Onwards & Upwards Ventures Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14789527

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		345,000		345,000

			345,000		345,000
CURRENT ASSETS
Debtors	5	35,755		-
Cash at bank and in hand		72,813		13,226

		108,568		13,226
Creditors: Amounts Falling Due Within One Year	6	(1,621 )		(1,559 )

NET CURRENT ASSETS (LIABILITIES)			106,947		11,667

TOTAL ASSETS LESS CURRENT LIABILITIES			451,947		356,667

Creditors: Amounts Falling Due After More Than One Year	7		(489,755 )		(395,626 )

NET LIABILITIES			(37,808 )		(38,959 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Fair value reserve	10		(28,888 )		(28,888 )
Profit and Loss Account			(9,020 )		(10,171 )

SHAREHOLDERS' FUNDS			(37,808)		(38,959)

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Onwards & Upwards Ventures Ltd

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr G Bradley

Director

16 June 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Onwards & Upwards Ventures Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14789527 . The registered office is 43 Ryswick Road, Kempston, Bedford, MK42 8SW.

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

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rental of investment property.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, excluding directors who are not employees under a contract of service, during the year was: NIL (2025: NIL)

4. Investment Property

	2026
	£
Fair Value
As at 1 May 2025 and 30 April 2026	345,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2026	2025
	£	£
Cost	373,888	373,888

Investment Property was valued on an open market basis on 6 May 2026 by the director.

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Onwards & Upwards Ventures Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	35,755	-

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Accruals and deferred income	1,621	1,559

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	159,519	159,517
Directors loan account	330,236	236,109

	489,755	395,626

8. Secured Creditors

Of the creditors the following amounts are secured.

The bank loan is secured against Investment Property.

	2026		2025
	£		£
Bank loans and overdrafts	159,519		159,517

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

10. Reserves

	Fair value reserve	Profit and Loss Account
	£	£
As at 1 May 2025	(28,888 )	(10,171 )
Profit for the year and total comprehensive income	-	1,151

As at 30 April 2026	(28,888 )	(9,020 )

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