Utility Plus Interiors Ltd - Accounts to registrar (filleted) - small 18.1

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

Utility Plus Interiors Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Pewter

Mrs J Pewter

J W Pewter

A K Pewter

SECRETARY:

Mrs J Pewter

REGISTERED OFFICE:

19 Britton Street

London

EC1M 5NZ

REGISTERED NUMBER:

05979113 (England and Wales)

ACCOUNTANTS:

Ogilvie & Co

94 Highdown Road

Hove

East Sussex

BN3 6EA

BANKERS:

HSBC Bank plc

153 North Street

Brighton

East Sussex

BN1 1SW

FIXED ASSETS

Tangible assets

4

9,103

10,937

CURRENT ASSETS

Stocks

18,928

10,027

Debtors

5

114,587

211,252

Cash at bank and in hand

394,443

121,725

527,958

343,004

CREDITORS

Amounts falling due within one year

6

(222,272

)

(87,838

)

NET CURRENT ASSETS

305,686

255,166

TOTAL ASSETS LESS CURRENT LIABILITIES

314,789

266,103

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

314,689

266,003

SHAREHOLDERS' FUNDS

314,789

266,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 6 May 2018 and were signed on its behalf by:

A Pewter - Director

1.	STATUTORY INFORMATION

Utility Plus Interiors Ltd 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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 etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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.

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 NIL (2016 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2017

6,996

7,104

14,100

Additions

-

1,824

1,824

At 31 December 2017

6,996

8,928

15,924

DEPRECIATION

At 1 January 2017

-

3,163

3,163

Charge for year

-

3,658

3,658

At 31 December 2017

-

6,821

6,821

NET BOOK VALUE

At 31 December 2017

6,996

2,107

9,103

At 31 December 2016

6,996

3,941

10,937

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade debtors

99,493

193,642

Other debtors

15,094

17,610

114,587

211,252

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Tax

17,910

5,086

Social security and other taxes

23,095

4,419

VAT

50,157

18,391

Other creditors

130,916

59,748

Directors' current accounts

194

194

222,272

87,838