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REGISTERED NUMBER: 03111193 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

FLOWLINE CIVIL ENGINEERING LTD

FLOWLINE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03111193)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

FLOWLINE CIVIL ENGINEERING LTD

Company Information
for the Year Ended 31 March 2023







DIRECTOR: K Snape



REGISTERED OFFICE: Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY



REGISTERED NUMBER: 03111193 (England and Wales)



ACCOUNTANTS: James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY



BANKERS: Nat West
Welsh Valleys Business Centre
PO Box 30
Caerphilly
CF83 1YG



SOLICITORS: Hugh James
Hodge House
114-116 St Mary Street
CARDIFF
CF10 1DY

FLOWLINE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03111193)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 109,926 161,164

CURRENT ASSETS
Debtors 5 190,885 205,447
Cash at bank 41,673 56,918
232,558 262,365
CREDITORS
Amounts falling due within one year 6 176,811 156,591
NET CURRENT ASSETS 55,747 105,774
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,673

266,938

PROVISIONS FOR LIABILITIES 8 - 16,056
NET ASSETS 165,673 250,882

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 9 164,673 249,882
SHAREHOLDERS' FUNDS 165,673 250,882

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 director acknowledges his 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 director and authorised for issue on 20 November 2023 and were signed by:




K Snape - Director


FLOWLINE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03111193)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

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

Turnover represents net invoiced sales of goods and services on ordinary activities, and is stated net of trade discounts, 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
Motor vehicles - 20% on 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.

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.

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 5 (2022 - 5 ) .

FLOWLINE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03111193)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 171,526 111,425 - 282,951
Additions - - 845 845
Disposals (12,250 ) - - (12,250 )
At 31 March 2023 159,276 111,425 845 271,546
DEPRECIATION
At 1 April 2022 47,200 74,587 - 121,787
Charge for year 30,896 20,908 279 52,083
Eliminated on disposal (12,250 ) - - (12,250 )
At 31 March 2023 65,846 95,495 279 161,620
NET BOOK VALUE
At 31 March 2023 93,430 15,930 566 109,926
At 31 March 2022 124,326 36,838 - 161,164

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 52,600 53,520
Other debtors 138,285 151,927
190,885 205,447

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts - 7,133
Trade creditors 42,336 20,126
Taxation and social security 7,289 4,424
Other creditors 127,186 124,908
176,811 156,591

7. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Hire purchase contracts - 7,133

FLOWLINE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 03111193)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax
Accelerated capital allowances - 21,485
Tax losses carried forward - (5,429 )
- 16,056

Deferred
tax
£   
Balance at 1 April 2022 16,056
Accelerated capital allowances (21,485 )
Losses carried forward 5,429
Balance at 31 March 2023 -

Deferred Taxation represents Corporation Tax provided at the prevailing marginal rate on accelerated capital allowances and other reversing timing differences. The liability may be expected to crystallise over the useful lives of the related assets.

9. RESERVES
Retained
earnings
£   

At 1 April 2022 249,882
Deficit for the year (85,209 )
At 31 March 2023 164,673

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
K Snape
Balance outstanding at start of year (119,378 ) (2,012 )
Amounts repaid 464 (117,366 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (118,914 ) (119,378 )

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is the director Mr K Snape.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Flowline Civil Engineering Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 Flowline Civil Engineering Ltd for the year ended 31 March 2023 which comprise the Income Statement, 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 director of Flowline Civil Engineering Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Flowline Civil Engineering Ltd and state those matters that we have agreed to state to the director of Flowline Civil Engineering Ltd 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 Flowline Civil Engineering Ltd and its director for our work or for this report.

It is your duty to ensure that Flowline Civil Engineering Ltd 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 loss of Flowline Civil Engineering Ltd. You consider that Flowline Civil Engineering Ltd 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 Flowline Civil Engineering Ltd. 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.






James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY


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