Company Registration No. 05979113 (England and Wales)
Utility Plus Interiors Ltd
Unaudited accounts
for the year ended 31 December 2021
Utility Plus Interiors Ltd
Unaudited accounts
Contents
Utility Plus Interiors Ltd
Company Information
for the year ended 31 December 2021
Directors
Andrew Pewter
Jill Pewter
Company Number
05979113 (England and Wales)
Registered Office
Aircon Works
Park Road
Crowborough
TN6 2QT
Accountants
Ogilvie and Co Chartered Certified Accountants
94 Highdown Road
Hove
East Sussex
BN3 6EA
Utility Plus Interiors Ltd
Statement of financial position
as at 31 December 2021
Tangible assets
6,996
7,250
Cash at bank and in hand
314,235
331,707
Creditors: amounts falling due within one year
(611)
(9,193)
Net current assets
314,225
348,334
Net assets
321,221
355,584
Called up share capital
100
100
Profit and loss account
321,121
355,484
Shareholders' funds
321,221
355,584
For the year ending 31 December 2021 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 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 of Directors and authorised for issue on 11 April 2022 and were signed on its behalf by
Andrew Pewter
Director
Company Registration No. 05979113
Utility Plus Interiors Ltd
Notes to the Accounts
for the year ended 31 December 2021
Utility Plus Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 05979113. The registered office is Aircon Works, Park Road, Crowborough, TN6 2QT.
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.
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.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, and value added tax.
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:
Plant & machinery
20% on cost
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
The company operates a defined contribution scheme for the benefit of its directors. Contributions payable are recognised in the profit and loss account when due.
Utility Plus Interiors Ltd
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2021
6,996
11,952
18,948
At 31 December 2021
6,996
12,622
19,618
At 1 January 2021
-
11,698
11,698
Charge for the year
-
924
924
At 31 December 2021
-
12,622
12,622
At 31 December 2021
6,996
-
6,996
At 31 December 2020
6,996
254
7,250
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
(2,016)
6,761
Other creditors
2,433
2,238
Loans from directors
194
194
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
