REGISTERED NUMBER: 03674639 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Upton Quality Inns Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M A Upton

Mr M A Upton

Mr S J Upton

SECRETARY:

REGISTERED OFFICE:

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

REGISTERED NUMBER:

03674639 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

78,018

96,359

78,018

96,359

CURRENT ASSETS

Stocks

16,000

15,241

Debtors

6

45,927

34,816

Cash at bank and in hand

9,494

44,293

71,421

94,350

CREDITORS

Amounts falling due within one year

7

198,799

182,563

NET CURRENT LIABILITIES

(127,378

)

(88,213

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(49,360

)

8,146

PROVISIONS FOR LIABILITIES

8

1,518

11,370

NET LIABILITIES

(50,878

)

(3,224

)

CAPITAL AND RESERVES

Called up share capital

9

17,522

17,522

Retained earnings

10

(68,400

)

(20,746

)

SHAREHOLDERS' FUNDS

(50,878

)

(3,224

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

Mr S J Upton - Director

1.	STATUTORY INFORMATION

Upton Quality Inns Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold and Improvements

-

over the term of the lease

Fixtures and fittings

-

15% on reducing balance basis

Motor vehicles

-

25% on reducing balance basis

Computer equipment

-

33.33% on reducing balance basis

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 26 (2024 - 26 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

19,776

AMORTISATION

At 1 December 2024

and 30 November 2025

19,776

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Leasehold

Fixtures

and

and

Motor

Computer

Improvements

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

139,261

224,115

70,943

17,580

451,899

Additions

-

166

-

253

419

At 30 November 2025

139,261

224,281

70,943

17,833

452,318

DEPRECIATION

At 1 December 2024

114,358

189,287

35,989

15,906

355,540

Charge for year

4,150

5,243

8,738

629

18,760

At 30 November 2025

118,508

194,530

44,727

16,535

374,300

NET BOOK VALUE

At 30 November 2025

20,753

29,751

26,216

1,298

78,018

At 30 November 2024

24,903

34,828

34,954

1,674

96,359

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,000

5,000

Credit card account

5,462

3,379

Other debtors

11,210

11,210

Directors' loan accounts

23,441

14,381

Prepayments and accrued income

814

846

45,927

34,816

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,017

15,000

Hire purchase contracts

20,596

29,426

Trade creditors

34,609

66,673

Tax

249

9,778

Social security and other taxes

11,613

3,402

Pension control

929

749

VAT

81,949

42,092

Other creditors

10,660

5,779

J Wooten loan

20,000

-

Accrued expenses

9,177

9,664

198,799

182,563

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

10,563

13,189

Tax losses carried forward

(9,045

)

(1,819

)

1,518

11,370

Deferred

tax

£

Balance at 1 December 2024

11,370

Provided during year

(9,852

)

Balance at 30 November 2025

1,518

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

17,522

Ordinary Shares

£1

17,522

17,522

10.

RESERVES

Retained

earnings

£

At 1 December 2024

(20,746

)

Deficit for the year

(47,654

)

At 30 November 2025

(68,400

)

11.	CONTROLING PARTIES

The immediate and ultimate controling parties during the year were the directors.