UNDERGROUND CONNECTIONS LIMITED

Company Registration Number:
07120491 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

UNDERGROUND CONNECTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

UNDERGROUND CONNECTIONS LIMITED

Company Information

for the Period Ended 31 March 2023




Registered office: Boundary Farm
Cleers
Roche
St. Austell
Cornwall
PL26 8ND
Company Registration Number: 07120491 (England and Wales)

UNDERGROUND CONNECTIONS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 272,750 499,561
Total fixed assets: 272,750 499,561
Current assets
Debtors: 5 54,180 96,800
Cash at bank and in hand: 465,232 166,266
Total current assets: 519,412 263,066
Creditors: amounts falling due within one year: 6 ( 91,482 ) ( 126,665 )
Net current assets (liabilities): 427,930 136,401
Total assets less current liabilities: 700,680 635,962
Total net assets (liabilities): 700,680 635,962

The notes form part of these financial statements

UNDERGROUND CONNECTIONS LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 700,678 635,960
Shareholders funds: 700,680 635,962

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 5 November 2023
And Signed On Behalf Of The Board By:

Name: Mr S A Udy
Status: Director

The notes form part of these financial statements

UNDERGROUND CONNECTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

UNDERGROUND CONNECTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

UNDERGROUND CONNECTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

UNDERGROUND CONNECTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Land & buildings Plant & machinery Motor vehicles Total
Cost £ £ £ £
At 01 April 2022 430,419 166,102 80,084 676,605
Additions 100,000 - - 100,000
Disposals ( 316,440 ) - - ( 316,440 )
Revaluations - - - -
Transfers - - - -
At 31 March 2023 213,979 166,102 80,084 460,165
Depreciation
At 01 April 2022 - 117,848 59,196 177,044
Charge for year - 7,238 3,133 10,371
On disposals - - - -
Other adjustments - - - -
At 31 March 2023 - 125,086 62,329 187,415
Net book value
At 31 March 2023 213,979 41,016 17,755 272,750
At 31 March 2022 430,419 48,254 20,888 499,561

UNDERGROUND CONNECTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 54,180 91,540
Other debtors 5,260
Total 54,180 96,800

UNDERGROUND CONNECTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 19,930 19,217
Accruals and deferred income 35,830 77,675
Other creditors 35,722 29,773
Total 91,482 126,665