Upton Builders & Sons Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11911959 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Upton Builders & Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J A A O'Malley

Mr O E Peart

Mr J G Peart

Mr G J M R Peart

SECRETARY:

Mrs L Peart

REGISTERED OFFICE:

35b Churchfield Road

Upton St. Leonards

Gloucester

Gloucestershire

GL4 8BA

REGISTERED NUMBER:

11911959 (England and Wales)

ACCOUNTANTS:

Stanbridge Accountancy Services Limited

9 Wheatstone Court

Waterwells Business Park

Davy Way

Gloucester

Gloucestershire

GL2 2AQ

FIXED ASSETS

Tangible assets

4

74,599

112,519

CURRENT ASSETS

Debtors

5

144,208

199,269

Cash at bank

100,283

151,669

244,491

350,938

CREDITORS

Amounts falling due within one year

6

91,165

249,002

NET CURRENT ASSETS

153,326

101,936

TOTAL ASSETS LESS CURRENT
LIABILITIES

227,925

214,455

CAPITAL AND RESERVES

Called up share capital

7

335

Retained earnings

8

227,590

214,120

SHAREHOLDERS' FUNDS

227,925

214,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 9 October 2025 and were signed on its behalf by:

Mrs J A A O'Malley - Director

1.	STATUTORY INFORMATION

Upton Builders & Sons 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

straight line over 3 years

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2024

85,958

157,588

3,025

246,571

Additions

-

2,249

2,076

4,325

At 31 March 2025

85,958

159,837

5,101

250,896

DEPRECIATION

At 1 April 2024

56,986

75,530

1,536

134,052

Charge for year

12,894

27,915

1,436

42,245

At 31 March 2025

69,880

103,445

2,972

176,297

NET BOOK VALUE

At 31 March 2025

16,078

56,392

2,129

74,599

At 31 March 2024

28,972

82,058

1,489

112,519

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

80,010

131,792

Retention

35,153

54,027

Amounts owed by group undertakings

6,106

Other debtors

-

417

VAT

22,939

6,927

144,208

199,269

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

1

272

Amounts owed to group undertakings

6,157

Tax

51,309

46,757

Social security and other taxes

17,391

15,971

Directors' current accounts

13,682

67,810

Accrued expenses

2,625

112,035

91,165

249,002

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

300

Ordinary

£1

300

5

A Ordinary

1

5

B Ordinary

1

5

310

Further shares were issued in the year which are detailed below:

£

5 C Ordinary Shares issued at £1 each

5.00

5 D Ordinary Shares issued at £1 each

5.00

5 E Ordinary Shares issued at £1 each

5.00

5 F Ordinary Shares issued at £1 each

5.00

5 G Ordinary Shares issued at £1 each

5.00

8.

RESERVES

Retained

earnings

£

At 1 April 2024

214,120

Profit for the year

115,470

Dividends

(102,000

)

At 31 March 2025

227,590

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within creditors falling due within one year are amounts due to the directors of £13,682 (2024 - £67,810) These amounts do not attract interest and have no specified repayment date.

10.	ULTIMATE CONTROLLING PARTY

The controlling party and the ultimate controlling party are not known.