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REGISTERED NUMBER: 07642492 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

GENERAL UTILITIES (NW) GROUP LTD

GENERAL UTILITIES (NW) GROUP LTD (REGISTERED NUMBER: 07642492)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


GENERAL UTILITIES (NW) GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: J Morris





SECRETARY: Mrs G Morris





REGISTERED OFFICE: 19 Winster Road
Peel Green
Eccles
Greater Manchester
M30 7DP





REGISTERED NUMBER: 07642492 (England and Wales)





ACCOUNTANTS: Walker Begley Limited
Chartered Accountants
207 Knutsford Road
Grappenhall
Warrington
Cheshire
WA4 2QL

GENERAL UTILITIES (NW) GROUP LTD (REGISTERED NUMBER: 07642492)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 424,260 395,273
Investment property 5 76,775 76,775
501,035 472,048

CURRENT ASSETS
Debtors 6 300,544 188,374
Cash at bank 21,734 174,294
322,278 362,668
CREDITORS
Amounts falling due within one year 25,368 85,653
NET CURRENT ASSETS 296,910 277,015
TOTAL ASSETS LESS CURRENT
LIABILITIES

797,945

749,063

CREDITORS
Amounts falling due after more than one
year

(16,616

)

(26,465

)

PROVISIONS FOR LIABILITIES (65,845 ) (60,515 )
NET ASSETS 715,484 662,083

CAPITAL AND RESERVES
Called up share capital 1 1
Capital redemption reserve 1 1
Retained earnings 715,482 662,081
SHAREHOLDERS' FUNDS 715,484 662,083

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

GENERAL UTILITIES (NW) GROUP LTD (REGISTERED NUMBER: 07642492)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 September 2024 and were signed by:





J Morris - Director


GENERAL UTILITIES (NW) GROUP LTD (REGISTERED NUMBER: 07642492)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

General Utilities (NW) Group 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 - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 1 (2022 - 2 ) .

GENERAL UTILITIES (NW) GROUP LTD (REGISTERED NUMBER: 07642492)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 1,034,473
Additions 150,607
Disposals (115,575 )
At 31 December 2023 1,069,505
DEPRECIATION
At 1 January 2023 639,200
Charge for year 112,854
Eliminated on disposal (106,809 )
At 31 December 2023 645,245
NET BOOK VALUE
At 31 December 2023 424,260
At 31 December 2022 395,273

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 76,775
NET BOOK VALUE
At 31 December 2023 76,775
At 31 December 2022 76,775

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/23 31/12/22
£    £   
Amounts owed by group undertakings 152,481 27,352

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director, Mr J Morris has made an unsecured interest free loan available to the company with no fixed repayment terms. At the year end the balance was £NIL (2022 : £25,600).

8. RELATED PARTY DISCLOSURES

During the year the company made an unsecured interest free loan to General Utilities North West Limited, a company in which Mr J Morris is also a director. At the year end the balance due was £152,480 (2022: £27,352).