Civil and Structural Engineering - Accounts to registrar (filleted)

REGISTERED NUMBER: SC531924 (Scotland)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Civil and Structural Engineering

Shetland Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E J Adamson

B Halcrow

A J Tait

REGISTERED OFFICE:

Units E & F

4 Market Street

Lerwick

Shetland

ZE1 0JN

REGISTERED NUMBER:

SC531924 (Scotland)

ACCOUNTANTS:

Mackay Johnson Ltd

2 North Ness Business Park

Lerwick

Shetland

ZE1 0LZ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

85,561

68,609

85,561

68,609

CURRENT ASSETS

Stocks

1,880

19,297

Debtors

6

310,239

354,035

Cash at bank and in hand

95,704

26,169

407,823

399,501

CREDITORS

Amounts falling due within one year

7

219,923

244,431

NET CURRENT ASSETS

187,900

155,070

TOTAL ASSETS LESS CURRENT LIABILITIES

273,461

223,679

PROVISIONS FOR LIABILITIES

5,316

-

NET ASSETS

268,145

223,679

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

268,045

223,579

268,145

223,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

E J Adamson - Director

A J Tait - Director

B Halcrow - Director

1.	STATUTORY INFORMATION

Civil and Structural Engineering Shetland Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

is not depreciated

Improvements to property

-

20% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 year 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

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

45,000

AMORTISATION

At 1 May 2024

and 30 April 2025

45,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

machinery

£

COST

At 1 May 2024

24,853

1,625

3,948

Additions

-

30,696

-

Disposals

-

At 30 April 2025

24,853

32,321

3,948

DEPRECIATION

At 1 May 2024

-

1,435

2,343

Charge for year

-

6,329

321

Eliminated on disposal

-

At 30 April 2025

-

7,764

2,664

NET BOOK VALUE

At 30 April 2025

24,853

24,557

1,284

At 30 April 2024

24,853

190

1,605

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 May 2024

68,069

38,158

136,653

Additions

-

8,147

38,843

Disposals

(3,500

)

-

(3,500

)

At 30 April 2025

64,569

46,305

171,996

DEPRECIATION

At 1 May 2024

30,838

33,428

68,044

Charge for year

8,846

4,550

20,046

Eliminated on disposal

(1,655

)

-

(1,655

)

At 30 April 2025

38,029

37,978

86,435

NET BOOK VALUE

At 30 April 2025

26,540

8,327

85,561

At 30 April 2024

37,231

4,730

68,609

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade debtors

114,136

157,191

Other debtors

196,103

196,844

310,239

354,035

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade creditors

2,527

15,978

Taxation and social security

30,333

39,736

Other creditors

187,063

188,717

219,923

244,431

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of the Financial Reporting Standard 102 "The financial reporting standard applicable in the UK and Ireland", not to disclose related party transactions whereby they have occurred under normal market conditions.