UPW INDUSTRIAL APPLICATIONS LTD

UPW INDUSTRIAL APPLICATIONS LTD

UPW INDUSTRIAL APPLICATIONS LTD - Company Information

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1 October 2020 false No description of principal activity Taxfiler 2022.8.3 02461213business:PrivateLimitedCompanyLtd2020-10-012021-09-30 024612132020-09-30 024612132020-10-012021-09-30 02461213business:AuditExempt-NoAccountantsReport2020-10-012021-09-30 02461213business:FullAccounts2020-10-012021-09-30 024612132021-09-30 02461213business:Director12020-10-012021-09-30 02461213business:RegisteredOffice2020-10-012021-09-30 024612132020-09-30 02461213core:WithinOneYear2021-09-30 02461213core:WithinOneYear2020-09-30 02461213core:AfterOneYear2021-09-30 02461213core:AfterOneYear2020-09-30 02461213core:ShareCapital2021-09-30 02461213core:ShareCapital2020-09-30 02461213core:CapitalRedemptionReserve2021-09-30 02461213core:CapitalRedemptionReserve2020-09-30 02461213core:RetainedEarningsAccumulatedLosses2021-09-30 02461213core:RetainedEarningsAccumulatedLosses2020-09-30 02461213business:SmallEntities2020-10-012021-09-30 02461213countries:EnglandWales2020-10-012021-09-30 02461213core:PlantMachinery2020-10-012021-09-30 02461213core:MotorVehicles2020-10-012021-09-30 02461213core:FurnitureFittings2020-10-012021-09-30 02461213core:ComputerEquipment2020-10-012021-09-30 02461213core:PlantMachinery2020-09-30 02461213core:MotorVehicles2020-09-30 02461213core:FurnitureFittings2020-09-30 02461213core:ComputerEquipment2020-09-30 02461213core:PlantMachinery2021-09-30 02461213core:MotorVehicles2021-09-30 02461213core:FurnitureFittings2021-09-30 02461213core:ComputerEquipment2021-09-30 024612132019-10-012020-09-30 iso4217:GBP xbrli:pure
Company Registration No. 02461213 (England and Wales)
UPW INDUSTRIAL APPLICATIONS LTD Unaudited accounts for the year ended 30 September 2021
UPW INDUSTRIAL APPLICATIONS LTD Unaudited accounts Contents
Page
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UPW INDUSTRIAL APPLICATIONS LTD Company Information for the year ended 30 September 2021
Director
Roger Wiltshire
Company Number
02461213 (England and Wales)
Registered Office
1 EPSOM ROAD GUILDFORD GU1 3JT ENGLAND
Accountants
360 Accounts and Bookkeeping Ltd 1 Epsom Road Guildford Surrey GU1 3 JT
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UPW INDUSTRIAL APPLICATIONS LTD Statement of financial position as at 30 September 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
30,709 
65,034 
Current assets
Debtors
5
9,287 
42,405 
Cash at bank and in hand
903 
21,660 
10,190 
64,065 
Creditors: amounts falling due within one year
6
(105,968)
(263,144)
Net current liabilities
(95,778)
(199,079)
Total assets less current liabilities
(65,069)
(134,045)
Creditors: amounts falling due after more than one year
7
(267,572)
(78,249)
Provisions for liabilities
Deferred tax
- 
(13,298)
Net liabilities
(332,641)
(225,592)
Capital and reserves
Called up share capital
119,000 
119,000 
Capital redemption reserve
60,000 
60,000 
Profit and loss account
(511,641)
(404,592)
Shareholders' funds
(332,641)
(225,592)
For the year ending 30 September 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 August 2022 and were signed on its behalf by
Roger Wiltshire Director Company Registration No. 02461213
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UPW INDUSTRIAL APPLICATIONS LTD Notes to the Accounts for the year ended 30 September 2021
1
Statutory information
UPW INDUSTRIAL APPLICATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 02461213. The registered office is 1 EPSOM ROAD, GUILDFORD, GU1 3JT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 September 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2019. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
33% Reducing balance
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UPW INDUSTRIAL APPLICATIONS LTD Notes to the Accounts for the year ended 30 September 2021
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2020
122,157 
123,586 
81,924 
8,044 
335,711 
Disposals
- 
(75,180)
(73,645)
- 
(148,825)
At 30 September 2021
122,157 
48,406 
8,279 
8,044 
186,886 
Depreciation
At 1 October 2020
110,321 
86,725 
67,527 
6,104 
270,677 
Charge for the year
1,777 
4,755 
897 
640 
8,069 
On disposals
- 
(57,340)
(65,229)
- 
(122,569)
At 30 September 2021
112,098 
34,140 
3,195 
6,744 
156,177 
Net book value
At 30 September 2021
10,059 
14,266 
5,084 
1,300 
30,709 
At 30 September 2020
11,836 
36,861 
14,397 
1,940 
65,034 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
- 
9,612 
Trade debtors
8,087 
99 
Accrued income and prepayments
- 
31,494 
Other debtors
1,200 
1,200 
9,287 
42,405 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
42,200 
- 
Obligations under finance leases and hire purchase contracts
- 
28,728 
Trade creditors
- 
3,895 
Taxes and social security
1,570 
104,812 
Other creditors
22,769 
122,909 
Loans from directors
32,249 
- 
Accruals
7,180 
2,800 
105,968 
263,144 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
49,375 
50,000 
Other creditors
100,158 
- 
Taxes and social security
118,039 
- 
Loans from directors
- 
28,249 
267,572 
78,249 
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UPW INDUSTRIAL APPLICATIONS LTD Notes to the Accounts for the year ended 30 September 2021
8
Average number of employees
During the year the average number of employees was 10 (2020: 15).
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