REGISTERED NUMBER: 11454786 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

NJ & LR UPTON LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Upton

Mrs L Upton

REGISTERED OFFICE:

40 Wren Avenue

Perton

Wolverhampton

WV6 7TS

REGISTERED NUMBER:

11454786 (England and Wales)

ACCOUNTANTS:

Rice & Co (Brownhills) Limited

Chartered Accountants

90 High Street

Brownhills

Walsall

West Midlands

WS8 6EW

FIXED ASSETS

Tangible assets

4

415,331

413,530

CURRENT ASSETS

Debtors

288

248

Cash at bank

49,866

43,559

50,154

43,807

CREDITORS

Amounts falling due within one year

149,831

150,041

NET CURRENT LIABILITIES

(99,677

)

(106,234

)

TOTAL ASSETS LESS CURRENT LIABILITIES

315,654

307,296

CREDITORS

Amounts falling due after more than one year

5

(287,871

)

(288,171

)

PROVISIONS FOR LIABILITIES

(342

)

-

NET ASSETS

27,441

19,125

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

27,439

19,123

SHAREHOLDERS' FUNDS

27,441

19,125

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

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 November 2025 and were signed on its behalf by:

Mrs L Upton - Director

1.	STATUTORY INFORMATION

NJ & LR Upton 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.

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

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.

Turnover is recognised when goods have been delivered to customers, or services completed, such that the risks & rewards of ownership have been transferred to them.

Tangible fixed assets

Freehold Property is not depreciated where the directors are of the opinion that the buildings concerned are sufficiently well maintained to ensure that the residual value of the property is not less than its carrying value and accordingly depreciation would not be material to the financial statements.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2024

413,530

Additions

2,402

At 31 July 2025

415,932

DEPRECIATION

Charge for year

601

At 31 July 2025

601

NET BOOK VALUE

At 31 July 2025

415,331

At 31 July 2024

413,530

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Mortgage more 5 yr by instal

244,358

245,873

6.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

298,749

298,746

The mortgage loan on freehold property situated at 57 Beveley Road, Oakengates, Telford TF2 6DL is secured by a legal mortgage and debenture dated 9th November 2018 for all the monies and liabilities whatsoever, whenever and howsoever incurred by the company whether now or in the future.

The mortgage loan on freehold property situated at 24 Hendy Avenue, Telford TF1 5GN is secured by a legal mortgage and debenture dated 18th November 2019 for all the monies and liabilities whatsoever, whenever and howsoever incurred by the company whether now or in the future.

The mortgage loan on freehold property situated at 16 Meese Close, Telford TF1 3LP is secured by a legal mortgage and debenture dated 26th May 2021 for all the monies and liabilities whatsover, whenever and howsoever incurred by the company whether now or in the future.