BrightAccountsProduction v1.0.0 v1.0.0 2024-06-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is property development. 30 March 2026 0 0 06904000 2025-01-31 06904000 2024-05-31 06904000 2023-05-31 06904000 2024-06-01 2025-01-31 06904000 2023-06-01 2024-05-31 06904000 uk-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-01-31 06904000 uk-curr:PoundSterling 2024-06-01 2025-01-31 06904000 uk-bus:AbridgedAccounts 2024-06-01 2025-01-31 06904000 uk-core:ShareCapital 2025-01-31 06904000 uk-core:ShareCapital 2024-05-31 06904000 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 06904000 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 06904000 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-01-31 06904000 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-05-31 06904000 uk-bus:FRS102 2024-06-01 2025-01-31 06904000 uk-core:PlantMachinery 2024-06-01 2025-01-31 06904000 uk-core:FurnitureFittingsToolsEquipment 2024-06-01 2025-01-31 06904000 uk-core:MotorVehicles 2024-06-01 2025-01-31 06904000 uk-core:ParentEntities 2024-06-01 2025-01-31 06904000 uk-countries:UnitedKingdom 2024-06-01 2025-01-31 06904000 uk-bus:Director1 2024-06-01 2025-01-31 06904000 uk-bus:Director2 2024-06-01 2025-01-31 06904000 uk-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-01-31 xbrli:pure iso4217:GBP xbrli:shares

Uptown Property Developments Limited

Abridged Unaudited Financial Statements

for the financial period ended 31 January 2025

Uptown Property Developments Limited

Company Registration Number: 06904000

ABRIDGED BALANCE SHEET

as at 31 January 2025

|  |  | Jan 25 |  | May 24
|  | Notes | £ |  | £
Current Assets

Debtors |  |  | 278,258 |  | 694,035
Cash and cash equivalents |  |  | 350,866 |  | 116,289
|  |  | ───────── |  | ─────────
|  |  | 629,124 |  | 810,324
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  |  | (95,178) |  | (231,188)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 533,946 |  | 579,136
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 533,946 |  | 579,136
Creditors:

amounts falling due after more than one year |  |  | - |  | (43,391)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 533,946 |  | 535,745
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 100 |  | 100
Retained earnings |  |  | 533,846 |  | 535,645
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 533,946 |  | 535,745
|  |  | ═════════ |  | ═════════
The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.

For the financial period ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.

Approved by the Board and authorised for issue on 30 March 2026 and signed on its behalf by

Nicholas McEnery |  |  |  |  |
Director |  |  |  |  |
Sharon McEnery

Director

Uptown Property Developments Limited

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial period ended 31 January 2025

1. | General Information
| Uptown Property Developments Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 06904000. The registered office of the company is 44 Bramcote Road,, Loughborough,, LE11 2SA, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial period ended 31 January 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Turnover comprises the invoice value of goods and services supplied by the company, exclusive of value added tax. Turnover consists of rental income and income from sales of land.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Plant and machinery | - | 20% Straight line
|  | Fixtures, fittings and equipment | - | 12.5% Straight line
|  | Motor vehicles | - | 20% Straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets and all other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Significant accounting judgements and key sources of estimation uncertainty
| The preparation of these financial statements requires management to make judgements, estimates andassumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses. Judgements and estimates are continually evaluated and are based on historical experiences and other factors, including expectations of future events that are believed to be reasonable under the circumstances. a) Fair Value of Investment Properties Investment property whose fair value can be measured reliably without undue cost or effort is measured at fair value with changes in fair value recognised in the profit and loss account. Revalued investment properties are not depreciated or amortised, unless the fair value cannot be measured reliably or without undue cost or effort. The valuations are carried out by the company directors by reference to location of the property and market conditions. (b) Providing for doubtful debts The company makes an estimate of the recoverable value of trade and other debtors. The company uses estimates based on historical experience in determining the level of debts, which the company believes, will not be collected. These estimates include such factors as the current credit rating of the debtor, the ageing profile of debtors and historical experience. Any significant reduction in the level of customers that default on payments or other significant improvements that resulted in a reduction in the level of bad debt provision would have a positive impact on the operating results. The level of provision required is reviewed on an on-going basis. (c) Debt Instruments Debt instruments that are payable or receivable within one year are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

4. | Period of financial statements
| The financial statements are for the 8 month period ended 31 January 2025.

5. | Capital commitments
| The company had no material capital commitments at the financial period-ended 31 January 2025.

6. | Contingent liabilities
| There were no contingent liabilities affecting the company at the year ended 31 January 2025.

7. | Parent company
| The company regards Downtown Property Developments Ltd as its parent company.

8. | Post-Balance Sheet Events
| There have been no significant events affecting the company since the year end.

9. | Changes in Equity
| Other Comprehensive Income | Jan 25 | May 24
|  | £ | £
| Retained earnings taxation on realised revaluation gains | - | 76,354
|  | ═════════ | ═════════