| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 August 2023 to 30 June 2024 |
| for |
| Wintech Civil And Structural Engineering |
| Limited |
| Previously known as |
| Structural Design Consulting Engineers |
| Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 1 August 2023 to 30 June 2024 |
| for |
| Wintech Civil And Structural Engineering |
| Limited |
| Previously known as |
| Structural Design Consulting Engineers |
| Limited |
| Wintech Civil And Structural Engineering |
| Limited (Registered number: 02601187) |
| Contents of the Financial Statements |
| for the Period 1 August 2023 to 30 June 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Wintech Civil And Structural Engineering |
| Limited |
| Company Information |
| for the Period 1 August 2023 to 30 June 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Unit 8, Pendeford Place |
| Pendeford Business Park |
| Wobaston Road |
| Wolverhampton |
| WV9 5HD |
| Wintech Civil And Structural Engineering |
| Limited (Registered number: 02601187) |
| Balance Sheet |
| 30 June 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | 9 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Wintech Civil And Structural Engineering |
| Limited (Registered number: 02601187) |
| Balance Sheet - continued |
| 30 June 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Wintech Civil And Structural Engineering |
| Limited (Registered number: 02601187) |
| Notes to the Financial Statements |
| for the Period 1 August 2023 to 30 June 2024 |
| 1. | STATUTORY INFORMATION |
| Wintech Civil And Structural Engineering Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| All monetary amounts are rounded to the nearest pound. |
| Going concern |
| The financial statements have been prepared on a going concern basis. |
| Judgements and estimates |
| In the application of the company’s accounting policies, the directors are required to make judgements, |
| estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from |
| other sources. The estimates and associated assumptions are based on historical experience and other factors |
| that are considered to be relevant. Actual results may differ from these estimates. |
| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting |
| estimates are recognised in the period in which the estimate is revised where the revision affects only that |
| period, or in the period of the revision and future periods where the revision affects both current and future |
| periods. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and Value Added Tax. |
| Rendering of services |
| Revenue from services provided is derived from the value of services performed during the year. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. |
| 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. |
| At each balance sheet date, the directors review the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any and the asset is impaired accordingly. |
| Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss account. |
| Wintech Civil And Structural Engineering |
| Limited (Registered number: 02601187) |
| Notes to the Financial Statements - continued |
| for the Period 1 August 2023 to 30 June 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Assets held under hire purchase agreements are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. |
| Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability. |
| 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 or loss in the period to which they relate. |
| Disclosure of period change |
| The period covered by these financial statements is a 11 month period to 30 June 2024 compared to a 12 month period to 31 July 2023. For this reason the accounts figures are not entirely comparable to the previous period. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| Wintech Civil And Structural Engineering |
| Limited (Registered number: 02601187) |
| Notes to the Financial Statements - continued |
| for the Period 1 August 2023 to 30 June 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 August 2023 |
| Additions |
| Disposals | ( |
) |
| At 30 June 2024 |
| DEPRECIATION |
| At 1 August 2023 |
| Charge for period |
| Eliminated on disposal | ( |
) |
| At 30 June 2024 |
| NET BOOK VALUE |
| At 30 June 2024 |
| At 31 July 2023 |
| Included within fixed assets are assets held under hire purchase agreements with a net book value of £147,543 (2023 - £147,543), for which depreciation has been charged amounting to £19,760 (2023 - £24,624). |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Hire purchase contracts |
| Wintech Civil And Structural Engineering |
| Limited (Registered number: 02601187) |
| Notes to the Financial Statements - continued |
| for the Period 1 August 2023 to 30 June 2024 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2024 | 2023 |
| £ | £ |
| Hire purchase contracts | 60,658 | 89,074 |
| 9. | PROVISIONS FOR LIABILITIES |
| 2024 | 2023 |
| £ | £ |
| Deferred tax |
| Accelerated capital allowances |
| Deferred |
| tax |
| £ |
| Balance at 1 August 2023 |
| Charge to Income Statement during period |
| Balance at 30 June 2024 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2024 | 2023 |
| value: | £ | £ |
| Ordinary | 1 | 33 | 33 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The ultimate control party was Mr N Grayer until 5 July 2024. |
| On 5 July 2024 Wintech Group Limited acquired 100% of the ordinary share capital of Wintech Civil And Structural Engineering Limited, formally Structural Design Consulting Engineers Limited. Wintech Group Limited became the immediate and ultimate parent company, incorporated in England and Wales and whose registered office is the same as Wintech Civil And Structural Engineering Limited. |