REGISTERED NUMBER: 02354689 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

United Transmission Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J Spencer

REGISTERED OFFICE:

Russell House

New Brunswick Street

Thornes Lane

Wakefield

West Yorkshire

WF1 5QR

REGISTERED NUMBER:

02354689 (England and Wales)

ACCOUNTANTS:

SMH Reed Smith Ltd

Copia House

Great Cliffe Court

Great Cliffe Road

Barnsley

S75 3SP

BANKERS:

Lloyds Bank Plc

17 Westgate

Wakefield

WF1 1JZ

FIXED ASSETS

Intangible assets

4

240

-

Property, plant and equipment

5

272,393

234,564

Investment property

6

883,265

804,718

1,155,898

1,039,282

CURRENT ASSETS

Inventories

731,969

879,485

Debtors

7

507,278

636,572

Cash at bank and in hand

1,424,190

1,191,514

2,663,437

2,707,571

CREDITORS

Amounts falling due within one year

8

1,014,950

1,131,054

NET CURRENT ASSETS

1,648,487

1,576,517

TOTAL ASSETS LESS CURRENT LIABILITIES

2,804,385

2,615,799

PROVISIONS FOR LIABILITIES

25,279

13,916

NET ASSETS

2,779,106

2,601,883

CAPITAL AND RESERVES

Called up share capital

151

151

Capital redemption reserve

49

49

Retained earnings

2,778,906

2,601,683

SHAREHOLDERS' FUNDS

2,779,106

2,601,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

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 Statement of Income and Retained Earnings has not been delivered.

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

Mr J Spencer - Director

1.	STATUTORY INFORMATION

United Transmission 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.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Motor vehicle registrations is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

Straight line over 50 years and Straight line over 10 years

Plant and machinery etc

-

Straight line over 5 years and Straight line over 4 years

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.

Stocks

Inventories 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 Statement of Income and Retained Earnings, 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction.

At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating results.

Employee benefits

Short-term employee benefits are recognised as an expense in the period in which they are incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

361

At 30 April 2025

361

AMORTISATION

Charge for year

121

At 30 April 2025

121

NET BOOK VALUE

At 30 April 2025

240

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

344,373

232,292

576,665

Additions

-

81,842

81,842

Disposals

-

(16,255

)

(16,255

)

At 30 April 2025

344,373

297,879

642,252

DEPRECIATION

At 1 May 2024

165,472

176,629

342,101

Charge for year

7,623

34,723

42,346

Eliminated on disposal

-

(14,588

)

(14,588

)

At 30 April 2025

173,095

196,764

369,859

NET BOOK VALUE

At 30 April 2025

171,278

101,115

272,393

At 30 April 2024

178,901

55,663

234,564

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

804,718

Additions

78,547

At 30 April 2025

883,265

NET BOOK VALUE

At 30 April 2025

883,265

At 30 April 2024

804,718

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

465,675

595,166

Other debtors

41,603

41,406

507,278

636,572

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

297,471

424,997

Taxation and social security

185,809

229,214

Other creditors

531,670

476,843

1,014,950

1,131,054

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Spencer.