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REGISTERED NUMBER: 09746075




















Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 August 2024

for

ROCHESTER UTILITIES LIMITED

ROCHESTER UTILITIES LIMITED (REGISTERED NUMBER: 09746075)

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










Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


ROCHESTER UTILITIES LIMITED

Company Information
for the Year Ended 31 August 2024







DIRECTORS: G Coward
Mrs D Coward





SECRETARY: Mrs D Coward





REGISTERED OFFICE: Rochester House
Sir Thomas Longley Road
Medway City Estate
Rochester
Kent
ME2 4DU





REGISTERED NUMBER: 09746075





ACCOUNTANTS: Calcutt Matthews WBZ Ltd
19 North Street
Ashford
Kent
TN24 8LF

ROCHESTER UTILITIES LIMITED (REGISTERED NUMBER: 09746075)

Report of the Directors
for the Year Ended 31 August 2024


The directors present their report with the financial statements of the company for the year ended 31 August 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Construction of utility projects for fluids

RESEARCH AND DEVELOPMENT
The company continues to invest in new technologies

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 1 September 2023 to the date of this report.

The directors shown below were in office at 31 August 2024 but did not hold any interest in the Ordinary shares of £100 each at 1 September 2023 or 31 August 2024.

G Coward
Mrs D Coward

POLITICAL DONATIONS AND EXPENDITURE
The company has made various donations to local charities and fundraising initiatives. None of these are of a political nature.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mrs D Coward - Director


12 December 2024

ROCHESTER UTILITIES LIMITED (REGISTERED NUMBER: 09746075)

Income Statement
for the Year Ended 31 August 2024

31.8.24 31.8.23
Notes £    £    £   

TURNOVER 8,974,224 14,389,099

Cost of sales 7,274,727 11,594,869
GROSS PROFIT 1,699,497 2,794,230

Distribution costs - 4,399
Administrative expenses 1,561,175 1,436,521
1,561,175 1,440,920
138,322 1,353,310

Interest receivable and similar income 30,955 5,284
169,277 1,358,594

Interest payable and similar expenses 31,887 19,826
PROFIT BEFORE TAXATION 4 137,390 1,338,768

Tax on profit - 139,966
PROFIT FOR THE FINANCIAL YEAR 137,390 1,198,802

ROCHESTER UTILITIES LIMITED (REGISTERED NUMBER: 09746075)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 1,784,295 1,563,723

CURRENT ASSETS
Stocks 276,214 1,076,425
Debtors 6 548,828 1,719,488
Cash at bank 1,443,239 1,423,323
2,268,281 4,219,236
CREDITORS
Amounts falling due within one year 7 1,337,713 2,453,190
NET CURRENT ASSETS 930,568 1,766,046
TOTAL ASSETS LESS CURRENT LIABILITIES 2,714,863 3,329,769

CREDITORS
Amounts falling due after more than one
year

8

1,678,775

1,416,171
NET ASSETS 1,036,088 1,913,598

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,035,988 1,913,498
SHAREHOLDERS' FUNDS 1,036,088 1,913,598

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.

ROCHESTER UTILITIES LIMITED (REGISTERED NUMBER: 09746075)

Balance Sheet - continued
31 August 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2024 and were signed on its behalf by:





G Coward - Director


ROCHESTER UTILITIES LIMITED (REGISTERED NUMBER: 09746075)

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


1. STATUTORY INFORMATION

Rochester Utilities Limited is a private company, limited by shares , registered in Not specified/Other. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

ROCHESTER UTILITIES LIMITED (REGISTERED NUMBER: 09746075)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 NIL (2023 - 8 ).

4. PROFIT BEFORE TAXATION

The profit is stated after charging:

31.8.24 31.8.23
£    £   
Depreciation - owned assets 310,376 258,596

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 1,206,934 23,167 1,096,022 21,827 2,347,950
Additions 29,687 - 793,002 3,494 826,183
Disposals - - (16,787 ) - (16,787 )
At 31 August 2024 1,236,621 23,167 1,872,237 25,321 3,157,346
DEPRECIATION
At 1 September 2023 198,997 16,035 550,911 18,284 784,227
Charge for year 259,406 1,783 340,809 3,613 605,611
Eliminated on disposal - - (16,787 ) - (16,787 )
At 31 August 2024 458,403 17,818 874,933 21,897 1,373,051
NET BOOK VALUE
At 31 August 2024 778,218 5,349 997,304 3,424 1,784,295
At 31 August 2023 1,007,937 7,132 545,111 3,543 1,563,723

ROCHESTER UTILITIES LIMITED (REGISTERED NUMBER: 09746075)

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


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 September 2023 1,134,801
Additions 766,507
Reclassification/transfer (230,042 )
At 31 August 2024 1,671,266
DEPRECIATION
At 1 September 2023 448,922
Charge for year 295,235
At 31 August 2024 744,157
NET BOOK VALUE
At 31 August 2024 927,109
At 31 August 2023 685,879

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 122,990 1,542,109
Other debtors 425,838 177,379
548,828 1,719,488

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 315,697 144,171
Trade creditors 228,575 420,867
Taxation and social security 297,441 636,644
Other creditors 496,000 1,251,508
1,337,713 2,453,190

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 1,678,775 1,416,171

ROCHESTER UTILITIES LIMITED (REGISTERED NUMBER: 09746075)

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


9. RELATED PARTY DISCLOSURES

The company paid rent to RU Holdings of £60,000.

It also paid dividends of £1,014,899 to the parent company.