Profit Up Corporation Limited

Profit Up Corporation Limited
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	923,649	923,649
		923,649	923,649
Current assets
Debtors		7,361	3,531
Cash at bank and in hand		36,027	16,120
		43,388	19,651
Creditors: amount falling due within one year		(12,823)	(7,966)
Net current assets		30,565	11,685

Total assets less current liabilities		954,214	935,334
Creditors: amount falling due after more than one year		(992,517)	(968,404)
Net assets		(38,303)	(33,070)

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(38,403)	(33,170)
Shareholders' funds		(38,303)	(33,070)

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 02 September 2026 and were signed on its behalf by:

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Chi Kong Tang
Director

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Man Yi Tang
Director

Profit Up Corporation Limited
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

Profit Up Corporation Limited is a private company, limited by shares, registered in England and Wales, registration number 13117383, registration address C/O Burton Varley Ltd, The Counting House, 24 Richmond Road, Bowdon, Altrincham, WA14 2TT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings

0 Straight Line

2.	Average number of employees Average number of employees during the period was 2 (2025 : 2).

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 February 2025	923,649	923,649
Additions	-	-
Disposals	-	-
At 31 January 2026	923,649	923,649
Depreciation
At 01 February 2025	-	-
Charge for year	-	-
On disposals	-	-
At 31 January 2026	-	-
Net book values
Closing balance as at 31 January 2026	923,649	923,649
Opening balance as at 01 February 2025	923,649	923,649

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100