Company Registration No. SC711019 (Scotland)
UPAD Property Limited
Unaudited accounts
for the year ended 31 December 2024
UPAD Property Limited
Unaudited accounts
Contents
UPAD Property Limited
Company Information
for the year ended 31 December 2024
Directors
Christopher Thomas Kelly
Allan Beckett
Company Number
SC711019 (Scotland)
Registered Office
THE UPAC GROUP LTD
133 BARFILLAN DRIVE
GLASGOW
G52 1BD
UNITED KINGDOM
UPAD Property Limited
Statement of financial position
as at 31 December 2024
Investment property
751,405
634,547
Cash at bank and in hand
14,095
10,796
Creditors: amounts falling due within one year
(2,048)
(8,016)
Net current assets
12,047
2,780
Total assets less current liabilities
763,452
637,327
Creditors: amounts falling due after more than one year
(754,478)
(631,520)
Called up share capital
100
100
Profit and loss account
8,874
5,707
Shareholders' funds
8,974
5,807
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 13 August 2025 and were signed on its behalf by
Christopher Thomas Kelly
Director
Company Registration No. SC711019
UPAD Property Limited
Notes to the Accounts
for the year ended 31 December 2024
UPAD Property Limited is a private company, limited by shares, registered in Scotland, registration number SC711019. The registered office is THE UPAC GROUP LTD, 133 BARFILLAN DRIVE, GLASGOW, G52 1BD, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Average number of employees
During the year the average number of employees was 1 (2023: 5).