PTP Accounts Production v25.1.0.734 10319119 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh103191192023-08-31103191192024-08-31103191192023-09-012024-08-31103191192022-08-31103191192022-09-012023-08-31103191192023-08-3110319119ns15:EnglandWales2023-09-012024-08-3110319119ns14:PoundSterling2023-09-012024-08-3110319119ns10:Director12023-09-012024-08-3110319119ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3110319119ns10:SmallEntities2023-09-012024-08-3110319119ns10:AuditExemptWithAccountantsReport2023-09-012024-08-3110319119ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3110319119ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3110319119ns10:AbridgedAccounts2023-09-012024-08-3110319119ns10:RegisteredOffice2023-09-012024-08-3110319119ns5:CurrentFinancialInstruments2024-08-3110319119ns5:CurrentFinancialInstruments2023-08-3110319119ns5:Non-currentFinancialInstruments2024-08-3110319119ns5:Non-currentFinancialInstruments2023-08-3110319119ns5:ShareCapital2024-08-3110319119ns5:ShareCapital2023-08-3110319119ns5:RetainedEarningsAccumulatedLosses2024-08-3110319119ns5:RetainedEarningsAccumulatedLosses2023-08-3110319119ns5:PlantMachinery2023-09-012024-08-3110319119ns5:FurnitureFittings2023-09-012024-08-3110319119ns5:MotorVehicles2023-09-012024-08-3110319119ns5:ComputerEquipment2023-09-012024-08-31103191191ns10:Director12023-08-31103191191ns10:Director12022-08-31103191191ns10:Director12023-09-012024-08-31103191191ns10:Director12022-09-012023-08-31103191191ns10:Director12024-08-31103191191ns10:Director12023-08-31
REGISTERED NUMBER: 10319119 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Durham Utilities Ltd

Durham Utilities Ltd (Registered number: 10319119)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Durham Utilities Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr D W Allen





REGISTERED OFFICE: Business Central
2 Union Square
Central Park
Darlington
Co. Durham
DL1 1GL





REGISTERED NUMBER: 10319119 (England and Wales)





ACCOUNTANTS: Lyons Watson
Accountants & Business Advisers
Business Central
2 Union Square
Darlington
Co. Durham
DL1 1GL

Durham Utilities Ltd (Registered number: 10319119)

Abridged Balance Sheet
31 August 2024

31/8/24 31/8/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 77,744 5,047

CURRENT ASSETS
Debtors 36,516 19,720
Cash at bank 17,811 27,985
54,327 47,705
CREDITORS
Amounts falling due within one year 35,521 31,377
NET CURRENT ASSETS 18,806 16,328
TOTAL ASSETS LESS CURRENT
LIABILITIES

96,550

21,375

CREDITORS
Amounts falling due after more than one
year

(80,101

)

(19,167

)

PROVISIONS FOR LIABILITIES (14,771 ) (959 )
NET ASSETS 1,678 1,249

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 1,568 1,139
1,678 1,249

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 director acknowledges his 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.

Durham Utilities Ltd (Registered number: 10319119)

Abridged Balance Sheet - continued
31 August 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2025 and were signed by:





Mr D W Allen - Director


Durham Utilities Ltd (Registered number: 10319119)

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

1. STATUTORY INFORMATION

Durham Utilities Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared under the going concern basis of accounting.

Turnover
Turnover represents the value of work carried out during the year including amounts not yet invoiced, excluding value added tax. Income is being recognised according to the stage of completion of work done.

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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

Durham Utilities Ltd (Registered number: 10319119)

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 8,762
Additions 83,247
At 31 August 2024 92,009
DEPRECIATION
At 1 September 2023 3,715
Charge for year 10,550
At 31 August 2024 14,265
NET BOOK VALUE
At 31 August 2024 77,744
At 31 August 2023 5,047

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 64,990
At 31 August 2024 64,990
DEPRECIATION
Charge for year 8,124
At 31 August 2024 8,124
NET BOOK VALUE
At 31 August 2024 56,866

Durham Utilities Ltd (Registered number: 10319119)

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

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31/8/24 31/8/23
£    £   
Mr D W Allen
Balance outstanding at start of year 9,818 16,696
Amounts advanced 19,336 9,818
Amounts repaid (9,818 ) (16,696 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,336 9,818

All advances to the directors are repayable on demand and interest is charged at the official rate published by HM Revenue and Customs.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Durham Utilities Ltd

The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director 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 Durham Utilities Ltd for the year ended 31 August 2024 which comprise the Abridged Income Statement, Abridged Balance Sheet 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 director of Durham Utilities Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Durham Utilities Ltd and state those matters that we have agreed to state to the director of Durham Utilities Ltd 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 director for our work or for this report.

It is your duty to ensure that Durham Utilities Ltd 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 Durham Utilities Ltd. You consider that Durham Utilities Ltd 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 Durham Utilities Ltd. 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.






Lyons Watson
Accountants & Business Advisers
Business Central
2 Union Square
Darlington
Co. Durham
DL1 1GL


29 May 2025