Acorah Software Products - Accounts Production 16.5.460 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 10828229 Mr N A Utting Mrs V A Utting iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10828229 2024-06-30 10828229 2025-06-30 10828229 2024-07-01 2025-06-30 10828229 frs-core:CurrentFinancialInstruments 2025-06-30 10828229 frs-core:Non-currentFinancialInstruments 2025-06-30 10828229 frs-core:ComputerEquipment 2025-06-30 10828229 frs-core:ComputerEquipment 2024-07-01 2025-06-30 10828229 frs-core:ComputerEquipment 2024-06-30 10828229 frs-core:MotorVehicles 2025-06-30 10828229 frs-core:MotorVehicles 2024-07-01 2025-06-30 10828229 frs-core:MotorVehicles 2024-06-30 10828229 frs-core:PlantMachinery 2025-06-30 10828229 frs-core:PlantMachinery 2024-07-01 2025-06-30 10828229 frs-core:PlantMachinery 2024-06-30 10828229 frs-core:WithinOneYear 2025-06-30 10828229 frs-core:ShareCapital 2025-06-30 10828229 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 10828229 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10828229 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 10828229 frs-bus:SmallEntities 2024-07-01 2025-06-30 10828229 frs-bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 10828229 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 10828229 frs-bus:Director1 2024-07-01 2025-06-30 10828229 frs-bus:Director2 2024-07-01 2025-06-30 10828229 frs-countries:EnglandWales 2024-07-01 2025-06-30 10828229 2023-06-30 10828229 2024-06-30 10828229 2023-07-01 2024-06-30 10828229 frs-core:CurrentFinancialInstruments 2024-06-30 10828229 frs-core:Non-currentFinancialInstruments 2024-06-30 10828229 frs-core:BetweenOneFiveYears 2024-06-30 10828229 frs-core:WithinOneYear 2024-06-30 10828229 frs-core:ShareCapital 2024-06-30 10828229 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 10828229
Utting Electrical Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountant's Report
Report of the Accountant to the directors of Utting Electrical Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 June 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
10/09/2025
Van Dijk Accountants
Georgian House
34 Thoroughfare
Halesworth
Suffolk
IP19 8AP
Page 1
Page 2
Balance Sheet
Registered number: 10828229
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,889 18,580
14,889 18,580
CURRENT ASSETS
Stocks 5 4,000 4,800
Debtors 6 34,811 46,085
Cash at bank and in hand 29,357 12,387
68,168 63,272
Creditors: Amounts Falling Due Within One Year 7 (27,741 ) (42,811 )
NET CURRENT ASSETS (LIABILITIES) 40,427 20,461
TOTAL ASSETS LESS CURRENT LIABILITIES 55,316 39,041
Creditors: Amounts Falling Due After More Than One Year 8 (15,164 ) (21,642 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,558 ) (3,200 )
NET ASSETS 37,594 14,199
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 37,494 14,099
SHAREHOLDERS' FUNDS 37,594 14,199
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Page 3
For the year ending 30 June 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr N A Utting
Director
Mrs V A Utting
Director
10/09/2025
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Utting Electrical Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10828229 . The registered office is Georgian House, 34 Thoroughfare, Halesworth, Suffolk, IP19 8AP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 20% on reducing balance
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2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2024 14,886 39,013 2,983 56,882
Additions - - 356 356
As at 30 June 2025 14,886 39,013 3,339 57,238
Depreciation
As at 1 July 2024 9,446 26,960 1,896 38,302
Provided during the period 816 3,013 218 4,047
As at 30 June 2025 10,262 29,973 2,114 42,349
Net Book Value
As at 30 June 2025 4,624 9,040 1,225 14,889
As at 1 July 2024 5,440 12,053 1,087 18,580
5. Stocks
2025 2024
£ £
Materials 4,000 4,800
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 33,591 44,956
Prepayments and accrued income 1,220 1,129
34,811 46,085
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 2,589 3,119
Trade creditors 258 10,885
Bank loans and overdrafts 3,889 3,889
Corporation tax 6,364 1,390
VAT 6,919 5,175
...CONTINUED
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Page 7
Other creditors 6,029 5,445
Accruals and deferred income 1,225 1,255
Directors' loan accounts 468 11,653
27,741 42,811
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 2,589
Bank loans 15,164 19,053
15,164 21,642
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,589 3,119
Later than one year and not later than five years - 2,589
2,589 5,708
2,589 5,708
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 1,000 2,000
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