REGISTERED NUMBER: 10954523 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 SEPTEMBER 2025

FOR

UTILIKO LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D R Laisby

Mr J A Roberts

SECRETARY:

Mrs K Laisby

REGISTERED OFFICE:

Sowerby Woods Business Park

Bouthwood Road

Barrow-in-Furness

Cumbria

LA14 4RD

REGISTERED NUMBER:

10954523 (England and Wales)

BANKERS:

Lloyds Bank plc

140-146 Dalton Road

Barrow-in Furness

Cumbria

LA14 1JH

FIXED ASSETS

Tangible assets

4

936,562

856,334

CURRENT ASSETS

Debtors

820,523

734,022

Cash at bank

321,655

29,661

1,142,178

763,683

CREDITORS

Amounts falling due within one year

599,788

655,347

NET CURRENT ASSETS

542,390

108,336

TOTAL ASSETS LESS CURRENT LIABILITIES

1,478,952

964,670

CREDITORS

Amounts falling due after more than one year

535,652

435,734

NET ASSETS

943,300

528,936

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

943,200

528,836

SHAREHOLDERS' FUNDS

943,300

528,936

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

Mr J A Roberts - Director

1.	STATUTORY INFORMATION

Utiliko 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of services, excluding VAT.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

Rentals paid under operating leases are charged to income as 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 30 September 2024

1,347,881

Additions

310,121

Disposals

(91,681

)

At 29 September 2025

1,566,321

DEPRECIATION

At 30 September 2024

491,547

Charge for year

189,488

Eliminated on disposal

(51,276

)

At 29 September 2025

629,759

NET BOOK VALUE

At 29 September 2025

936,562

At 29 September 2024

856,334

The net book value of tangible fixed assets includes £602,836 (2024: £719,901) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £144,232 (2024: £144,246) for the financial year.

5.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

29.9.25

29.9.24

£

£

Net obligations repayable:

Within one year

284,592

221,294

Between one and five years

320,483

428,699

605,075

649,993

Non-cancellable

operating leases

29.9.25

29.9.24

£

£

Within one year

63,683

63,683

Between one and five years

209,338

233,021

In more than five years

120,000

160,000

393,021

456,704

6.	SECURED DEBTS

The following secured debts are included within creditors:

29.9.25

29.9.24

£

£

Hire purchase contracts

605,075

649,993

Other loan

187,000

100,000

792,075

749,993

The directors have each provided a joint and several personal guarantee against the other loan above.

Lloyds bank plc holds a fixed and floating charge over all the property or undertaking of the company and includes a negative pledge.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.9.25

29.9.24

value:

£

£

100

Ordinary A

£1

100

100

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 September 2025 and 29 September 2024:

29.9.25

29.9.24

£

£

Mr D R Laisby

Balance outstanding at start of year

43,889

26,397

Amounts advanced

81,713

43,889

Amounts repaid

(98,986

)

(26,397

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

26,616

43,889

Mr J A Roberts

Balance outstanding at start of year

43,889

26,397

Amounts advanced

81,713

43,889

Amounts repaid

(98,985

)

(26,397

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

26,617

43,889

During the financial period interest of £1,550 (2024: £1564) has been charged on the average balance at 3% (2024:2.25%).

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Laisby & Mr J Roberts.