Company Registration No. 10261150 (England and Wales)
Stephen Thompson Civil Engineering Ltd
Unaudited accounts
for the year ended 31 March 2025
Stephen Thompson Civil Engineering Ltd
Unaudited accounts
Contents
Stephen Thompson Civil Engineering Ltd
Company Information
for the year ended 31 March 2025
Company Number
10261150 (England and Wales)
Registered Office
43 CYPRESS PARK
ESH WINNING
DURHAM
DH7 9JD
Stephen Thompson Civil Engineering Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
167,403
118,674
Cash at bank and in hand
926
13,657
Creditors: amounts falling due within one year
(95,261)
(51,607)
Net current (liabilities)/assets
(8,955)
16,426
Total assets less current liabilities
158,448
135,100
Creditors: amounts falling due after more than one year
(87,411)
(65,305)
Called up share capital
100
100
Profit and loss account
70,937
69,695
Shareholders' funds
71,037
69,795
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 June 2025 and were signed on its behalf by
Stephen Thompson
Director
Company Registration No. 10261150
Stephen Thompson Civil Engineering Ltd
Notes to the Accounts
for the year ended 31 March 2025
Stephen Thompson Civil Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 10261150. The registered office is 43 CYPRESS PARK, ESH WINNING, DURHAM, DH7 9JD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Expenditure on research and development is written off in the year in which it is incurred.
Stephen Thompson Civil Engineering Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
144,364
28,200
172,564
Additions
102,675
-
102,675
Disposals
(82,000)
-
(82,000)
At 31 March 2025
165,039
28,200
193,239
At 1 April 2024
47,780
6,110
53,890
Charge for the year
29,172
5,640
34,812
On disposals
(62,866)
-
(62,866)
At 31 March 2025
14,086
11,750
25,836
At 31 March 2025
150,953
16,450
167,403
At 31 March 2024
96,584
22,090
118,674
Amounts falling due within one year
Other debtors
73,113
45,215
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,324
4,614
Obligations under finance leases and hire purchase contracts
29,346
34,872
Taxes and social security
59,806
10,820
Loans from directors
59
701
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
84,052
56,198
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Average number of employees
During the year the average number of employees was 5 (2024: 5).