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REGISTERED NUMBER: 08441980 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

UK Utility Ltd

UK Utility Ltd (Registered number: 08441980)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


UK Utility Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs N Shokar





REGISTERED OFFICE: 43 Glen Way
Leicester
LE2 5YF





REGISTERED NUMBER: 08441980 (England and Wales)






UK Utility Ltd (Registered number: 08441980)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,250 92,365

CURRENT ASSETS
Debtors 5 626,213 512,936
Prepayments and accrued income 3,813 -
Cash at bank and in hand 743,857 509,675
1,373,883 1,022,611
CREDITORS
Amounts falling due within one year 6 826,794 480,064
NET CURRENT ASSETS 547,089 542,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

593,339

634,912

CREDITORS
Amounts falling due after more than one year 7 174,318 290,489
NET ASSETS 419,021 344,423

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 418,921 344,323
SHAREHOLDERS' FUNDS 419,021 344,423

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 26 November 2024 and were signed by:





Mrs N Shokar - Director


UK Utility Ltd (Registered number: 08441980)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

UK Utility 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 - 20% on cost

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.

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 11 (2023 - 11 ) .

UK Utility Ltd (Registered number: 08441980)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 328,374
Additions 4,636
Disposals (79,259 )
At 31 March 2024 253,751
DEPRECIATION
At 1 April 2023 236,009
Charge for year 50,752
Eliminated on disposal (79,260 )
At 31 March 2024 207,501
NET BOOK VALUE
At 31 March 2024 46,250
At 31 March 2023 92,365

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 106,360 55,085
Other debtors 519,853 457,851
626,213 512,936

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 129,988 75,402
Taxation and social security 674,906 362,667
Other creditors 21,900 41,995
826,794 480,064

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 174,318 290,489

8. RELATED PARTY DISCLOSURES

At the year end the company owed £393 (2023 £ £1,202) to the Director of the company.