U Save Utility Contracts Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC578572 (Scotland)

Unaudited Financial Statements

For The Year Ended 30 September 2025

for

U Save Utility Contracts Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

M V Hale

A Hale

W McFadyen

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC578572 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Intangible assets

4

15,478

-

Tangible assets

5

32,010

33,532

47,488

33,532

CURRENT ASSETS

Debtors

6

8,961,304

5,003,850

Cash at bank

2,450,284

738,029

11,411,588

5,741,879

CREDITORS

Amounts falling due within one year

7

5,126,310

2,498,007

NET CURRENT ASSETS

6,285,278

3,243,872

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,332,766

3,277,404

CREDITORS

Amounts falling due after more than one year

8

(5,944,906

)

(2,781,562

)

PROVISIONS FOR LIABILITIES

9

(110,635

)

(73,855

)

NET ASSETS

277,225

421,987

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

277,125

421,887

277,225

421,987

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

M V Hale - Director

1.	STATUTORY INFORMATION

U Save Utility Contracts Limited is a private company, limited by shares , registered in Scotland. 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

Turnover 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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

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.

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 18 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

17,198

At 30 September 2025

17,198

AMORTISATION

Charge for year

1,720

At 30 September 2025

1,720

NET BOOK VALUE

At 30 September 2025

15,478

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 October 2024

20,849

33,980

36,005

90,834

Additions

6,326

-

4,263

10,589

At 30 September 2025

27,175

33,980

40,268

101,423

DEPRECIATION

At 1 October 2024

8,617

15,358

33,327

57,302

Charge for year

4,949

4,656

2,506

12,111

At 30 September 2025

13,566

20,014

35,833

69,413

NET BOOK VALUE

At 30 September 2025

13,609

13,966

4,435

32,010

At 30 September 2024

12,232

18,622

2,678

33,532

6.

DEBTORS

30.9.25

30.9.24

£

Amounts falling due within one year:

Trade debtors

164,943

54,490

Other debtors

2,851,455

2,167,798

3,016,398

2,222,288

Amounts falling due after more than one year:

Other debtors

5,944,906

2,781,562

Aggregate amounts

8,961,304

5,003,850

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade creditors

7,967

-

Taxation and social security

370,397

186,676

Other creditors

4,747,946

2,311,331

5,126,310

2,498,007

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

Other creditors

5,944,906

2,781,562

9.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

Deferred tax

110,635

73,855

Deferred

tax

£

Balance at 1 October 2024

73,855

Provided during year

36,780

Balance at 30 September 2025

110,635

10.	RELATED PARTY DISCLOSURES

U Save Utility Contracts is owed £8,928 by A P Hale Enterprises Ltd as at 30/09/2025. The companies are associated.

The following reproduces the text of the report prepared for the directors 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 Income Statement and certain other primary statements and the Report of the Directors 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 U Save Utility Contracts Limited for the year ended 30 September 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of U Save Utility Contracts Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of U Save Utility Contracts Limited and state those matters that we have agreed to state to the Board of Directors of U Save Utility Contracts Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that U Save Utility Contracts Limited 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 U Save Utility Contracts Limited. You consider that U Save Utility Contracts Limited 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 U Save Utility Contracts Limited. 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.

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

14 May 2026