Ainsworth Civils & Engineering Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Ainsworth Civils & Engineering Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05214712 . The registered office is South Belringham South Lane, Sutton Valence, Maidstone, Kent, ME17 3BD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	33% on cost

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Ainsworth Civils & Engineering Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 7)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	1,569,936	304,957	244,797	143,360	2,263,050
Additions	109,481	147,240	145,993	24,269	426,983

As at 31 March 2025	1,679,417	452,197	390,790	167,629	2,690,033

Depreciation
As at 1 April 2024	696,628	240,415	121,503	128,706	1,187,252
Provided during the period	136,787	16,136	30,824	7,444	191,191

As at 31 March 2025	833,415	256,551	152,327	136,150	1,378,443

Net Book Value
As at 31 March 2025	846,002	195,646	238,463	31,479	1,311,590

As at 1 April 2024	873,308	64,542	123,294	14,654	1,075,798

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	73,713	66,342
Amounts recoverable on contracts	54,835	1,061,521
Amounts owed by group undertakings	358,482	-
Amounts owed by participating interests	435,804	596,268
Other debtors	14,158	144,250

	936,992	1,868,381

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Ainsworth Civils & Engineering Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	55,978	13,739
Trade creditors	306,622	669,422
Bank loans and overdrafts	384,747	330,112
Other creditors	18,121	15,680
Taxation and social security	6,806	65,950

	772,274	1,094,903

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	90,216	11,070
Bank loans	431,040	161,581

	521,256	172,651

8. Secured Creditors

Of the creditors the following amounts are secured.

There is a fixed and floating charge over all the property and undertakings of the company.

	2025		2024
	£		£
Bank loans and overdrafts	815,787		491,693

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	58,131	15,246
Later than one year and not later than five years	93,792	11,435

	151,923	26,681
Less: Finance charges allocated to future periods	5,729	1,872

	146,194	24,809

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Ainsworth Civils & Engineering Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Julius Ainsworth	142,902	-	146,989	-	(4,087 )

A directors loan account exists to which there are no terms attached and is repayable on demand. At the start of the year, the directors owed £142,902 to the company that was repaid. At the end of the year, the directors were owed £4,087 by the company.

12. Related Party Transactions

The company is a subsidiary of Ainsworth Holdings Limited, of which Mr and Mrs Ainsworth are directors and shareholders. Included within debtors is an amount owed by the holding company of £358,482. Mr and Mrs Ainsworth are also directors of Pearsons Landscapes Limited, Outdoorsy Living Limited and Ainsworth Building Holding Company Limited and included within debtors is amounts owing from each company of £12,242, £423,528 and £34 respectively. The amounts are interest free and repayable on demand.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,311,590		1,075,798

			1,311,590		1,075,798
CURRENT ASSETS
Debtors	5	936,992		1,868,381
Cash at bank and in hand		840,138		37,465

		1,777,130		1,905,846
Creditors: Amounts Falling Due Within One Year	6	(772,274 )		(1,094,903 )

NET CURRENT ASSETS (LIABILITIES)			1,004,856		810,943

TOTAL ASSETS LESS CURRENT LIABILITIES			2,316,446		1,886,741

Creditors: Amounts Falling Due After More Than One Year	7		(521,256 )		(172,651 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(297,299 )		(238,350 )

NET ASSETS			1,497,891		1,475,740

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			1,497,791		1,475,640

SHAREHOLDERS' FUNDS			1,497,891		1,475,740

J Ainsworth Director	S Ainsworth Director
09/12/2025