REGISTERED NUMBER: 10765940 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

PIPELINE UPGRADE LTD

Page

Balance Sheet

1

FIXED ASSETS

306

887

CURRENT ASSETS

171,369

114,993

CREDITORS

Amounts falling due within one year

(144,076

)

(113,201

)

NET CURRENT ASSETS

27,293

1,792

TOTAL ASSETS LESS CURRENT LIABILITIES

27,599

2,679

CREDITORS

Amounts falling due after more than one year

(25,829

)

(2,500

)

NET ASSETS

1,770

179

CAPITAL AND RESERVES

1,770

179

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Pipeline Upgrade Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10765940

Registered office:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

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

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2024 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2025 and 31st December 2024:

31.12.25

31.12.24

£

£

C D Burton

Balance outstanding at start of year

62,056

68,558

Amounts advanced

63,300

66,880

Amounts repaid

(85,796

)

(73,382

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

39,560

62,056

The terms agreed are that the advances are repayable on demand and interest is to be charged on all advances at the official rate where the balance exceeds £10,000 at any time during the year.

Interest of £1,994 (2024: £1,626) has been charged during the year.

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 14th September 2026 and were signed by:

C D Burton - Director