REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 December 2023 to 31 March 2024 |
for |
Arthur Civil Engineering Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 December 2023 to 31 March 2024 |
for |
Arthur Civil Engineering Limited |
Arthur Civil Engineering Limited (Registered number: 10937490) |
Contents of the Financial Statements |
for the Period 1 December 2023 to 31 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Arthur Civil Engineering Limited |
Company Information |
for the Period 1 December 2023 to 31 March 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Park House |
37 Clarence Street |
Leicester |
Leicestershire |
LE1 3RW |
Arthur Civil Engineering Limited (Registered number: 10937490) |
Balance Sheet |
31 March 2024 |
31.3.24 | 30.11.23 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
Arthur Civil Engineering Limited (Registered number: 10937490) |
Balance Sheet - continued |
31 March 2024 |
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 Board of Directors and authorised for issue on |
Arthur Civil Engineering Limited (Registered number: 10937490) |
Notes to the Financial Statements |
for the Period 1 December 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Arthur Civil Engineering Limited is a |
The accounting period has been shortened from 30 November 2024 to 31 March 2024 for commercial reasons. The comparatives are for a eight month period and are not entirely comparable to the current four month period. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Government grants |
Capital grants are recognised under the performance model. They are credited to the profit and loss account when any performance-related conditions have been met and the grant proceeds are receivable. |
Taxation |
Taxation for the period 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 period 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. |
Arthur Civil Engineering Limited (Registered number: 10937490) |
Notes to the Financial Statements - continued |
for the Period 1 December 2023 to 31 March 2024 |
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 |
. |
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 period was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Motor | Computer |
machinery | fittings | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 December 2023 |
Additions |
At 31 March 2024 |
DEPRECIATION |
At 1 December 2023 |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 30 November 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 30.11.23 |
£ | £ |
Trade debtors |
Other debtors |
Other debtors includes prepayments and accrued income of £588,548 (30/11/2023: £580,396). |
Arthur Civil Engineering Limited (Registered number: 10937490) |
Notes to the Financial Statements - continued |
for the Period 1 December 2023 to 31 March 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 30.11.23 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
Other creditors includes accruals and deferred income of £72,048 (30/11/2023: £68,096). |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.24 | 30.11.23 |
£ | £ |
Bank loans |
Hire purchase contracts |
Other creditors |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.3.24 | 30.11.23 |
£ | £ |
Hire purchase contracts | 371,057 | 245,172 |
Bank loan | 600,463 | 654,167 |
Other loans | 172,108 | 194,548 |
The bank loan is secured over the assets of the company. |
The hire purchase loan is secured over the fixed asset that it is related to. |
The other loan is secured over the fixed and floating charge over all assets of the company. |
9. | OTHER FINANCIAL COMMITMENTS |
The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £1,018 (31/11/2023 - £1,018). |
Arthur Civil Engineering Limited (Registered number: 10937490) |
Notes to the Financial Statements - continued |
for the Period 1 December 2023 to 31 March 2024 |
10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the periods ended 31 March 2024 and 30 November 2023: |
31.3.24 | 30.11.23 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
The loan was interest free and repayable on demand. |