Company Registration No. SC523666 (Scotland)
UP Logistics Limited
Unaudited accounts
for the year ended 31 March 2025
UP Logistics Limited
Unaudited accounts
Contents
UP Logistics Limited
Company Information
for the year ended 31 March 2025
Company Number
SC523666 (Scotland)
Registered Office
2 Limekilns Road
Cumbernauld
Glasgow
G97 2RN
Scotland
UP Logistics Limited
Statement of financial position
as at 31 March 2025
Tangible assets
158,684
90,389
Cash at bank and in hand
123,354
177,285
Creditors: amounts falling due within one year
(311,900)
(244,816)
Net current assets
323,047
285,803
Total assets less current liabilities
481,731
376,192
Creditors: amounts falling due after more than one year
(16,873)
(25,629)
Provisions for liabilities
Deferred tax
(27,791)
(17,741)
Net assets
437,067
332,822
Profit and loss account
437,067
332,822
Shareholders' funds
437,067
332,822
For the year ending 31 March 2025 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 his 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 15 November 2025 and were signed on its behalf by
Alan Booth
Director
Company Registration No. SC523666
UP Logistics Limited
Notes to the Accounts
for the year ended 31 March 2025
UP Logistics Limited is a private company, limited by shares, registered in Scotland, registration number SC523666. The registered office is 2 Limekilns Road, Cumbernauld, Glasgow, G97 2RN, Scotland.
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.
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:
Plant & machinery
Plant is depreciated at 25% per year
Motor vehicles
Vehicle are depreciated at 25% per year
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
174,263
5,490
4,007
183,760
Additions
121,190
-
-
121,190
At 31 March 2025
295,453
5,490
4,007
304,950
At 1 April 2024
88,948
2,402
2,021
93,371
Charge for the year
51,626
772
497
52,895
At 31 March 2025
140,574
3,174
2,518
146,266
At 31 March 2025
154,879
2,316
1,489
158,684
At 31 March 2024
85,315
3,088
1,986
90,389
UP Logistics Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
446,362
332,426
Accrued income and prepayments
15
-
Amounts falling due after more than one year
Amounts due from group undertakings etc.
65,216
20,908
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
74,427
10,969
Trade creditors
147,134
158,916
Taxes and social security
36,307
42,641
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
15,206
13,962
8
Average number of employees
During the year the average number of employees was 14 (2024: 14).