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REGISTERED NUMBER: 10937490 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Arthur Civil Engineering Limited

Arthur Civil Engineering Limited (Registered number: 10937490)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Arthur Civil Engineering Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: A I Smith
L J O'Loughlin





REGISTERED OFFICE: Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW





BUSINESS ADDRESS: 1 Beaumont Court
Prince William Road
Loughborough
Leicestershire
LE11 5DA





REGISTERED NUMBER: 10937490 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Arthur Civil Engineering Limited (Registered number: 10937490)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £   
FIXED ASSETS
Tangible assets 4 164,692 9,345

CURRENT ASSETS
Stocks - 195,000
Debtors 5 988,607 585,109
Cash at bank 200,294 43,981
1,188,901 824,090
CREDITORS
Amounts falling due within one year 6 (614,643 ) (524,148 )
NET CURRENT ASSETS 574,258 299,942
TOTAL ASSETS LESS CURRENT
LIABILITIES

738,950

309,287

CREDITORS
Amounts falling due after more than one
year

7

(580,054

)

(237,500

)

PROVISIONS FOR LIABILITIES (31,292 ) (1,776 )
NET ASSETS 127,604 70,011

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 127,504 69,911
127,604 70,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

Arthur Civil Engineering Limited (Registered number: 10937490)

Balance Sheet - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 31 August 2022 and were signed on its behalf by:





L J O'Loughlin - Director


Arthur Civil Engineering Limited (Registered number: 10937490)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Arthur Civil Engineering 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.

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 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 - 20% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Government grants
Government grants receivable in relation to expenditure is recognised when the expenditure is charged to the profit and loss.

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, 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 Statement of Income and Retained Earnings, 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.

Arthur Civil Engineering Limited (Registered number: 10937490)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

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 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 10 (2021 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2021 2,567 4,030 8,996 15,593
Additions 157,999 2,872 1,899 162,770
At 31 March 2022 160,566 6,902 10,895 178,363
DEPRECIATION
At 1 April 2021 1,941 951 3,356 6,248
Charge for year 3,003 1,725 2,695 7,423
At 31 March 2022 4,944 2,676 6,051 13,671
NET BOOK VALUE
At 31 March 2022 155,622 4,226 4,844 164,692
At 31 March 2021 626 3,079 5,640 9,345

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 648,116 335,413
Other debtors 340,491 249,696
988,607 585,109

Other debtors includes prepayments and accrued income of £261,317 (2021: £223,159).

Arthur Civil Engineering Limited (Registered number: 10937490)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 50,000 49,861
Hire purchase contracts 60,040 -
Trade creditors 131,708 265,493
Taxation and social security 43,347 48,895
Other creditors 329,548 159,899
614,643 524,148

Other creditors includes accruals and deferred income of £22,170 (2021: £4,445).

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Bank loans 231,845 237,500
Hire purchase contracts 111,195 -
Other creditors 237,014 -
580,054 237,500

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years - 37,500

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.22 31.3.21
£    £   
Hire purchase contracts 171,235 -
Bank loan 237,500 250,000
Other loans 248,634 -
657,369 250,000

The bank loan is secured over the assets of the company.
The hire purchase loan is secured over the fixed asset that it is related to.
The other loan is secured over the fixed and floating charge over all assets of the company.

9. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £34,499 (2021 - £66,919).

Arthur Civil Engineering Limited (Registered number: 10937490)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2022 and 31 March 2021:

31.3.22 31.3.21
£    £   
A I Smith
Balance outstanding at start of year - -
Amounts advanced 968 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 968 -

L J O'Loughlin
Balance outstanding at start of year 8,809 9,600
Amounts advanced - 8,809
Amounts repaid (8,809 ) (9,600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 8,809

The loan to Mr L J O'Loughlin was repayable on demand and interest was charged at 2.5%.