Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-303433As at 1 July 2023, the directors owed the company £52,462. During the year the directors received advances of £194,235 and made repayments totalling £304,767. Interest of £1,058 was charged. As a result, at 31 June 2024 the company owed the directors £57,012. This balance is repayable on demand and included within other creditors in note 6. As at 30 June 2024 the company was owed £131,428 by an associated company, and this amount is shown under debtors in note 5 to the financial statements. No interest has been charged on this loan.The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01falseNo description of principal activity78falsetruefalse 06235669 2023-07-01 2024-06-30 06235669 2022-07-01 2023-06-30 06235669 2024-06-30 06235669 2023-06-30 06235669 c:Director2 2023-07-01 2024-06-30 06235669 d:Buildings d:LongLeaseholdAssets 2023-07-01 2024-06-30 06235669 d:Buildings d:LongLeaseholdAssets 2024-06-30 06235669 d:Buildings d:LongLeaseholdAssets 2023-06-30 06235669 d:PlantMachinery 2023-07-01 2024-06-30 06235669 d:PlantMachinery 2024-06-30 06235669 d:PlantMachinery 2023-06-30 06235669 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06235669 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 06235669 d:MotorVehicles 2023-07-01 2024-06-30 06235669 d:MotorVehicles 2024-06-30 06235669 d:MotorVehicles 2023-06-30 06235669 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06235669 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 06235669 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06235669 d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 06235669 d:CurrentFinancialInstruments 2024-06-30 06235669 d:CurrentFinancialInstruments 2023-06-30 06235669 d:Non-currentFinancialInstruments 2024-06-30 06235669 d:Non-currentFinancialInstruments 2023-06-30 06235669 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 06235669 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06235669 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 06235669 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 06235669 d:ShareCapital 2024-06-30 06235669 d:ShareCapital 2023-06-30 06235669 d:RetainedEarningsAccumulatedLosses 2024-06-30 06235669 d:RetainedEarningsAccumulatedLosses 2023-06-30 06235669 c:OrdinaryShareClass1 2023-07-01 2024-06-30 06235669 c:OrdinaryShareClass1 2024-06-30 06235669 c:FRS102 2023-07-01 2024-06-30 06235669 c:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06235669 c:FullAccounts 2023-07-01 2024-06-30 06235669 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06235669 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-07-01 2024-06-30 06235669 d:HirePurchaseContracts d:WithinOneYear 2024-06-30 06235669 d:HirePurchaseContracts d:WithinOneYear 2023-06-30 06235669 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-06-30 06235669 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-06-30 06235669 2 2023-07-01 2024-06-30 06235669 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-06-30 06235669 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-06-30 06235669 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-06-30 06235669 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-06-30 06235669 d:LeasedAssetsHeldAsLessee 2024-06-30 06235669 d:LeasedAssetsHeldAsLessee 2023-06-30 06235669 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 06235669










PARC CIVILS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
PARC CIVILS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PARC CIVILS LIMITED
FOR THE YEAR ENDED 30 JUNE 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Parc Civils Limited for the year ended 30 June 2024 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Parc Civils Limited, as a body, in accordance with the terms of our engagement letter dated 23 May 2023Our work has been undertaken solely to prepare for your approval the financial statements of Parc Civils Limited and state those matters that we have agreed to state to the Board of directors of Parc Civils Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Parc Civils Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Parc Civils Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Parc Civils Limited. You consider that Parc Civils Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Parc Civils Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
 
15 November 2024
Page 1

 
PARC CIVILS LIMITED
REGISTERED NUMBER: 06235669

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
512,216
589,742

  
512,216
589,742

Current assets
  

Stocks
  
8,560
15,700

Debtors: amounts falling due within one year
 5 
419,464
951,316

Bank and cash balances
  
328,213
3,809

  
756,237
970,825

Creditors: amounts falling due within one year
 6 
(389,096)
(544,720)

Net current assets
  
 
 
367,141
 
 
426,105

Total assets less current liabilities
  
879,357
1,015,847

Creditors: amounts falling due after more than one year
 7 
(41,190)
(122,721)

Provisions for liabilities
  

Deferred tax
  
(121,551)
(144,243)

  
 
 
(121,551)
 
 
(144,243)

Net assets
  
716,616
748,883


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
716,516
748,783

  
716,616
748,883


Page 2

 
PARC CIVILS LIMITED
REGISTERED NUMBER: 06235669
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 November 2024.




P N Murton
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
PARC CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Parc Civils Limited is a private company limited by shares incorporated in England and Wales. The registered office is Sycamore Barn, Stone Lane, Bressingham, Diss, IP22 2BW.
The principal activity of the company is construction projects, and it's activities are undertaken in the UK.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
PARC CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 5

 
PARC CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method or reducing balance basis.

Depreciation is provided on the following basis:

Property improvements
-
20%
straight line
Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 6

 
PARC CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2023 - 8).


4.


Tangible fixed assets





Property improvements
Plant and machinery
Motor vehicles
Total

£
£
£
£



Cost or valuation


At 1 July 2023
5,467
723,824
557,172
1,286,463


Additions
-
96,776
37,190
133,966


Disposals
(5,467)
(25,899)
(70,233)
(101,599)



At 30 June 2024

-
794,701
524,129
1,318,830



Depreciation


At 1 July 2023
2,034
437,259
257,428
696,721


Charge for the year on owned assets
3,433
68,289
53,564
125,286


Charge for the year on financed assets
-
26,918
23,474
50,392


Disposals
(5,467)
(23,306)
(37,012)
(65,785)



At 30 June 2024

-
509,160
297,454
806,614



Net book value



At 30 June 2024
-
285,541
226,675
512,216



At 30 June 2023
3,433
286,565
299,744
589,742

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Plant and machinery
80,753
135,663

Motor vehicles
70,425
100,756

151,178
236,419

Page 7

 
PARC CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
207,156
775,375

Amounts owed by joint ventures and associated undertakings
131,428
-

Other debtors
29,646
145,173

Prepayments and accrued income
51,234
30,768

419,464
951,316



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
168,967
404,563

Corporation tax
63,008
24,362

Other taxation and social security
11,410
19,026

Obligations under finance lease and hire purchase contracts
77,830
90,172

Other creditors
57,750
1,197

Accruals and deferred income
10,131
5,400

389,096
544,720


The following liabilities were secured:

2024
2023
£
£



Obligations under finance lease and hire purchase contracts
77,830
90,172

77,830
90,172

Details of security provided:

Hire purchase and finance lease obligations are secured on the assets financed. 

Page 8

 
PARC CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
41,190
122,721

41,190
122,721


The following liabilities were secured:

2024
2023
£
£



Net obligations under finance leases and hire purchase contracts
41,190
122,721

41,190
122,721

Details of security provided:

Hire purchase and finance lease obligations are secured on the assets financed. 


8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
77,830
90,172

Between 1-5 years
41,190
122,721

119,020
212,893


9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares shares of £1.00 each
100
100


Page 9

 
PARC CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £14,082 (2023 - £16,766) . Contributions totalling £737 (2023 - £1,198) were payable to the fund at the balance sheet date and are included in creditors.


11.


Transactions with directors

As at 1 July 2023, the directors owed the company £52,462. During the year the directors received advances of £194,235 and made repayments totalling £304,767. Interest of £1,058 was charged. As a result, at 31 June 2024 the company owed the directors £57,012. This balance is repayable on demand and included within other creditors in note 6.


12.


Related party transactions

As at 30 June 2024 the company was owed £131,428 by an associated company, and this amount is shown under debtors in note 5 to the financial statements. No interest has been charged on this loan.

 
Page 10