Civform Contractors Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—6

1. General Information

Civform Contractors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16193826 . The registered office is Briary Barn, Stoke Road, Blisworth, NN7 3DB.

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. Turnover

Turnover is measured at the fair value of the consideration received and services rendered, net of discounts and Value Added Tax.

Revenue from the provision of services is recognised when the significant risks and rewards have transferred to the buyer (usually on completion of the contract or agreed increments); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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	25% straight line
Motor Vehicles	25% reducing balance
Fixtures & Fittings	33% straight line
Computer Equipment	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

2.4. Financial Instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

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Civform Contractors Ltd

Notes to the Financial Statements (continued)

For the Period 20 January 2025 to 31 March 2026

2.5. 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.

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 period, 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.

2.6. Pensions

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

2.7. Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

2.8. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 4

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Civform Contractors Ltd

Notes to the Financial Statements (continued)

For the Period 20 January 2025 to 31 March 2026

4. Tax on Profit

	Tax Rate	31 March 2026
	31 March 2026	£
Current tax
UK Corporation Tax	25.0%	42,726
Deferred Tax
Deferred taxation		41,869


Total tax charge for the period		84,595

		31 March 2026
		£
Profit before tax		294,219

Breakdown of tax charge is:
Tax on profit at 24.7% (UK standard rate)		73,555
Goodwill/depreciation not allowed for tax		125
Expenses not deductible for tax purposes		556
Capital allowances		(31,510 )
Short term timing differences		41,869

Total tax charge for the period		84,595

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 20 January 2025	-	-	-	-	-
Additions	1,830	122,578	833	798	126,039

As at 31 March 2026	1,830	122,578	833	798	126,039

Depreciation
As at 20 January 2025	-	-	-	-	-
Provided during the period	105	154	23	216	498

As at 31 March 2026	105	154	23	216	498

Net Book Value
As at 31 March 2026	1,725	122,424	810	582	125,541

As at 20 January 2025	-	-	-	-	-

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Civform Contractors Ltd

Notes to the Financial Statements (continued)

For the Period 20 January 2025 to 31 March 2026

6. Debtors

	31 March 2026
	£
Due within one year
Trade debtors	181,285
Other debtors	53,875

	235,160

7. Creditors: Amounts Falling Due Within One Year

	31 March 2026
	£
Trade creditors	183,034
Other creditors	90,274
Taxation and social security	56,806

	330,114

8. Share Capital

	31 March 2026
	£
Allotted, Called up and fully paid	3

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 March 2026
	£
Not later than one year	14,272
Later than one year and not later than five years	9,709

	23,981

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		31 March 2026
	Notes	£	£
FIXED ASSETS
Tangible Assets	5		125,541

			125,541
CURRENT ASSETS
Debtors	6	235,160
Cash at bank and in hand		107,809

		342,969
Creditors: Amounts Falling Due Within One Year	7	(330,114 )

NET CURRENT ASSETS (LIABILITIES)			12,855

TOTAL ASSETS LESS CURRENT LIABILITIES			138,396

PROVISIONS FOR LIABILITIES
Deferred Taxation			(41,869 )

NET ASSETS			96,527

CAPITAL AND RESERVES
Called up share capital	8		3
Income Statement			96,524

SHAREHOLDERS' FUNDS			96,527