1 1 Civils & Utility Supplies Limited 07249308 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is wholesale of industrial plant Digita Accounts Production Advanced 6.30.9574.0 true 07249308 2023-05-01 2024-04-30 07249308 2024-04-30 07249308 bus:OrdinaryShareClass1 2024-04-30 07249308 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-04-30 07249308 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-04-30 07249308 core:CurrentFinancialInstruments 2024-04-30 07249308 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 07249308 core:Non-currentFinancialInstruments 2024-04-30 07249308 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 07249308 core:FurnitureFittingsToolsEquipment 2024-04-30 07249308 core:LandBuildings 2024-04-30 07249308 core:MotorVehicles 2024-04-30 07249308 bus:SmallEntities 2023-05-01 2024-04-30 07249308 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07249308 bus:FilletedAccounts 2023-05-01 2024-04-30 07249308 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07249308 bus:RegisteredOffice 2023-05-01 2024-04-30 07249308 bus:Director2 2023-05-01 2024-04-30 07249308 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 07249308 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07249308 bus:Agent1 2023-05-01 2024-04-30 07249308 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 07249308 core:LandBuildings 2023-05-01 2024-04-30 07249308 core:MotorVehicles 2023-05-01 2024-04-30 07249308 core:OfficeEquipment 2023-05-01 2024-04-30 07249308 core:PlantMachinery 2023-05-01 2024-04-30 07249308 countries:England 2023-05-01 2024-04-30 07249308 2023-04-30 07249308 core:FurnitureFittingsToolsEquipment 2023-04-30 07249308 core:LandBuildings 2023-04-30 07249308 core:MotorVehicles 2023-04-30 07249308 2022-05-01 2023-04-30 07249308 2023-04-30 07249308 bus:OrdinaryShareClass1 2023-04-30 07249308 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-04-30 07249308 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-04-30 07249308 core:CurrentFinancialInstruments 2023-04-30 07249308 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 07249308 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2023-04-30 07249308 core:Non-currentFinancialInstruments 2023-04-30 07249308 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 07249308 core:Non-currentFinancialInstruments core:AfterOneYear core:PreviouslyStatedAmount 2023-04-30 07249308 core:FurnitureFittingsToolsEquipment 2023-04-30 07249308 core:LandBuildings 2023-04-30 07249308 core:MotorVehicles 2023-04-30 07249308 core:PreviouslyStatedAmount 2023-04-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 07249308

Civils & Utility Supplies Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Civils & Utility Supplies Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 9

 

Civils & Utility Supplies Limited

Company Information

Director

Mr Eamonn Quinn

Registered office

Silver Rose Unit 21 East Lodge Village
East Lodge Lane
Enfield
EN2 8AS

Accountants

Paul Winston Limited
Chartered AccountantsSilver Rose Unit 21
East Lodge Village
East Lodge Lane
Enfield
EN2 8AS

 

Civils & Utility Supplies Limited

(Registration number: 07249308)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

fixed assets

 

tangible assets

4

144,703

154,030

Current assets

 

Debtors

5

50,149

43,580

Cash at bank and in hand

 

232

24,800

 

50,381

68,380

Creditors: Amounts falling due within one year

6

(107,078)

(111,031)

Net current liabilities

 

(56,697)

(42,651)

Total assets less current liabilities

 

88,006

111,379

Creditors: Amounts falling due after more than one year

6

(39,510)

(55,911)

Net assets

 

48,496

55,468

capital and reserves

 

Called up share capital

7

90

90

Profit and loss account

48,406

55,378

Shareholders' funds

 

48,496

55,468

For the financial year ending 30 April 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 and 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 2 May 2025
 

.........................................
Mr Eamonn Quinn
Director

 

Civils & Utility Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

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

The address of its registered office is:
Silver Rose Unit 21 East Lodge Village
East Lodge Lane
Enfield
EN2 8AS
England

These financial statements were authorised for issue by the director on 2 May 2025.

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% net book value

Office equipment

25% net book value

 

Civils & Utility Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Motor vehicles

25% net book value

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.

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

 

Civils & Utility Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

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

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 May 2023

120,000

6,173

56,100

182,273

At 30 April 2024

120,000

6,173

56,100

182,273

Depreciation

At 1 May 2023

-

5,698

22,545

28,243

Charge for the year

-

120

9,207

9,327

At 30 April 2024

-

5,818

31,752

37,570

Carrying amount

At 30 April 2024

120,000

355

24,348

144,703

At 30 April 2023

120,000

475

33,555

154,030

Included within the net book value of land and buildings above is £120,000 (2023 - £120,000) in respect of freehold land and buildings.
 

5

Debtors

 

Civils & Utility Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Current

2024
£

2023
£

Trade debtors

49,803

43,580

Other debtors

346

-

 

50,149

43,580

 

Civils & Utility Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Bank loans and overdrafts

8

76,323

25,269

trade creditors

 

14,606

67,022

Taxation and social security

 

6,111

8,702

Other creditors

 

10,038

10,038

 

107,078

111,031

Due after one year

 

Loans and borrowings

8

39,510

55,911

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

39,510

55,911

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

90

90

90

90

       

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

24,949

30,674

Hire purchase contracts

14,561

25,237

39,510

55,911

Current loans and borrowings

 

Civils & Utility Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

2024
£

2023
£

Hire purchase contracts

1,734

1,734

Other borrowings

74,589

23,535

76,323

25,269

9

Related party transactions

 

Civils & Utility Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

42

-