REGISTERED NUMBER: 07433342 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Onwards & Upwards Property Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Broadwell

REGISTERED OFFICE:

Milton House

Queen Street

Morley

Leeds

West Yorkshire

LS27 9EB

REGISTERED NUMBER:

07433342 (England and Wales)

ACCOUNTANTS:

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

FIXED ASSETS

Tangible assets

4

1,628

1,963

CURRENT ASSETS

Debtors

5

165,586

192,639

Cash at bank

55,479

23,041

221,065

215,680

CREDITORS

Amounts falling due within one year

6

70,595

63,222

NET CURRENT ASSETS

150,470

152,458

TOTAL ASSETS LESS CURRENT LIABILITIES

152,098

154,421

CREDITORS

Amounts falling due after more than one year

7

(21,308

)

(27,264

)

PROVISIONS FOR LIABILITIES

(407

)

(373

)

NET ASSETS

130,383

126,784

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

130,381

126,782

130,383

126,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 August 2026 and were signed by:

G Broadwell - Director

1.	STATUTORY INFORMATION

Onwards & Upwards Property Ltd 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

18,800

51,501

70,301

Additions

-

1,238

1,238

At 31 December 2025

18,800

52,739

71,539

DEPRECIATION

At 1 January 2025

18,800

49,538

68,338

Charge for year

-

1,573

1,573

At 31 December 2025

18,800

51,111

69,911

NET BOOK VALUE

At 31 December 2025

-

1,628

1,628

At 31 December 2024

-

1,963

1,963

5.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

42,126

55,338

Other debtors

5,976

2,041

48,102

57,379

Amounts falling due after more than one year:

Other debtors

117,484

135,260

Aggregate amounts

165,586

192,639

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

5,000

5,000

Trade creditors

15,402

9,887

Taxation and social security

27,020

26,459

Other creditors

23,173

21,876

70,595

63,222

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

21,308

27,264

31.12.25

31.12.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,308

7,264