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REGISTERED NUMBER: 07477156 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2024

for

UTILITY SERVICE SOLUTIONS LIMITED

UTILITY SERVICE SOLUTIONS LIMITED (REGISTERED NUMBER: 07477156)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UTILITY SERVICE SOLUTIONS LIMITED

Company Information
for the Year Ended 31st December 2024







DIRECTORS: Miss M E Broderick
Mrs E A Evans





REGISTERED OFFICE: 89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ





REGISTERED NUMBER: 07477156 (England and Wales)





ACCOUNTANTS: Graham Martin & Co
Accountants
89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ

UTILITY SERVICE SOLUTIONS LIMITED (REGISTERED NUMBER: 07477156)

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 76 76
Investment property 5 1,396,306 1,396,306
1,396,382 1,396,382

CURRENT ASSETS
Debtors 6 22 301
Cash at bank 13,308 11,373
13,330 11,674
CREDITORS
Amounts falling due within one year 7 1,216,695 1,237,466
NET CURRENT LIABILITIES (1,203,365 ) (1,225,792 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

193,017

170,590

PROVISIONS FOR LIABILITIES 36,392 36,392
NET ASSETS 156,625 134,198

CAPITAL AND RESERVES
Called up share capital 102 102
Fair value reserve 8 109,176 109,176
Retained earnings 47,347 24,920
SHAREHOLDERS' FUNDS 156,625 134,198

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

UTILITY SERVICE SOLUTIONS LIMITED (REGISTERED NUMBER: 07477156)

Balance Sheet - continued
31st December 2024


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 Board of Directors and authorised for issue on 21st February 2025 and were signed on its behalf by:





Mrs E A Evans - Director


UTILITY SERVICE SOLUTIONS LIMITED (REGISTERED NUMBER: 07477156)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

Utility Service Solutions 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.

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 as modified by the revaluation of certain assets.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

UTILITY SERVICE SOLUTIONS LIMITED (REGISTERED NUMBER: 07477156)

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st January 2024
and 31st December 2024 76
NET BOOK VALUE
At 31st December 2024 76
At 31st December 2023 76

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2024
and 31st December 2024 1,396,306
NET BOOK VALUE
At 31st December 2024 1,396,306
At 31st December 2023 1,396,306

Fair value at 31st December 2024 is represented by:
£   
Valuation in 2021 17,960
Valuation in 2022 127,608
Cost 1,250,738
1,396,306

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,250,738 1,250,738

Investment property was valued on an open market basis on 31st December 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 22 301

UTILITY SERVICE SOLUTIONS LIMITED (REGISTERED NUMBER: 07477156)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 5,537 4,740
Other creditors 1,211,158 1,232,726
1,216,695 1,237,466

8. RESERVES
Fair
value
reserve
£   
At 1st January 2024
and 31st December 2024 109,176

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2024 and 31st December 2023:

2024 2023
£    £   
Mrs E A Evans
Balance outstanding at start of year 62,213 62,213
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 62,213 62,213

Miss M E Broderick
Balance outstanding at start of year 62,213 62,213
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 62,213 62,213

10. RELATED PARTY DISCLOSURES

At 31st December 2024 the company owed amounts as stated below to the following shareholders:-

V. Broderick £62,212
I. Broderick £62,212
P. Broderick £62,212
S. Rowland £62,212

These loans are all on an interest free basis and are repayable on demand.

11. ULTIMATE CONTROLLING PARTY

In the directors' opinion there is no ultimate controlling party.