REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 29 September 2022 |
for |
Combined Utilities Limited |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 29 September 2022 |
for |
Combined Utilities Limited |
Combined Utilities Limited (Registered number: 03637499) |
Contents of the Financial Statements |
for the Year Ended 29 September 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Combined Utilities Limited |
Company Information |
for the Year Ended 29 September 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants & Statutory Auditors |
Oriel House |
2-8 Oriel Road |
Bootle |
Liverpool |
Merseyside |
L20 7EP |
Combined Utilities Limited (Registered number: 03637499) |
Balance Sheet |
29 September 2022 |
29.9.22 | 29.9.21 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS |
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 |
Combined Utilities Limited (Registered number: 03637499) |
Notes to the Financial Statements |
for the Year Ended 29 September 2022 |
1. | STATUTORY INFORMATION |
Combined Utilities Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
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. |
Reporting period |
The comparative reporting period of these financial statements is from 1 July 2018 to 29 September 2019. Therefore the comparatives are not fully comparable. |
Going concern |
The company meets its day to day working capital requirements from support from its parent company. No adjustments have been made to reflect the position if such support was withdrawn. This support is expected to continue for the foreseeable future. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
Combined Utilities Limited (Registered number: 03637499) |
Notes to the Financial Statements - continued |
for the Year Ended 29 September 2022 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.9.22 | 29.9.21 |
£ | £ |
Trade debtors |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
29.9.22 | 29.9.21 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
6. | CALLED UP SHARE CAPITAL |
Alloted, issued and fully paid: |
Number: | Class: | Nominal Value: | 29.9.22 | 29.09.21 |
76 | A Ordinary | £1 | - | 76 |
24 | B Ordinary | £1 | - | 24 |
75 | X Ordinary | £1 | 75 | - |
25 | Y Ordinary | £1 | 25 | - |
100 | 100 |
On 1 October 2021, the shares were reclassified from A and B shares to X and Y shares. |
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |