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Company Registration No. 11851873 (England and Wales)
Utopia Tints Ltd Unaudited accounts for the year ended 28 February 2025
Utopia Tints Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Utopia Tints Ltd Company Information for the year ended 28 February 2025
Director
Mitchell Anderson
Company Number
11851873 (England and Wales)
Accountants
GHB 102 JOHN CARTER HOUSE 54-58 KINSLAND ROAD DURHAM E2 8DP
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Utopia Tints Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
395
270
Tangible assets
5
43,945
30,163
44,340
30,433
Current assets
Inventories
2,811
1,200
Debtors
6
80,819
4,129
Cash at bank and in hand
27,610
43,650
111,240
48,979
Creditors: amounts falling due within one year
7
(5,840)
(21,323)
Net current assets
105,400
27,656
Total assets less current liabilities
149,740
58,089
Creditors: amounts falling due after more than one year
8
(56,915)
(36,848)
Net assets
92,825
21,241
Capital and reserves
Called up share capital
100
100
Profit and loss account
92,725
21,141
Shareholders' funds
92,825
21,241
For the year ending 28 February 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 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 October 2025 and were signed on its behalf by
Mitchell Anderson Director Company Registration No. 11851873
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Utopia Tints Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Utopia Tints Ltd is a private company, limited by shares, registered in England and Wales, registration number 11851873.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 March 2024
270
Additions
125
At 28 February 2025
395
Amortisation
At 1 March 2024
-
At 28 February 2025
-
Net book value
At 28 February 2025
395
At 29 February 2024
270
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Utopia Tints Ltd Notes to the Accounts for the year ended 28 February 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2024
3,122
54,125
9,288
7,740
74,275
Additions
439
12,293
1,050
-
13,782
At 28 February 2025
3,561
66,418
10,338
7,740
88,057
Depreciation
At 1 March 2024
1,742
34,039
4,901
3,430
44,112
At 28 February 2025
1,742
34,039
4,901
3,430
44,112
Net book value
At 28 February 2025
1,819
32,379
5,437
4,310
43,945
At 29 February 2024
1,380
20,086
4,387
4,310
30,163
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
143
1,839
Accrued income and prepayments
2,178
2,290
2,321
4,129
Amounts falling due after more than one year
Trade debtors
13,386
-
Other debtors
65,112
-
78,498
-
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
863
8,444
Obligations under finance leases and hire purchase contracts
4,000
4,000
Trade creditors
428
428
Taxes and social security
-
7,942
Other creditors
69
29
Accruals
480
480
5,840
21,323
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
6,401
8,777
Loans from directors
50,514
28,071
56,915
36,848
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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