G B CIVIL ENGINEERING (LEICESTER) LIMITED


Directors	HEGGS, Brady Neil
	HEGGS, Neil David


Registered Address	Office 9 The Coach House
	Desford Hall
	Leicester
	LE9 9JJ


Registered Number	06594940 (England and Wales)

Statement of Financial Position
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		87,141		90,641
Tangible assets	4		31,141		39,526
			118,282		130,167
Current assets
Debtors		227,729		227,604
Current asset investments	5	-		12,500
Cash at bank and on hand		271,355		179,147
		499,084		419,251
Creditors amounts falling due within one year	6	(555,337)		(445,475)
Net current assets (liabilities)			(56,253)		(26,224)
Total assets less current liabilities			62,029		103,943
Creditors amounts falling due after one year	7		(18,944)		(27,179)
Provisions for liabilities	9		(8,680)		(8,164)
Net assets			34,405		68,600
Capital and reserves
Called up share capital			200		200
Profit and loss account			34,205		68,400
Shareholders' funds			34,405		68,600

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 24 September 2025, and are signed on its behalf by:

HEGGS, Neil David
Director
Registered Company No. 06594940

G B CIVIL ENGINEERING (LEICESTER) LIMITED

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets consists of race horses which are not amortised over their useful life.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	6		6

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 June 24	90,641	90,641
Disposals	(3,500)	(3,500)
At 31 May 25	87,141	87,141
Net book value
At 31 May 25	87,141	87,141
At 31 May 24	90,641	90,641

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 June 24	14,703	204,864	761	6,342	226,670
Additions	379	3,500	-	1,666	5,545
Disposals	-	(76,819)	-	-	(76,819)
At 31 May 25	15,082	131,545	761	8,008	155,396
Depreciation and impairment
At 01 June 24	13,958	167,243	614	5,329	187,144
Charge for year	592	10,559	36	1,055	12,242
On disposals	-	(75,131)	-	-	(75,131)
At 31 May 25	14,550	102,671	650	6,384	124,255
Net book value
At 31 May 25	532	28,874	111	1,624	31,141
At 31 May 24	745	37,621	147	1,013	39,526

5.	Current asset investments

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	167,837	150,099
Bank borrowings and overdrafts	685	-
Taxation and social security	86,652	59,126
Accrued liabilities and deferred income	300,163	236,250
Total	555,337	445,475


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	18,944	26,928
Other creditors	-	251
Total	18,944	27,179

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	-		251

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	8,680	8,164
Total	8,680	8,164