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REGISTERED NUMBER: 10915606 (England and Wales)
















































Financial Statements

for the Year Ended 31 March 2023

for

The Utility Market Experts Ltd

The Utility Market Experts Ltd (Registered number: 10915606)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Utility Market Experts Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: S J Dawes
Miss N Fleming





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 10915606 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

The Utility Market Experts Ltd (Registered number: 10915606)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 402 143

CURRENT ASSETS
Debtors 5 159,845 67,756
Cash at bank 262,739 334,443
422,584 402,199
CREDITORS
Amounts falling due within one year 6 95,492 178,498
NET CURRENT ASSETS 327,092 223,701
TOTAL ASSETS LESS CURRENT
LIABILITIES

327,494

223,844

CAPITAL AND RESERVES
Called up share capital 110 100
Retained earnings 327,384 223,744
SHAREHOLDERS' FUNDS 327,494 223,844

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 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 Utility Market Experts Ltd (Registered number: 10915606)

Balance Sheet - continued
31 March 2023


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 21 November 2023 and were signed on its behalf by:




S J Dawes - Director



Miss N Fleming - Director


The Utility Market Experts Ltd (Registered number: 10915606)

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

1. STATUTORY INFORMATION

The Utility Market Experts 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 190
Additions 382
At 31 March 2023 572
DEPRECIATION
At 1 April 2022 47
Charge for year 123
At 31 March 2023 170
NET BOOK VALUE
At 31 March 2023 402
At 31 March 2022 143

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 75,845 67,206
Other debtors 84,000 550
159,845 67,756

The Utility Market Experts Ltd (Registered number: 10915606)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 8,019 324
Other creditors 87,473 178,174
95,492 178,498