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REGISTERED NUMBER: 09829339 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 December 2022

for

Streetworks Civil Engineering Ltd

Streetworks Civil Engineering Ltd (Registered number: 09829339)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Streetworks Civil Engineering Ltd

Company Information
for the Year Ended 31 December 2022







DIRECTORS: L M Baker
J-P Hayes





REGISTERED OFFICE: Ivy Cottage
20 The Square
Alveston
Bristol
BS35 3PE





REGISTERED NUMBER: 09829339 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Streetworks Civil Engineering Ltd (Registered number: 09829339)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 61,890 104,326

CURRENT ASSETS
Stocks 381,794 73,000
Debtors 5 80,116 128,316
Cash at bank and in hand 3,905 65,346
465,815 266,662
CREDITORS
Amounts falling due within one year 6 403,307 153,604
NET CURRENT ASSETS 62,508 113,058
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,398

217,384

CREDITORS
Amounts falling due after more than one
year

7

(42,363

)

(62,841

)

PROVISIONS FOR LIABILITIES (15,472 ) (19,822 )
NET ASSETS 66,563 134,721

Streetworks Civil Engineering Ltd (Registered number: 09829339)

Balance Sheet - continued
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 66,463 134,621
SHAREHOLDERS' FUNDS 66,563 134,721

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by:





J-P Hayes - Director


Streetworks Civil Engineering Ltd (Registered number: 09829339)

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

1. STATUTORY INFORMATION

Streetworks Civil Engineering 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 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 represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

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.


Streetworks Civil Engineering Ltd (Registered number: 09829339)

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

2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

Streetworks Civil Engineering Ltd (Registered number: 09829339)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022 212,202
Additions 13,172
Disposals (93,379 )
At 31 December 2022 131,995
DEPRECIATION
At 1 January 2022 107,876
Charge for year 17,912
Eliminated on disposal (55,683 )
At 31 December 2022 70,105
NET BOOK VALUE
At 31 December 2022 61,890
At 31 December 2021 104,326

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2022
and 31 December 2022 56,490
DEPRECIATION
At 1 January 2022 20,220
Charge for year 9,067
At 31 December 2022 29,287
NET BOOK VALUE
At 31 December 2022 27,203
At 31 December 2021 36,270

Streetworks Civil Engineering Ltd (Registered number: 09829339)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors - 15,000
Other debtors 80,116 113,316
80,116 128,316

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 10,479 10,479
Trade creditors 66,936 40,124
Taxation and social security 29,954 47,537
Other creditors 285,938 45,464
403,307 153,604

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Bank loans 28,333 38,333
Hire purchase contracts 14,030 24,508
42,363 62,841

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.22 31.12.21
£    £   
Hire purchase contracts 24,509 34,987