1 September 2023 false No description of principal activity Taxfiler 2024.6 10314603business:PrivateLimitedCompanyLtd2023-09-012024-08-31 103146032023-08-31 103146032023-09-012024-08-31 10314603business:AuditExemptWithAccountantsReport2023-09-012024-08-31 10314603business:FilletedAccounts2023-09-012024-08-31 103146032024-08-31 10314603business:Director12023-09-012024-08-31 10314603business:RegisteredOffice2023-09-012024-08-31 103146032023-08-31 10314603core:WithinOneYear2024-08-31 10314603core:WithinOneYear2023-08-31 10314603core:AfterOneYear2024-08-31 10314603core:AfterOneYear2023-08-31 10314603core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 10314603core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 10314603core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 10314603core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10314603core:PreviouslyStatedAmount2024-08-31 10314603core:PreviouslyStatedAmount2023-08-31 10314603business:SmallEntities2023-09-012024-08-31 10314603countries:EnglandWales2023-09-012024-08-31 10314603core:ComputerEquipment2023-09-012024-08-31 10314603core:ComputerEquipment2023-08-31 10314603core:ComputerEquipment2024-08-31 103146032022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10314603 (England and Wales)
UTOPHEE LTD Unaudited accounts for the year ended 31 August 2024
UTOPHEE LTD Unaudited accounts Contents
Page
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UTOPHEE LTD Company Information for the year ended 31 August 2024
Director
Mr. Shehan Dinuke Alexander Ponweera
Company Number
10314603 (England and Wales)
Registered Office
3 Niblick Green Chelmsford CM3 3FS England
Accountants
NJ Accountants Ltd CIMA Member In Practice, FCMA, CGMA 53 Edgefield Avenue Barking Essex IG11 9JL
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UTOPHEE LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,200 
1,574 
Current assets
Inventories
148,729 
148,653 
Debtors
332,120 
173,144 
Cash at bank and in hand
709 
11,222 
481,558 
333,019 
Creditors: amounts falling due within one year
(480,014)
(342,605)
Net current assets/(liabilities)
1,544 
(9,586)
Total assets less current liabilities
2,744 
(8,012)
Creditors: amounts falling due after more than one year
(20,500)
(29,167)
Net liabilities
(17,756)
(37,179)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(17,757)
(37,180)
Shareholders' funds
(17,756)
(37,179)
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 27 May 2025 and were signed on its behalf by
Mr. Shehan Dinuke Alexander Ponweera Director Company Registration No. 10314603
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UTOPHEE LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
UTOPHEE LTD is a private company, limited by shares, registered in England and Wales, registration number 10314603. The registered office is 3 Niblick Green, Chelmsford, CM3 3FS, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
18% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
2,080 
At 31 August 2024
2,080 
Depreciation
At 1 September 2023
506 
Charge for the year
374 
At 31 August 2024
880 
Net book value
At 31 August 2024
1,200 
At 31 August 2023
1,574 
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UTOPHEE LTD Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
30,276 
17,263 
Trade debtors
237,917 
86,251 
Accrued income and prepayments
45,000 
45,000 
Other debtors
18,927 
24,630 
332,120 
173,144 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
147,800 
82,988 
Other creditors
257,983 
188,389 
Loans from directors
39,231 
36,228 
Deferred income
35,000 
35,000 
480,014 
342,605 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,000 
29,167 
Accruals
500 
- 
20,500 
29,167 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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