Upton Smokery Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05474866

Upton Smokery Limited

Filleted Unaudited Financial Statements

30 September 2025

Upton Smokery Limited

Financial Statements

year ended 30th September 2025

Contents	Page

Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Upton Smokery Limited

Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Upton Smokery Limited

year ended 30th September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Upton Smokery Limited for the year ended 30th September 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the director of Upton Smokery Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Upton Smokery Limited and state those matters that we have agreed to state to you in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Upton Smokery Limited and its director for our work or for this report.

It is your duty to ensure that Upton Smokery Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Upton Smokery Limited. You consider that Upton Smokery Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Upton Smokery Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

A J CARTER & CO LIMITED Chartered Certified Accountants

22b High Street Witney Oxon OX28 6RB

15 June 2026

Upton Smokery Limited

Statement of Financial Position

30 September 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		343,204	387,712

Current assets

Stocks		47,124	65,862
Debtors	6	24,279	88,606
		--------	---------
		71,403	154,468

Creditors: amounts falling due within one year	7	361,439		403,901
		---------		---------
Net current liabilities			290,036	249,433
			---------	---------
Total assets less current liabilities			53,168	138,279

Creditors: amounts falling due after more than one year	8	507,655	538,410
		---------	---------
Net liabilities		( 454,487)	( 400,131)
		---------	---------

Capital and reserves

Called up share capital	100,000	100,000
Profit and loss account	( 554,487)	( 500,131)
	---------	---------
Shareholders deficit	( 454,487)	( 400,131)
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30th September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Upton Smokery Limited

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 15 June 2026 , and are signed on behalf of the board by:

C W A Mills
Director

Company registration number: 05474866

Upton Smokery Limited

Notes to the Financial Statements

year ended 30th September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hurst Barn, Little Barrington, Burford, OX18 4TH, Oxon.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	10% reducing balance
Plant and machinery	-	20% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance

	Computer equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£	£
Cost
At 1 Oct 2024 and 30 Sep 2025	988,492	172,206	157,583	31,790	4,367	1,354,438
	---------	---------	---------	--------	-------	------------
Depreciation
At 1 Oct 2024	652,374	132,066	146,595	31,324	4,367	966,726
Charge for the year	33,612	8,028	2,752	116	–	44,508
	---------	---------	---------	--------	-------	------------
At 30 Sep 2025	685,986	140,094	149,347	31,440	4,367	1,011,234
	---------	---------	---------	--------	-------	------------
Carrying amount
At 30 Sep 2025	302,506	32,112	8,236	350	–	343,204
	---------	---------	---------	--------	-------	------------
At 30 Sep 2024	336,118	40,140	10,988	466	–	387,712
	---------	---------	---------	--------	-------	------------

6. Debtors

	2025	2024
	£	£
Trade debtors	13,480	39,579
Other debtors	10,799	49,027
	--------	--------
	24,279	88,606
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	83,917	73,941
Trade creditors	57,036	76,185
Corporation tax	–	10,105
Social security and other taxes	12,397	61,661
Other creditors	208,089	182,009
	---------	---------
	361,439	403,901
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	507,655	538,410
	---------	---------

9. Related party transactions

Included in creditors is £183,288 (2024: £176,109) being the amount attributable to directors current accounts.