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REGISTERED NUMBER: 07363700 (England and Wales)















BLACK COUNTRY UTILITIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023






BLACK COUNTRY UTILITIES LIMITED (REGISTERED NUMBER: 07363700)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


BLACK COUNTRY UTILITIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: Mr. A.J. Smith





REGISTERED OFFICE: 15-17 Church Street
Stourbridge
West Midlands
DY8 1LU





REGISTERED NUMBER: 07363700 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BLACK COUNTRY UTILITIES LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Black Country Utilities Limited for the year ended 30 September 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Black Country Utilities Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Black Country Utilities Limited and state those matters that we have agreed to state to the director of Black Country Utilities Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Black Country Utilities Limited and its director for our work or for this report.

It is your duty to ensure that Black Country Utilities Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Black Country Utilities Limited. You consider that Black Country Utilities Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Black Country Utilities Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


15 January 2024

BLACK COUNTRY UTILITIES LIMITED (REGISTERED NUMBER: 07363700)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 200,659 89,766

CURRENT ASSETS
Stocks 32,123 24,926
Debtors 5 25,571 25,806
Cash at bank 49,633 16,488
107,327 67,220
CREDITORS
Amounts falling due within one year 6 100,410 51,029
NET CURRENT ASSETS 6,917 16,191
TOTAL ASSETS LESS CURRENT
LIABILITIES

207,576

105,957

CREDITORS
Amounts falling due after more than one year 7 (156,994 ) (83,067 )

PROVISIONS FOR LIABILITIES (50,165 ) (22,442 )
NET ASSETS 417 448

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 411 442
SHAREHOLDERS' FUNDS 417 448

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BLACK COUNTRY UTILITIES LIMITED (REGISTERED NUMBER: 07363700)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 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 director and authorised for issue on 15 January 2024 and were signed by:





Mr. A.J. Smith - Director


BLACK COUNTRY UTILITIES LIMITED (REGISTERED NUMBER: 07363700)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Black Country Utilities Limited 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 represents net sales of goods/services, excluding value added tax

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

BLACK COUNTRY UTILITIES LIMITED (REGISTERED NUMBER: 07363700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 6 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 70,192 90,953 6,060 167,205
Additions 155,280 - - 155,280
At 30 September 2023 225,472 90,953 6,060 322,485
DEPRECIATION
At 1 October 2022 40,791 33,431 3,217 77,439
Charge for year 28,605 14,381 1,401 44,387
At 30 September 2023 69,396 47,812 4,618 121,826
NET BOOK VALUE
At 30 September 2023 156,076 43,141 1,442 200,659
At 30 September 2022 29,401 57,522 2,843 89,766

BLACK COUNTRY UTILITIES LIMITED (REGISTERED NUMBER: 07363700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2022 35,450 78,053 113,503
Additions 155,280 - 155,280
Transfer to ownership - (9,495 ) (9,495 )
At 30 September 2023 190,730 68,558 259,288
DEPRECIATION
At 1 October 2022 15,510 24,058 39,568
Charge for year 26,239 13,182 39,421
Transfer to ownership - (8,228 ) (8,228 )
At 30 September 2023 41,749 29,012 70,761
NET BOOK VALUE
At 30 September 2023 148,981 39,546 188,527
At 30 September 2022 19,940 53,995 73,935

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 25,571 25,806

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,925 14,669
Hire purchase contracts 43,820 19,634
Taxation and social security 44,348 14,061
Other creditors 2,317 2,665
100,410 51,029

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 23,692 33,617
Hire purchase contracts 133,302 49,450
156,994 83,067

BLACK COUNTRY UTILITIES LIMITED (REGISTERED NUMBER: 07363700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023


8. STATUTORY INFORMATION

Black Country Utilities Limited is a private limited 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.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
Mr. A.J. Smith
Balance outstanding at start of year - -
Amounts advanced 132,271 -
Amounts repaid (106,700 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,571 -

10. ULTIMATE CONTROLLING PARTY

The control of the company is exercised by Mr. A.J. Smith by virtue of his shareholdings.