P W Civils Ltd 09040667 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is the provision of site supervisory services in the construction industry. Digita Accounts Production Advanced 6.30.9574.0 true 09040667 2023-06-01 2024-05-31 09040667 2024-05-31 09040667 core:CurrentFinancialInstruments 2024-05-31 09040667 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 09040667 bus:SmallEntities 2023-06-01 2024-05-31 09040667 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09040667 bus:FilletedAccounts 2023-06-01 2024-05-31 09040667 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09040667 bus:RegisteredOffice 2023-06-01 2024-05-31 09040667 bus:Director1 2023-06-01 2024-05-31 09040667 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09040667 countries:EnglandWales 2023-06-01 2024-05-31 09040667 2022-06-01 2023-05-31 09040667 2023-05-31 09040667 core:CurrentFinancialInstruments 2023-05-31 09040667 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 09040667

P W Civils Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2024

 

P W Civils Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

P W Civils Ltd

(Registration number: 09040667)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

16,087

12,280

Cash at bank and in hand

 

30,700

25,562

 

46,787

37,842

Creditors: Amounts falling due within one year

5

(9,528)

(8,624)

Net assets

 

37,259

29,218

Capital and reserves

 

Called up share capital

100

100

Retained earnings

37,159

29,118

Shareholders' funds

 

37,259

29,218

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 11 December 2024
 

.........................................
Mr P J Westlake
Director

 

P W Civils Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7a King Street
Frome
Somerset
BA11 1BH

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

P W Civils Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Debtors

2024
£

2023
£

Trade debtors

-

1,155

Other debtors

16,087

11,125

16,087

12,280

5

Creditors

Amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

7,047

5,561

Accruals and deferred income

1,744

1,648

Other creditors

737

1,415

9,528

8,624