Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312023-08-01falseproperty development and management56truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03413515 2023-08-01 2024-07-31 03413515 2022-08-01 2023-07-31 03413515 2024-07-31 03413515 2023-07-31 03413515 c:Director1 2023-08-01 2024-07-31 03413515 d:Buildings d:ShortLeaseholdAssets 2023-08-01 2024-07-31 03413515 d:Buildings d:ShortLeaseholdAssets 2024-07-31 03413515 d:Buildings d:ShortLeaseholdAssets 2023-07-31 03413515 d:PlantMachinery 2023-08-01 2024-07-31 03413515 d:PlantMachinery 2024-07-31 03413515 d:PlantMachinery 2023-07-31 03413515 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03413515 d:MotorVehicles 2023-08-01 2024-07-31 03413515 d:MotorVehicles 2024-07-31 03413515 d:MotorVehicles 2023-07-31 03413515 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03413515 d:FurnitureFittings 2023-08-01 2024-07-31 03413515 d:FurnitureFittings 2024-07-31 03413515 d:FurnitureFittings 2023-07-31 03413515 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03413515 d:OfficeEquipment 2023-08-01 2024-07-31 03413515 d:OfficeEquipment 2024-07-31 03413515 d:OfficeEquipment 2023-07-31 03413515 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03413515 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03413515 d:CurrentFinancialInstruments 2024-07-31 03413515 d:CurrentFinancialInstruments 2023-07-31 03413515 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 03413515 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 03413515 d:ShareCapital 2024-07-31 03413515 d:ShareCapital 2023-07-31 03413515 d:RetainedEarningsAccumulatedLosses 2024-07-31 03413515 d:RetainedEarningsAccumulatedLosses 2023-07-31 03413515 c:FRS102 2023-08-01 2024-07-31 03413515 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 03413515 c:FullAccounts 2023-08-01 2024-07-31 03413515 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03413515 d:WithinOneYear 2024-07-31 03413515 d:WithinOneYear 2023-07-31 03413515 d:BetweenOneFiveYears 2024-07-31 03413515 d:BetweenOneFiveYears 2023-07-31 03413515 d:MoreThanFiveYears 2024-07-31 03413515 d:MoreThanFiveYears 2023-07-31 03413515 2 2023-08-01 2024-07-31 03413515 6 2023-08-01 2024-07-31 03413515 d:AcceleratedTaxDepreciationDeferredTax 2024-07-31 03413515 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 03413515 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 03413515










CIVILS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
CIVILS LIMITED
REGISTERED NUMBER: 03413515

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
47,133
61,810

Investments
 6 
680,000
-

  
727,133
61,810

Current assets
  

Stocks
  
74,886
603,793

Debtors: amounts falling due within one year
 7 
1,426,807
1,528,761

Cash at bank and in hand
  
126,245
462,640

  
1,627,938
2,595,194

Creditors: amounts falling due within one year
 8 
(1,046,751)
(914,986)

Net current assets
  
 
 
581,187
 
 
1,680,208

Total assets less current liabilities
  
1,308,320
1,742,018

Provisions for liabilities
  

Deferred tax
 9 
(5,419)
(7,542)

  
 
 
(5,419)
 
 
(7,542)

Net assets
  
1,302,901
1,734,476


Capital and reserves
  

Called up share capital 
  
1,110
1,110

Profit and loss account
  
1,301,791
1,733,366

  
1,302,901
1,734,476


Page 1

 
CIVILS LIMITED
REGISTERED NUMBER: 03413515
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 income and retained earnings 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 by: 




D Thackeray
Director

Date: 26 April 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Civils Limited is a private company limited by shares incorporated in England and Wales in the United Kingdom. The address of the registered office is Unit 15a Main Farm Office, Brogdale Farm, Faversham, Kent, England, ME13 8XZ.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have assessed that there are no significant doubts in the Company's ability to continue as a going concern. As a result, the financial statements have been prepared on going concern basis. 

 
2.3

Revenue

Revenue represents amounts receivable for rent and associated fees net of VAT. 

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Interest income

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

 
2.6

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.

Page 3

 
CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

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

The estimated useful lives range as follows:

S/Term Leasehold Property
-
10 years
Plant and machinery
-
10 years
Motor vehicles
-
25% reducing balance basis
Fixtures and fittings
-
5 years
Office equipment
-
3 years

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.

Page 4

 
CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.10

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.11

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.

 
2.12

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.

 
2.13

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.

 
2.14

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.

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.16

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.17

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.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

No significant judgements have been made by management in preparing these financial statements.

Page 6

 
CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 6).


5.


Tangible fixed assets





S/Term Leasehold Property
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 August 2023
3,613
58,228
51,000
350
5,386
118,577



At 31 July 2024

3,613
58,228
51,000
350
5,386
118,577



Depreciation


At 1 August 2023
1,083
29,115
22,313
122
4,134
56,767


Charge for the year on owned assets
361
5,823
7,171
70
1,252
14,677



At 31 July 2024

1,444
34,938
29,484
192
5,386
71,444



Net book value



At 31 July 2024
2,169
23,290
21,516
158
-
47,133



At 31 July 2023
2,530
29,113
28,687
228
1,252
61,810

Page 7

 
CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Fixed asset investments





Investments in associates

£



Cost or valuation


Additions
823,290



At 31 July 2024

823,290



Impairment


Charge for the period
143,290



At 31 July 2024

143,290



Net book value



At 31 July 2024
680,000



At 31 July 2023
-

Page 8

 
CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

7.


Debtors

2024
2023
£
£


Trade debtors
26,050
77,727

Amounts owed by group undertakings
337,225
476,514

Amounts owed by joint ventures and associated undertakings
-
465,839

Other debtors
907,519
361,157

Prepayments and accrued income
156,013
147,524

1,426,807
1,528,761



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
8,885
8,341

Amounts owed to other participating interests
578,932
431,060

Other taxation and social security
1,522
41,027

Other creditors
399,566
407,540

Accruals and deferred income
57,846
27,018

1,046,751
914,986



9.


Deferred taxation




2024


£






At beginning of year
(7,542)


Charged to profit or loss
2,123



At end of year
(5,419)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(5,419)
(7,542)

(5,419)
(7,542)

Page 9

 
CIVILS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 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 £1,512 (2023 - £Nil).


11.


Commitments under operating leases

At 31 July 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
36,000
36,000

Later than 1 year and not later than 5 years
144,000
144,000

Later than 5 years
36,000
72,000

216,000
252,000

 
Page 10