15310507)

Balance Sheet
31 December 2024

Notes £   
CURRENT ASSETS
Investments 4 2,161,124
Cash at bank 4,138
2,165,262
CREDITORS
Amounts falling due within one year 5 2,198,887
NET CURRENT LIABILITIES (33,625 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(33,625

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (33,725 )
SHAREHOLDERS' FUNDS (33,625 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:





A J Davisson - Director


Upward Capital Limited (Registered number: 15310507)

Notes to the Financial Statements
For The Period 28 November 2023 to 31 December 2024

1. STATUTORY INFORMATION

Upward Capital Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on the basis of the company continuing as a going concern for the foreseeable future for which reliance is placed on the support of the directors who have confirmed that they will not seek repayment of their loans until all other creditors have been paid in full.

Turnover
Turnover is measured at the fair value of the consideration received or receivable in relation to deals in shares and securities and is recognised when completion takes place.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors
Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Current asset investments
Current asset investments are stated at market value at the balance sheet date. Changes in market value are recognised in the income statement as they arise and upon revaluation at the year end.. The market value is determined based on quoted prices at the balance sheet date.Transactions in foreign currency are converted into sterling at rates prevailing during the year and balances in foreign currency at the balance sheet date are revalued at the year end rate.Gains or losses on exchange rates are recognised in the income statement at the year end

Upward Capital Limited (Registered number: 15310507)

Notes to the Financial Statements - continued
For The Period 28 November 2023 to 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. CURRENT ASSET INVESTMENTS
£   
Listed investments 2,161,124

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 2,197,045
Accrued expenses 1,842
2,198,887