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Company Registration No. 13346107 (England and Wales)
Honest Utility Group Ltd Unaudited accounts for the year ended 30 April 2024
Honest Utility Group Ltd Unaudited accounts Contents
Page
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Honest Utility Group Ltd Company Information for the year ended 30 April 2024
Directors
Kevin Brown Daniel Ching
Company Number
13346107 (England and Wales)
Registered Office
Unit 1 Upper Floor 1 Haswell Court Sunderland SR5 2AR United Kingdom
Accountants
Ultra Tax Ltd Regus House 4 Admiral Way Sunderland SR3 3XW
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Honest Utility Group Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
49,106 
60,196 
Current assets
Debtors
199,565 
98,876 
Cash at bank and in hand
112,291 
72,447 
311,856 
171,323 
Creditors: amounts falling due within one year
(156,677)
(119,245)
Net current assets
155,179 
52,078 
Total assets less current liabilities
204,285 
112,274 
Creditors: amounts falling due after more than one year
(25,198)
(30,240)
Net assets
179,087 
82,034 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
178,987 
81,934 
Shareholders' funds
179,087 
82,034 
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by
Kevin Brown Director Company Registration No. 13346107
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Honest Utility Group Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Honest Utility Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13346107. The registered office is Unit 1, Upper Floor, 1 Haswell Court, Sunderland, SR5 2AR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20%
Computer equipment
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
25,200 
34,996 
60,196 
Additions
- 
949 
949 
At 30 April 2024
25,200 
35,945 
61,145 
Depreciation
Charge for the year
5,040 
6,999 
12,039 
At 30 April 2024
5,040 
6,999 
12,039 
Net book value
At 30 April 2024
20,160 
28,946 
49,106 
At 30 April 2023
25,200 
34,996 
60,196 
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Honest Utility Group Ltd Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
146,844 
5,686 
Accrued income and prepayments
1,654 
1,654 
Other debtors
51,067 
91,536 
199,565 
98,876 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,338 
- 
VAT
- 
25,238 
Trade creditors
58,179 
5,722 
Taxes and social security
53,167 
40,567 
Other creditors
39,063 
45,588 
Accruals
3,930 
2,130 
156,677 
119,245 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
25,198 
30,240 
8
Average number of employees
During the year the average number of employees was 6 (2023: 3).
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