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REGISTERED NUMBER: 08441980 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

UK Utility Ltd

UK Utility Ltd (Registered number: 08441980)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


UK Utility Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mrs N Shokar





REGISTERED OFFICE: 43 Glen Way
Leicester
LE2 5YF





REGISTERED NUMBER: 08441980 (England and Wales)





ACCOUNTANTS: A D Doshi & Co
Chartered Certified Accountants
and Registered Auditors
43 Glen Way
Leicester
LE2 5YF

UK Utility Ltd (Registered number: 08441980)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 92,365 144,704

CURRENT ASSETS
Debtors 5 512,936 39,509
Cash at bank and in hand 509,675 941,330
1,022,611 980,839
CREDITORS
Amounts falling due within one year 6 480,064 316,641
NET CURRENT ASSETS 542,547 664,198
TOTAL ASSETS LESS CURRENT
LIABILITIES

634,912

808,902

CREDITORS
Amounts falling due after more than one year 7 (290,489 ) (391,912 )

PROVISIONS FOR LIABILITIES - (473 )
NET ASSETS 344,423 416,517

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 344,323 416,417
SHAREHOLDERS' FUNDS 344,423 416,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 10 October 2023 and were signed by:





Mrs N Shokar - Director


UK Utility Ltd (Registered number: 08441980)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

UK Utility Ltd 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.
Plant and machinery etc - 20% on 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 10 ) .

UK Utility Ltd (Registered number: 08441980)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 354,262
Additions 3,146
Disposals (29,034 )
At 31 March 2023 328,374
DEPRECIATION
At 1 April 2022 209,558
Charge for year 55,485
Eliminated on disposal (29,034 )
At 31 March 2023 236,009
NET BOOK VALUE
At 31 March 2023 92,365
At 31 March 2022 144,704

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 55,085 35,294
Other debtors 457,851 4,215
512,936 39,509

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts - 14,529
Trade creditors 75,402 83,026
Taxation and social security 362,667 188,957
Other creditors 41,995 30,129
480,064 316,641

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 290,489 391,912

8. RELATED PARTY DISCLOSURES

At the year end the company owed £1,202 (2022 £ £966) to the Director of the company.