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REGISTERED NUMBER: 04694381 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

LANE CIVIL ENGINEERING LTD

LANE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 04694381)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LANE CIVIL ENGINEERING LTD

COMPANY INFORMATION
For The Year Ended 31 March 2024







DIRECTORS: A. Lane
JR Lane





SECRETARY: JR Lane





REGISTERED OFFICE: 23 Leysdown Road
Mottingham
London
SE9 3LY





REGISTERED NUMBER: 04694381 (England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP

LANE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 04694381)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 83,511 109,350
83,511 109,350

CURRENT ASSETS
Debtors 6 400,569 475,544
Cash at bank and in hand 1,232 11,731
401,801 487,275
CREDITORS
Amounts falling due within one year 7 (98,099 ) (62,568 )
NET CURRENT ASSETS 303,702 424,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

387,213

534,057

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 387,113 533,957
SHAREHOLDERS' FUNDS 387,213 534,057

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

LANE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 04694381)

BALANCE SHEET - continued
31 March 2024


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 15 July 2024 and were signed on its behalf by:





A. Lane - Director


LANE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 04694381)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

Lane 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 15,000
AMORTISATION
At 1 April 2023
and 31 March 2024 15,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

LANE CIVIL ENGINEERING LTD (REGISTERED NUMBER: 04694381)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 170,190 139,655 12,690 322,535
Additions - - 1,998 1,998
At 31 March 2024 170,190 139,655 14,688 324,533
DEPRECIATION
At 1 April 2023 116,290 87,099 9,796 213,185
Charge for year 13,475 13,139 1,223 27,837
At 31 March 2024 129,765 100,238 11,019 241,022
NET BOOK VALUE
At 31 March 2024 40,425 39,417 3,669 83,511
At 31 March 2023 53,900 52,556 2,894 109,350

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 376,785 459,933
Other debtors 4,940 -
VAT 4,135 7,592
Prepayments 14,709 8,019
400,569 475,544

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 44,492 62,188
Trade creditors 35,247 35,553
Tax - (58,281 )
Social security and other taxes 14,865 13,422
Directors' current accounts - 2,191
Accrued expenses 3,495 7,495
98,099 62,568