REGISTERED NUMBER: 05116274 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Upper 10 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D E Mullen

K Martin

D T Mullen

SECRETARY:

D E Mullen

REGISTERED OFFICE:

2 Clifton Moor Business Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

REGISTERED NUMBER:

05116274 (England and Wales)

ACCOUNTANTS:

Beckingtons

2 Clifton Moor Business

Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

FIXED ASSETS

Tangible assets

4

10,303

11,655

CURRENT ASSETS

Stocks

1,400

1,200

Debtors

5

173,583

342,318

Cash at bank and in hand

106,582

29,537

281,565

373,055

CREDITORS

Amounts falling due within one year

6

283,983

367,761

NET CURRENT (LIABILITIES)/ASSETS

(2,418

)

5,294

TOTAL ASSETS LESS CURRENT LIABILITIES

7,885

16,949

CREDITORS

Amounts falling due after more than one year

7

(833

)

(10,833

)

PROVISIONS FOR LIABILITIES

(2,576

)

(2,914

)

NET ASSETS

4,476

3,202

CAPITAL AND RESERVES

Called up share capital

8

2,000

2,000

Retained earnings

2,476

1,202

SHAREHOLDERS' FUNDS

4,476

3,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 19 January 2026 and were signed on its behalf by:

D E Mullen - Director

1.	STATUTORY INFORMATION

Upper 10 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 reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2024

1,191

47,263

35,215

83,669

Additions

-

-

1,515

1,515

At 30 April 2025

1,191

47,263

36,730

85,184

DEPRECIATION

At 1 May 2024

570

39,574

31,870

72,014

Charge for year

93

1,154

1,620

2,867

At 30 April 2025

663

40,728

33,490

74,881

NET BOOK VALUE

At 30 April 2025

528

6,535

3,240

10,303

At 30 April 2024

621

7,689

3,345

11,655

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

169,878

200,699

Other debtors

3,705

141,619

173,583

342,318

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

19,716

22,121

Trade creditors

93,308

101,529

Taxation and social security

84,926

169,384

Other creditors

86,033

74,727

283,983

367,761

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

833

10,833

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

1,800

Ordinary A

£1

1,800

1,800

100

Ordinary B

£1

100

100

100

Ordinary C

£1

100

100

2,000

2,000

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

D E Mullen and D T Mullen

Balance outstanding at start of year

134,728

90,864

Amounts advanced

-

134,864

Amounts repaid

(134,728

)

(91,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

134,728