5th Utility Ltd - Accounts to registrar (filleted) - small 18.1

5th Utility Ltd - Accounts to registrar (filleted) - small 18.1

5TH UTILITY LTD - Company Information

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REGISTERED NUMBER: 09491514 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

5TH UTILITY LTD
5TH UTILITY LTD (REGISTERED NUMBER: 09491514)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

5TH UTILITY LTD

COMPANY INFORMATION
For The Year Ended 31 March 2018







DIRECTORS: C J Dickinson
L M Ryan
R D Penney
Mrs C Dickinson





REGISTERED OFFICE: 15 Market Street
Standish
Wigan
Lancashire
WN6 0HW





REGISTERED NUMBER: 09491514 (England and Wales)





ACCOUNTANTS: ADC Accountants Limited
Chartered Cert. Accountants
15 Market Street
Standish
Wigan
Lancashire
WN6 0HW
Page 1
5TH UTILITY LTD (REGISTERED NUMBER: 09491514)

BALANCE SHEET
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,064 4,202

CURRENT ASSETS
Stocks 7,221 2,915
Debtors 5 14,293 4,527
Cash at bank 19,658 7,062
41,172 14,504
CREDITORS
Amounts falling due within one year 6 33,631 16,662
NET CURRENT ASSETS/(LIABILITIES) 7,541 (2,158 )
TOTAL ASSETS LESS CURRENT LIABILITIES 10,605 2,044

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 7 10,585 2,024
SHAREHOLDERS' FUNDS 10,605 2,044

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 notes form part of these financial statements

Page 2 continued...
5TH UTILITY LTD (REGISTERED NUMBER: 09491514)

BALANCE SHEET - continued
31 March 2018


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 10 July 2018 and were signed
on its behalf by:




C J Dickinson - Director L M Ryan - Director




R D Penney - Director


The notes form part of these financial statements

Page 3
5TH UTILITY LTD (REGISTERED NUMBER: 09491514)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2018

1. STATUTORY INFORMATION

5th Utility 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and
handling costs in bringing stocks to their present location and condition.

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.

Page 4 continued...
5TH UTILITY LTD (REGISTERED NUMBER: 09491514)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 4,202
Additions 371
At 31 March 2018 4,573
DEPRECIATION
Charge for year 1,509
At 31 March 2018 1,509
NET BOOK VALUE
At 31 March 2018 3,064
At 31 March 2017 4,202

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 14,273 4,519
Other debtors 20 8
14,293 4,527

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 13,225 1,517
Taxation and social security 5,433 455
Other creditors 14,973 14,690
33,631 16,662

7. RESERVES
Retained
earnings
£   

At 1 April 2017 2,024
Profit for the year 18,561
Dividends (10,000 )
At 31 March 2018 10,585

Page 5
5TH UTILITY LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
5TH UTILITY LTD

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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






ADC Accountants Limited
Chartered Cert. Accountants
15 Market Street
Standish
Wigan
Lancashire
WN6 0HW


Date: .............................................

This page does not form part of the statutory financial statements

Page 6