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REGISTERED NUMBER: 04792122 (England and Wales)














HIGH VOLTAGE UTILITY SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






HIGH VOLTAGE UTILITY SERVICES LIMITED (REGISTERED NUMBER: 04792122)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

HIGH VOLTAGE UTILITY SERVICES LIMITED

COMPANY INFORMATION
for the year ended 31 August 2024







DIRECTORS: S J Garrard
J Taylor





SECRETARY: J Taylor





REGISTERED OFFICE: 5 Moss Drive
Sutton Coldfield
West Midlands
B72 1JQ





REGISTERED NUMBER: 04792122 (England and Wales)





ACCOUNTANTS: Equus Miller Limited
Chartered Certified Accountants
Brook House
47 High Street
Henley in Arden
Warwickshire
B95 5AA

HIGH VOLTAGE UTILITY SERVICES LIMITED (REGISTERED NUMBER: 04792122)

STATEMENT OF FINANCIAL POSITION
31 August 2024

31/8/24 31/8/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,384 24,648
Investments 5 749 749
Investment property 6 720,000 720,000
741,133 745,397

CURRENT ASSETS
Debtors 7 476,050 449,354
Cash at bank 664,074 614,937
1,140,124 1,064,291
CREDITORS
Amounts falling due within one year 8 394,067 416,020
NET CURRENT ASSETS 746,057 648,271
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,487,190

1,393,668

PROVISIONS FOR LIABILITIES 43,475 43,475
NET ASSETS 1,443,715 1,350,193

CAPITAL AND RESERVES
Called up share capital 9 75 75
Capital redemption reserve 10 25 25
Fair value reserve 10 179,302 179,302
Retained earnings 10 1,264,313 1,170,791
SHAREHOLDERS' FUNDS 1,443,715 1,350,193

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

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

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 22 May 2025 and were signed on its behalf by:




J Taylor - Director


HIGH VOLTAGE UTILITY SERVICES LIMITED (REGISTERED NUMBER: 04792122)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024

1. STATUTORY INFORMATION

High Voltage Utility Services 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.

Turnover
Turnover represents net invoiced sales of services, including uninvoiced sales and work in progress as at the balance sheet date, excluding value added tax.

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 cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.3% on 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 4 (2023 - 4 ) .

HIGH VOLTAGE UTILITY SERVICES LIMITED (REGISTERED NUMBER: 04792122)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 55,854 2,749 62,058 13,856 134,517
Additions - - - 3,135 3,135
At 31 August 2024 55,854 2,749 62,058 16,991 137,652
DEPRECIATION
At 1 September 2023 55,318 2,506 38,462 13,583 109,869
Charge for year 134 48 5,899 1,318 7,399
At 31 August 2024 55,452 2,554 44,361 14,901 117,268
NET BOOK VALUE
At 31 August 2024 402 195 17,697 2,090 20,384
At 31 August 2023 536 243 23,596 273 24,648

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023
and 31 August 2024 749
NET BOOK VALUE
At 31 August 2024 749
At 31 August 2023 749

The market value of investments as at 31 August 2024 is £2,029 (2023: £551).

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 720,000
NET BOOK VALUE
At 31 August 2024 720,000
At 31 August 2023 720,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2014 72,594
Valuation in 2017 31,666
Valuation in 2018 20,000
Valuation in 2019 50,000
Valuation in 2020 62,696
Valuation in 2021 (32,655 )
Valuation in 2023 (30,400 )
Cost 546,099
720,000

HIGH VOLTAGE UTILITY SERVICES LIMITED (REGISTERED NUMBER: 04792122)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

6. INVESTMENT PROPERTY - continued

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

31/8/24 31/8/23
£    £   
Cost 546,099 546,099

Investment property was valued on an open market basis on 31 August 2024 by the Directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 458,522 439,520
VAT 3,312 -
Prepayments 14,216 9,834
476,050 449,354

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade creditors 230,633 221,528
Corporation tax payable 79,208 76,289
Social security & other taxes 9,359 4,385
VAT - 17,056
Wages control 226 -
Directors' loan accounts 67,940 92,011
Accrued expenses 6,701 4,751
394,067 416,020

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/8/24 31/8/23
value: £    £   
100 Ordinary £1 75 75

10. RESERVES

The movement to the fair value reserve represents the increase on the unrealised surplus on investment properties in the year ended 31 August 2024.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HIGH VOLTAGE UTILITY SERVICES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of High Voltage Utility Services Limited for the year ended 31 August 2024 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of High Voltage Utility Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of High Voltage Utility Services Limited and state those matters that we have agreed to state to the Board of Directors of High Voltage Utility Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that High Voltage Utility Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of High Voltage Utility Services Limited. You consider that High Voltage Utility Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of High Voltage Utility Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Equus Miller Limited
Chartered Certified Accountants
Brook House
47 High Street
Henley in Arden
Warwickshire
B95 5AA


22 May 2025