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REGISTERED NUMBER: 05214712 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

AINSWORTH CIVILS & ENGINEERING LIMITED

AINSWORTH CIVILS & ENGINEERING LIMITED (REGISTERED NUMBER: 05214712)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

AINSWORTH CIVILS & ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: J J Ainsworth
S P M Ainsworth





REGISTERED OFFICE: South Belringham Barn
South Lane
Sutton Valence
Maidstone
Kent
ME17 3BD





REGISTERED NUMBER: 05214712 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ

AINSWORTH CIVILS & ENGINEERING LIMITED (REGISTERED NUMBER: 05214712)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,171,796 1,270,755

CURRENT ASSETS
Debtors 5 1,387,222 1,112,224
Cash at bank and in hand 625,535 134,696
2,012,757 1,246,920
CREDITORS
Amounts falling due within one year 6 897,705 601,861
NET CURRENT ASSETS 1,115,052 645,059
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,286,848

1,915,814

CREDITORS
Amounts falling due after more than one
year

7

(442,679

)

(501,805

)

PROVISIONS FOR LIABILITIES (213,194 ) -
NET ASSETS 1,630,975 1,414,009

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,630,875 1,413,909
SHAREHOLDERS' FUNDS 1,630,975 1,414,009

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

AINSWORTH CIVILS & ENGINEERING LIMITED (REGISTERED NUMBER: 05214712)

BALANCE SHEET - continued
31 MARCH 2023


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 17 November 2023 and were signed on its behalf by:





J J Ainsworth - Director


AINSWORTH CIVILS & ENGINEERING LIMITED (REGISTERED NUMBER: 05214712)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Ainsworth Civils & 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.

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements. Against the backdrop of the COVID-19 Pandemic the directors have paid particular attention to likely cashflow requirements and the future availability of adequate cashflow to the company.

On the basis of this consideration, the directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when the company receives the right to consideration.

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 reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Government grants
In accordance with s24 of FRS 102 these are treated using the accruals model and so are recognised in income on a systematic basis over the periods in which the company recognises the related costs for which the grants are intended to compensate.

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.


AINSWORTH CIVILS & ENGINEERING LIMITED (REGISTERED NUMBER: 05214712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

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
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 6 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 2,089,537
Additions 116,836
At 31 March 2023 2,206,373
DEPRECIATION
At 1 April 2022 818,782
Charge for year 215,795
At 31 March 2023 1,034,577
NET BOOK VALUE
At 31 March 2023 1,171,796
At 31 March 2022 1,270,755

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 4,598 96,552
Amounts owed by group undertakings 744,908 529,872
Amounts recoverable on contract 489,744 441,225
Taxation recoverable 144,314 -
VAT - 44,575
Prepayments 3,658 -
1,387,222 1,112,224

AINSWORTH CIVILS & ENGINEERING LIMITED (REGISTERED NUMBER: 05214712)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 325,679 219,088
Hire purchase contracts 21,746 10,007
Trade creditors 444,733 335,981
Tax 28,669 -
Social security and other taxes 5,006 4,309
VAT 57,365 -
Other creditors 6,384 10,192
Directors' current accounts - 14,568
Accrued expenses 8,123 7,716
897,705 601,861

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans - 1-2 years 330,112 249,088
Bank loans - 2-5 years 87,757 243,544
Hire purchase contracts 24,810 9,173
442,679 501,805

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank loans 743,548 711,720

There is a fixed and floating charge over all the property or undertakings of the company.

9. RELATED PARTY DISCLOSURES

The company is a member of All Infrastructure Services LLP of which the directors; Mr and Mrs Ainsworth are also members.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AINSWORTH CIVILS & ENGINEERING LIMITED

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ainsworth Civils & Engineering Limited for the year ended 31 March 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ainsworth Civils & Engineering Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ainsworth Civils & Engineering Limited and state those matters that we have agreed to state to the Board of Directors of Ainsworth Civils & Engineering Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ainsworth Civils & Engineering Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ainsworth Civils & Engineering Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ainsworth Civils & Engineering Limited. You consider that Ainsworth Civils & Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ainsworth Civils & Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ


17 November 2023