CIVILAR UK LIMITED

Company Registration Number:
SC532713 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

CIVILAR UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

CIVILAR UK LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 139,815 139,815
Total fixed assets: 139,815 139,815
Current assets
Cash at bank and in hand: 95,656 73,555
Total current assets: 95,656 73,555
Creditors: amounts falling due within one year:   (43,132) (36,539)
Net current assets (liabilities): 52,524 37,016
Total assets less current liabilities: 192,339 176,831
Total net assets (liabilities): 192,339 176,831
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 192,338 176,830
Shareholders funds: 192,339 176,831

The notes form part of these financial statements

CIVILAR UK LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 December 2024
and signed on behalf of the board by:

Name: A O Gomez-Lopez Palacios
Status: Director

The notes form part of these financial statements

CIVILAR UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services supplied.

Other accounting policies

Corporation Tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference Hire purchase and leasing commitments Rentals paid under operating leases are charged to profit and 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 and loss in the period to which they relate. Investment properties Investment property which is property held to earn rentals and/or for capital appreciation, is initially recognized at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognized in the profit and loss account.

CIVILAR UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

CIVILAR UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Fixed investments

Investment property comprises of a residential property available for rent. The fair value of the investment property has been arrived at on the basis of an internal valuation undertaken by the Directors at 31st March 2024 and based on the current market values of similar assets in the area of the company Investments. The Directors deem that the fair value of the assets is £139,815 If investment properties were stated on a historical cost basis rather than a fair value basis, the amounts would have been included at £139,815