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
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
Honest Utility Group Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
49,106
60,196
Cash at bank and in hand
112,291
72,447
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)
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
Honest Utility Group Ltd
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
At 30 April 2024
25,200
35,945
61,145
Charge for the year
5,040
6,999
12,039
At 30 April 2024
5,040
6,999
12,039
At 30 April 2024
20,160
28,946
49,106
At 30 April 2023
25,200
34,996
60,196
Honest Utility Group Ltd
Notes to the Accounts
for the year ended 30 April 2024
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
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,338
-
Trade creditors
58,179
5,722
Taxes and social security
53,167
40,567
Other creditors
39,063
45,588
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).