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REGISTERED NUMBER: 07582828 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

G A CIVILS LTD

G A CIVILS LTD (REGISTERED NUMBER: 07582828)






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 8

G A CIVILS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: G M Ashenden





REGISTERED OFFICE: 28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ





REGISTERED NUMBER: 07582828 (England and Wales)





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

G A CIVILS LTD (REGISTERED NUMBER: 07582828)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 661,143 521,025
Investments 5 1,454,289 1,495,588
2,115,432 2,016,613

CURRENT ASSETS
Stocks 6 234,446 87,000
Debtors 7 697,581 987,773
Cash at bank 501,731 501,643
1,433,758 1,576,416
CREDITORS
Amounts falling due within one year 8 546,538 813,843
NET CURRENT ASSETS 887,220 762,573
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,002,652

2,779,186

CREDITORS
Amounts falling due after more than one
year

9

(111,423

)

(68,252

)

PROVISIONS FOR LIABILITIES (164,055 ) (98,728 )
NET ASSETS 2,727,174 2,612,206

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,727,074 2,612,106
SHAREHOLDERS' FUNDS 2,727,174 2,612,206

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.

G A CIVILS LTD (REGISTERED NUMBER: 07582828)

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 director and authorised for issue on 21 December 2023 and were signed by:





G M Ashenden - Director


G A CIVILS LTD (REGISTERED NUMBER: 07582828)

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

1. STATUTORY INFORMATION

G A Civils 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.

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.

On the basis of this consideration, the directors are confident 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 are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion.

Turnover
Turnover represents net invoiced sales of goods and services excluding value added tax. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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 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.

G A CIVILS LTD (REGISTERED NUMBER: 07582828)

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 854,120
Additions 298,541
Disposals (76,152 )
At 31 March 2023 1,076,509
DEPRECIATION
At 1 April 2022 333,095
Charge for year 112,982
Eliminated on disposal (30,711 )
At 31 March 2023 415,366
NET BOOK VALUE
At 31 March 2023 661,143
At 31 March 2022 521,025

G A CIVILS LTD (REGISTERED NUMBER: 07582828)

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

4. TANGIBLE FIXED ASSETS - continued

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

Plant and
machinery
etc
£   
COST
At 1 April 2022 338,131
Additions 142,850
Disposals (44,987 )
Transfer to ownership (32,008 )
At 31 March 2023 403,986
DEPRECIATION
At 1 April 2022 100,793
Charge for year 50,377
Eliminated on disposal (17,359 )
Transfer to ownership (15,300 )
At 31 March 2023 118,511
NET BOOK VALUE
At 31 March 2023 285,475
At 31 March 2022 237,338

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.23 31.3.22
£    £   
Investment in G A Construction
& Utilities LLP 1,454,289 1,495,588

6. STOCKS
31.3.23 31.3.22
£    £   
Work-in-progress 234,446 87,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 226,505 574,684
Other debtors 87,557 82,770
Directors' current accounts 347,554 330,319
VAT 35,965 -
697,581 987,773

G A CIVILS LTD (REGISTERED NUMBER: 07582828)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 116,669 90,031
Trade creditors 31,667 162,248
Amounts owed to associates 348,232 348,832
Tax 80,665 149,313
Social security and other taxes (41,046 ) (10,211 )
VAT - 59,219
Other creditors - 4,061
Accrued expenses 10,351 10,350
546,538 813,843

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 111,423 68,252

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
£    £   
G M Ashenden
Balance outstanding at start of year 330,319 336,645
Amounts advanced 405,408 376,575
Amounts repaid (388,173 ) (382,901 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 347,554 330,319

A directors loan account exist to which there are no terms attached. At the balance sheet date the director, Mr G Ashenden, owed £347,554 (2022: £330,319) to the company that was repaid within 9 months of the year end.

11. RELATED PARTY DISCLOSURES

The company is a member of G A Construction & Utilities LLP of which Mr G Ashenden; the director is also a member.

Mr G Ashenden is also the ultimate controlling party of Gary Ashenden Ltd; which is a member of G A Construction & Utilities LLP.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
G A CIVILS 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 G A Civils Ltd 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 director of G A Civils Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of G A Civils Ltd and state those matters that we have agreed to state to the director of G A Civils 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 G A Civils Ltd and its director for our work or for this report.

It is your duty to ensure that G A Civils 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 profit of G A Civils Ltd. You consider that G A Civils 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 G A Civils 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.






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


21 December 2023