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REGISTERED NUMBER: 12599984 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Holmes Civils Ltd

Holmes Civils Ltd (Registered number: 12599984)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Holmes Civils Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mr B L G Holmes





REGISTERED OFFICE: Hall Farm Hall Lane
Otley
Ipswich
United Kingdom
IP6 9PA





REGISTERED NUMBER: 12599984 (England and Wales)





ACCOUNTANTS: Turner & Ellerby
Chartered Certified Accountants
5 Church Street
Framlingham
Woodbridge
Suffolk
IP13 9BQ

Holmes Civils Ltd (Registered number: 12599984)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,333 3,396

CURRENT ASSETS
Stocks 145,000 150,000
Debtors 5 577,310 357,090
Cash at bank and in hand 218,972 200,242
941,282 707,332
CREDITORS
Amounts falling due within one year 6 629,883 546,189
NET CURRENT ASSETS 311,399 161,143
TOTAL ASSETS LESS CURRENT
LIABILITIES

344,732

164,539

PROVISIONS FOR LIABILITIES 7 8,333 645
NET ASSETS 336,399 163,894

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 336,389 163,884
SHAREHOLDERS' FUNDS 336,399 163,894

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

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

Holmes Civils Ltd (Registered number: 12599984)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 February 2024 and were signed by:





Mr B L G Holmes - Director


Holmes Civils Ltd (Registered number: 12599984)

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

1. STATUTORY INFORMATION

Holmes 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.

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 - 25% on reducing balance
Fixtures and fittings - Straight line over 4 years

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.

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.

Holmes Civils Ltd (Registered number: 12599984)

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

2. ACCOUNTING POLICIES - continued

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 11 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2022 3,486 1,043 - 4,529
Additions 635 - 40,500 41,135
At 31 May 2023 4,121 1,043 40,500 45,664
DEPRECIATION
At 1 June 2022 872 261 - 1,133
Charge for year 812 261 10,125 11,198
At 31 May 2023 1,684 522 10,125 12,331
NET BOOK VALUE
At 31 May 2023 2,437 521 30,375 33,333
At 31 May 2022 2,614 782 - 3,396

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 554,079 294,548
VAT 23,231 62,542
577,310 357,090

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 421,718 359,560
Amounts owed to associates 100,000 70,000
Tax 37,858 31,489
Social security and other taxes 16,772 25,262
Other creditors 661 1,270
Directors' current accounts 13,900 -
Accrued expenses 38,974 58,608
629,883 546,189

Holmes Civils Ltd (Registered number: 12599984)

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

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 8,333 645

Deferred
tax
£   
Balance at 1 June 2022 645
Movement in year 7,688
Balance at 31 May 2023 8,333