Company Registration No. 10963133 (England and Wales)
UPLANDS TELEVISION LIMITED
Unaudited accounts
for the year ended 30 December 2022
UPLANDS TELEVISION LIMITED
Unaudited accounts
Contents
UPLANDS TELEVISION LIMITED
Company Information
for the year ended 30 December 2022
Directors
Michael Richard Smith
David Adetayo Olusoga
Company Number
10963133 (England and Wales)
Registered Office
59 IMPERIAL WAY
CROYDON
CR0 4RR
ENGLAND
UPLANDS TELEVISION LIMITED
Statement of financial position
as at 30 December 2022
Tangible assets
4,200
6,300
Cash at bank and in hand
23,135
208,687
Creditors: amounts falling due within one year
(1,363,996)
(858,939)
Net current assets
32,364
49,664
Called up share capital
1
1
Share premium
749,941
749,941
Profit and loss account
(713,378)
(693,978)
Shareholders' funds
36,564
55,964
For the year ending 30 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 12 September 2023 and were signed on its behalf by
Michael Richard Smith
Director
Company Registration No. 10963133
UPLANDS TELEVISION LIMITED
Notes to the Accounts
for the year ended 30 December 2022
UPLANDS TELEVISION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10963133. The registered office is 59 IMPERIAL WAY, CROYDON, CR0 4RR, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Expenditure on research and development is written off in the year in which it is incurred.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
UPLANDS TELEVISION LIMITED
Notes to the Accounts
for the year ended 30 December 2022
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 December 2021
1,444
6,956
8,400
At 30 December 2022
1,444
6,956
8,400
At 31 December 2021
361
1,739
2,100
Charge for the year
361
1,739
2,100
At 30 December 2022
722
3,478
4,200
At 30 December 2022
722
3,478
4,200
At 30 December 2021
1,083
5,217
6,300
Amounts falling due within one year
Trade debtors
1,107,897
261,077
Accrued income and prepayments
240,474
432,713
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
95,691
(2,178)
Trade creditors
965,077
144,393
Taxes and social security
47,045
35,393
7
Average number of employees
During the year the average number of employees was 7 (2021: 15).