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REGISTERED NUMBER: 10954523 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 SEPTEMBER 2023

FOR

UTILIKO LIMITED

UTILIKO LIMITED (REGISTERED NUMBER: 10954523)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


UTILIKO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 SEPTEMBER 2023







DIRECTORS: Mr D R Laisby
Mr J A Roberts



SECRETARY: Mrs K Laisby



REGISTERED OFFICE: Sowerby Woods Business Park
Bouthwood Road
Barrow-in-Furness
Cumbria
LA14 4RD



REGISTERED NUMBER: 10954523 (England and Wales)



BANKERS: National Westminster Bank plc
113 Dalton Road
Barrow-in-Furness
Cumbria
LA14 1WY

UTILIKO LIMITED (REGISTERED NUMBER: 10954523)

ABRIDGED BALANCE SHEET
29 SEPTEMBER 2023

29.9.23 29.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 770,784 372,022

CURRENT ASSETS
Debtors 575,996 876,762
Cash at bank 106,274 26,674
682,270 903,436
CREDITORS
Amounts falling due within one year 571,116 420,866
NET CURRENT ASSETS 111,154 482,570
TOTAL ASSETS LESS CURRENT
LIABILITIES

881,938

854,592

CREDITORS
Amounts falling due after more than one
year

452,605

218,104
NET ASSETS 429,333 636,488

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 429,233 636,388
SHAREHOLDERS' FUNDS 429,333 636,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 September 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.

UTILIKO LIMITED (REGISTERED NUMBER: 10954523)

ABRIDGED BALANCE SHEET - continued
29 SEPTEMBER 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 Balance Sheet for the year ended 29 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2024 and were signed on its behalf by:





Mr J A Roberts - Director


UTILIKO LIMITED (REGISTERED NUMBER: 10954523)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2023

1. STATUTORY INFORMATION

Utiliko 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 invoiced sales of services, excluding VAT.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2022 - 23 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 30 September 2022 552,369
Additions 538,586
At 29 September 2023 1,090,955
DEPRECIATION
At 30 September 2022 180,347
Charge for year 139,824
At 29 September 2023 320,171
NET BOOK VALUE
At 29 September 2023 770,784
At 29 September 2022 372,022

The net book value of tangible fixed assets includes £667,341 (2022: £291,279) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £116,703 (2022: £66,540) for the financial year.

UTILIKO LIMITED (REGISTERED NUMBER: 10954523)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 SEPTEMBER 2023

5. SECURED DEBTS

The following secured debts are included within creditors:

29.9.23 29.9.22
£    £   
Hire purchase contracts 616,169 318,573
Bounce back loan 27,460 37,290
643,629 355,863

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.9.23 29.9.22
value: £    £   
100 Ordinary A £1 100 100

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Laisby & Mr J Roberts.