REGISTERED NUMBER: 07341570 (England and Wales)

UPPER BAVENEY HOLDINGS LIMITED

Unaudited Financial Statements for the Year Ended 31 January 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs E L Purchase

L O Purchase

SECRETARY:

Mrs E L Purchase

REGISTERED OFFICE:

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

REGISTERED NUMBER:

07341570 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

2,223,474

2,284,243

Investments

5

100

100

2,223,574

2,284,343

CURRENT ASSETS

Debtors

6

44,999

103,199

Cash at bank

25,602

36,101

70,601

139,300

CREDITORS

Amounts falling due within one year

7

208,124

818,140

NET CURRENT LIABILITIES

(137,523

)

(678,840

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,086,051

1,605,503

CREDITORS

Amounts falling due after more than one year

8

(555,666

)

(599,096

)

PROVISIONS FOR LIABILITIES

(85,691

)

(110,899

)

NET ASSETS

1,444,694

895,508

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

1,444,594

895,408

SHAREHOLDERS' FUNDS

1,444,694

895,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 29 October 2026 and were signed on its behalf by:

L O Purchase - Director

1.	STATUTORY INFORMATION

Upper Baveney Holdings 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

not provided

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 February 2025

1,734,441

608,071

7,483

429,756

2,779,751

Additions

-

16,000

-

133,785

149,785

Disposals

-

(42,270

)

-

(107,031

)

(149,301

)

At 31 January 2026

1,734,441

581,801

7,483

456,510

2,780,235

DEPRECIATION

At 1 February 2025

-

338,621

7,363

149,524

495,508

Charge for year

-

42,100

120

85,779

127,999

Eliminated on disposal

-

(21,592

)

-

(45,154

)

(66,746

)

At 31 January 2026

-

359,129

7,483

190,149

556,761

NET BOOK VALUE

At 31 January 2026

1,734,441

222,672

-

266,361

2,223,474

At 31 January 2025

1,734,441

269,450

120

280,232

2,284,243

The net book value of tangible fixed assets includes £ 291,981 (2025 - £ 377,594 ) in respect of assets held under hire purchase contracts.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2025

and 31 January 2026

100

NET BOOK VALUE

At 31 January 2026

100

At 31 January 2025

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

44,999

28,199

Directors' current accounts

-

75,000

44,999

103,199

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

30,741

29,626

Hire purchase contracts

85,090

114,624

Trade creditors

4,323

818

Amounts owed to group undertakings

-

617,698

Social security and other taxes

31,544

17,978

VAT

14,052

14,179

Accruals and deferred income

42,374

23,217

208,124

818,140

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

31,898

30,741

Bank loans - 2-5 years

103,078

99,339

Bank loans more 5 yr by instal

346,672

382,306

Hire purchase contracts

74,018

86,710

555,666

599,096

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

346,672

382,306

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

512,389

542,012

Hire purchase contracts

159,108

201,334

671,497

743,346

The bank loan is secured over the freehold property.

The hire purchase is secured to the asset of which it relates.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

L O Purchase and Mrs E L Purchase

Balance outstanding at start of year

75,000

149,521

Amounts advanced

-

280,000

Amounts repaid

(75,000

)

(354,521

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

75,000

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr L Purchase & Mrs E Purchase