Utopia Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01681609 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Utopia Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

Mr K L Camfield

SECRETARY:

MS E J Camfield

REGISTERED OFFICE:

Suite 1

Concept House

23 Billet Lane

Hornchurch

Essex

RM11 1XP

REGISTERED NUMBER:

01681609 (England and Wales)

ACCOUNTANTS:

Havard & Associates

Suite 1

Concept House

23 Billet Lane

Hornchurch

Essex

RM11 1XP

FIXED ASSETS

Intangible assets

4

1

Tangible assets

5

20,382

20,907

Investment property

6

584,484

604,867

605,392

CURRENT ASSETS

Debtors

7

158,570

338,180

Investments

8

2,500

Cash at bank

508,545

344,325

669,615

685,005

CREDITORS

Amounts falling due within one year

9

144,678

144,580

NET CURRENT ASSETS

524,937

540,425

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,129,804

1,145,817

CREDITORS

Amounts falling due after more than one
year

10

(410,707

)

(410,772

)

PROVISIONS FOR LIABILITIES

(19,112

)

(18,957

)

NET ASSETS

699,985

716,088

CAPITAL AND RESERVES

Called up share capital

11

40,000

Revaluation reserve

12

55,260

Retained earnings

604,725

620,828

SHAREHOLDERS' FUNDS

699,985

716,088

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 June 2026 and were signed by:

Mr K L Camfield - Director

1.	STATUTORY INFORMATION

Utopia 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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

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.

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

-

in accordance with the property

Plant and machinery etc

-

10% on reducing balance

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

25,000

AMORTISATION

At 1 January 2025

and 31 December 2025

24,999

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2025

3,938

167,018

170,956

Additions

-

717

At 31 December 2025

3,938

167,735

171,673

DEPRECIATION

At 1 January 2025

3,938

146,111

150,049

Charge for year

-

1,242

At 31 December 2025

3,938

147,353

151,291

NET BOOK VALUE

At 31 December 2025

-

20,382

At 31 December 2024

-

20,907

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

584,484

NET BOOK VALUE

At 31 December 2025

584,484

At 31 December 2024

584,484

Fair value at 31 December 2025 is represented by:

£

Valuation in 2024

584,484

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

30,941

102,488

Other debtors

127,629

235,692

158,570

338,180

8.	CURRENT ASSET INVESTMENTS

31.12.25

31.12.24

£

Unlisted investments

2,500

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

108,991

106,283

Taxation and social security

18,674

35,987

Other creditors

17,013

2,310

144,678

144,580

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Other creditors

410,707

410,772

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

410,707

410,772

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

40,000

Ordinary

£1

40,000

12.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

55,260

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

Mr K L Camfield

Balance outstanding at start of year

199,171

144,438

Amounts advanced

21,314

82,733

Amounts repaid

(144,500

)

(28,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

75,985

199,171

Interest has been charged on the above loans at 2.5%.