Company Registration No. 13083384 (England and Wales)
Civinity Engineering UK Ltd
Unaudited accounts
for the year ended 31 December 2023
Civinity Engineering UK Ltd
Unaudited accounts
Contents
Civinity Engineering UK Ltd
Company Information
for the year ended 31 December 2023
Company Number
13083384 (England and Wales)
Registered Office
127a High Street
Hornchurch
RM11 1TX
England
Accountants
UJS London Ltd
127A High Street
Hornchurch
RM11 1TX
Civinity Engineering UK Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
2,501
3,312
Cash at bank and in hand
19,961
293,420
Creditors: amounts falling due within one year
(1,006,511)
(1,824,762)
Net current assets
131,851
104,274
Net assets
134,352
107,586
Called up share capital
100
100
Profit and loss account
134,252
107,486
Shareholders' funds
134,352
107,586
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 August 2024 and were signed on its behalf by
Virgeda Jackaite
Director
Company Registration No. 13083384
Civinity Engineering UK Ltd
Notes to the Accounts
for the year ended 31 December 2023
Civinity Engineering UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 13083384. The registered office is 127a High Street, Hornchurch, RM11 1TX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
673,095
731,927
Accrued income and prepayments
75,501
66,895
Other debtors
221,719
836,794
Civinity Engineering UK Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
54,106
292,840
Amounts owed to group undertakings and other participating interests
797,608
1,230,573
Taxes and social security
12,730
30,366
Other creditors
12,324
26,307
7
Transactions with related parties
During the year, the company entered into the following transactions with related parties:
The company made purchases of £311,924 from Civinity Engineering UAB, a fellow group subsidiary. As at the year end, the company owed £682,815 to Civinity Engineering UAB.
The company had loans totalling £114,794 from Civinity Engineering UAB. Interest has been charged at a rate of EUROBOR 6 months plus the margin of 5%.
The immediate parent company is Civinity Engineering UAB and its registered office is Ukmerges g. 223, LT-07156, Vilnius, Lithuania.
9
Average number of employees
During the year the average number of employees was 12 (2022: 21).