Company Registration No. 07874905 (England and Wales)
Upton Grey Ltd
Unaudited accounts
for the year ended 31 December 2024
Upton Grey Ltd
Unaudited accounts
Contents
Upton Grey Ltd
Company Information
for the year ended 31 December 2024
Company Number
07874905 (England and Wales)
Registered Office
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Upton Grey Ltd
Accountants' report
Accountants' report to the director of Upton Grey Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Upton Grey Ltd for the year ended
31 December 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 Upton Grey Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Upton Grey Ltd 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 Upton Grey Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Upton Grey Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Upton Grey Ltd. You consider that Upton Grey Ltd 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 Upton Grey Ltd. 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.
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
18 September 2025
Upton Grey Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
1,218
1,686
Cash at bank and in hand
6,927
3,855
Creditors: amounts falling due within one year
(21,802)
(29,955)
Net current (liabilities)/assets
(333)
2,862
Called up share capital
1
1
Profit and loss account
884
4,547
Shareholders' funds
885
4,548
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 director acknowledges her 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 and authorised for issue on 18 September 2025 and were signed on its behalf by
Tharaha Sukarnan
Director
Company Registration No. 07874905
Upton Grey Ltd
Notes to the Accounts
for the year ended 31 December 2024
Upton Grey Ltd is a private company, limited by shares, registered in England and Wales, registration number 07874905. The registered office is Morritt House, 54-60 Station Approach, South Ruislip, Ruislip, HA4 6SA.
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.
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Upton Grey Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
504
23,844
24,348
At 31 December 2024
504
23,844
24,348
At 1 January 2024
504
22,158
22,662
Charge for the year
-
468
468
At 31 December 2024
504
22,626
23,130
At 31 December 2024
-
1,218
1,218
At 31 December 2023
-
1,686
1,686
Amounts falling due within one year
Accrued income and prepayments
131
131
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
9,550
11,324
Taxes and social security
5,433
6,338
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).