IRIS Accounts Production v18.3.0.590 01682425 Board of Directors Board of Directors 1.4.17 31.3.18 31.3.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure016824252017-03-31016824252018-03-31016824252017-04-012018-03-31016824252016-03-31016824252016-04-012017-03-31016824252017-03-3101682425ns15:EnglandWales2017-04-012018-03-3101682425ns14:PoundSterling2017-04-012018-03-3101682425ns10:Director12017-04-012018-03-3101682425ns10:Director22017-04-012018-03-3101682425ns10:PrivateLimitedCompanyLtd2017-04-012018-03-3101682425ns10:SmallEntities2017-04-012018-03-3101682425ns10:AuditExempt-NoAccountantsReport2017-04-012018-03-3101682425ns10:SmallCompaniesRegimeForDirectorsReport2017-04-012018-03-3101682425ns10:SmallCompaniesRegimeForAccounts2017-04-012018-03-3101682425ns10:FullAccounts2017-04-012018-03-3101682425ns10:Director32017-04-012018-03-3101682425ns10:Director42017-04-012018-03-3101682425ns10:Director52017-04-012018-03-3101682425ns10:CompanySecretary12017-04-012018-03-3101682425ns10:RegisteredOffice2017-04-012018-03-3101682425ns5:CurrentFinancialInstruments2018-03-3101682425ns5:CurrentFinancialInstruments2017-03-3101682425ns5:Non-currentFinancialInstruments2018-03-3101682425ns5:Non-currentFinancialInstruments2017-03-3101682425ns5:ShareCapital2018-03-3101682425ns5:ShareCapital2017-03-3101682425ns5:CapitalRedemptionReserve2018-03-3101682425ns5:CapitalRedemptionReserve2017-03-3101682425ns5:RetainedEarningsAccumulatedLosses2018-03-3101682425ns5:RetainedEarningsAccumulatedLosses2017-03-3101682425ns5:LandBuildings2017-03-3101682425ns5:PlantMachinery2017-03-3101682425ns5:MotorVehicles2017-03-3101682425ns5:LandBuildings2017-04-012018-03-3101682425ns5:PlantMachinery2017-04-012018-03-3101682425ns5:MotorVehicles2017-04-012018-03-3101682425ns5:LandBuildings2018-03-3101682425ns5:PlantMachinery2018-03-3101682425ns5:MotorVehicles2018-03-3101682425ns5:LandBuildings2017-03-3101682425ns5:PlantMachinery2017-03-3101682425ns5:MotorVehicles2017-03-3101682425ns5:CostValuation2017-03-3101682425ns5:AdditionsToInvestments2018-03-3101682425ns5:CostValuation2018-03-3101682425ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3101682425ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-31


REGISTERED NUMBER: 01682425 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

WRIGHT CIVIL ENGINEERING LIMITED

WRIGHT CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 01682425)

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


WRIGHT CIVIL ENGINEERING LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2018







DIRECTORS: H A Waterson
N A Stansfield
C R Waterson
I Dyas
S D Hodgkinson





SECRETARY: N A Stansfield





REGISTERED OFFICE: Main Street
Hull
HU2 0LA





REGISTERED NUMBER: 01682425 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

WRIGHT CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 01682425)

BALANCE SHEET
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 246,262 262,917
Investments 5 187,138 187,053
433,400 449,970

CURRENT ASSETS
Debtors 6 363,609 494,248
Cash at bank and in hand 470,618 486,891
834,227 981,139
CREDITORS
Amounts falling due within one year 7 675,333 851,485
NET CURRENT ASSETS 158,894 129,654
TOTAL ASSETS LESS CURRENT
LIABILITIES

592,294

579,624

CREDITORS
Amounts falling due after more than one year 8 (9,324 ) -

PROVISIONS FOR LIABILITIES (32,900 ) (35,000 )
NET ASSETS 550,070 544,624

CAPITAL AND RESERVES
Called up share capital 1,501 1,501
Capital redemption reserve 999 999
Retained earnings 547,570 542,124
550,070 544,624

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.

WRIGHT CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 01682425)

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 7 November 2018 and were signed on its behalf by:




C R Waterson - Director



N A Stansfield - Director


WRIGHT CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 01682425)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018


1. STATUTORY INFORMATION

Wright Civil Engineering Limited is a private company, limited by shares, registered in England. The company's registered
number is 01682425. The company's registered office is Main Street, Hull HU2 0LA

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 represents the value of work carried out during the year including amounts not invoiced, excluding value added
tax.

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

Freehold property- 2% on a straight line basis
Plant and equipment- 12.5% on a reducing balance basis
Motor vehicles- 25% on a reducing balance basis
Computer and electrical equipment- 33% on a straight line basis

Fixed asset investments
Financial investments held as fixed assets are stated on the balance sheet at cost.

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.

WRIGHT CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 01682425)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018


2. ACCOUNTING POLICIES - continued

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. Those held under finance leases are depreciated over
their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the
future payments is treated as a liability.

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 contributes to a number of defined contribution pension schemes. Contributions payable for the year are
charged in the profit and loss account.


Work in progress - long term contracts
All contracts are accounted for as long term contracts. The contracts undertaken by the company are sufficiently material
to the activity of the period that not to record turnover and attributable profit would lead to a distortion of the period's
turnover and results such that the financial statements would not give a true and fair view. Work in progress on long term
contracts is valued at cost plus attributable profit less foreseeable losses. Progress payments received and receivable are
deducted from the value of such contracts. Where progress payments exceed the value of work in progress the excess is
treated as a current liability.

Profit on individual contracts is taken on a prudent basis when the outcome can be foreseen with reasonable certainty. Full
provision is made for all known or anticipated losses on individual contracts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2017 - 30 ) .

WRIGHT CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 01682425)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018


4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2017 89,651 209,955 268,687 568,293
Additions - 890 39,996 40,886
Disposals - - (28,918 ) (28,918 )
At 31 March 2018 89,651 210,845 279,765 580,261
DEPRECIATION
At 1 April 2017 29,022 159,929 116,425 305,376
Charge for year 1,293 6,256 43,063 50,612
Eliminated on disposal - - (21,989 ) (21,989 )
At 31 March 2018 30,315 166,185 137,499 333,999
NET BOOK VALUE
At 31 March 2018 59,336 44,660 142,266 246,262
At 31 March 2017 60,629 50,026 152,262 262,917

Included in cost of land and buildings is freehold land of £ 25,000 (2017 - £ 25,000 ) which is not depreciated.

The net book value of tangible fixed assets includes £ 22,754 in respect of assets held under hire purchase contracts.

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2017 187,053
Additions 85
At 31 March 2018 187,138
NET BOOK VALUE
At 31 March 2018 187,138
At 31 March 2017 187,053

WRIGHT CIVIL ENGINEERING LIMITED (REGISTERED NUMBER: 01682425)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 156,510 323,138
Amounts recoverable on contract 187,394 154,265
Prepayments 19,705 16,845
363,609 494,248

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts 6,216 -
Payments on account 44,769 -
Trade creditors 521,980 712,643
Corporation tax 15,749 17,763
Social security and other taxes 61,619 96,079
Accruals 25,000 25,000
675,333 851,485

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2018 2017
£    £   
Hire purchase contracts 9,324 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Hire purchase contracts 15,540 -

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £60,040 were paid to the directors .

11. ULTIMATE CONTROLLING PARTY

The company is controlled by H A Waterson.