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Company Registration No. 14541642 (England and Wales)
Upperton Investment Ltd Unaudited accounts for the year ended 31 December 2025
Upperton Investment Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Upperton Investment Ltd Company Information for the year ended 31 December 2025
Directors
David Lincoln Willis James Patrick Taylor
Company Number
14541642 (England and Wales)
Registered Office
1st Floor Cornelius House 178-180 Church Road Hove East Sussex BN3 2DJ England
Accountants
KMG Accountancy Ltd The Offices 57 Newtown Road Hove BN3 7BA
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Upperton Investment Ltd for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Upperton Investment Ltd for the year ended 31 December 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
KMG Accountancy Ltd Chartered Accountants The Offices 57 Newtown Road Hove BN3 7BA 14 August 2026
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Upperton Investment Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
7,672,143
3,143,409
Current assets
Debtors
5
33,952
54,482
Cash at bank and in hand
45,094
1,336
79,046
55,818
Creditors: amounts falling due within one year
6
(1,300,518)
(1,274,366)
Net current liabilities
(1,221,472)
(1,218,548)
Total assets less current liabilities
6,450,671
1,924,861
Creditors: amounts falling due after more than one year
7
(7,019,505)
(1,952,910)
Net liabilities
(568,834)
(28,049)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(568,934)
(28,149)
Shareholders' funds
(568,834)
(28,049)
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 14 August 2026 and were signed on its behalf by
David Lincoln Willis Director Company Registration No. 14541642
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Upperton Investment Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Upperton Investment Ltd is a private company, limited by shares, registered in England and Wales, registration number 14541642. The registered office is 1st Floor Cornelius House, 178-180 Church Road, Hove, East Sussex, BN3 2DJ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2025
£
Fair value at 1 January 2025
3,143,409
Additions
4,528,734
At 31 December 2025
7,672,143
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
4,800
18,977
Accrued income and prepayments
-
6,009
Other debtors
29,152
29,496
33,952
54,482
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Upperton Investment Ltd Notes to the Accounts for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
102,130
20,472
Other creditors
1,187,621
1,241,742
Loans from directors
10,117
10,117
Accruals
650
2,035
1,300,518
1,274,366
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
7,019,505
1,952,910
The Company has provided its Investment Property as security and granted fixed charges on the property where appropriate.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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