TS Civil Engineering Limited - Accounts to registrar (filleted) - small 18.2

TS Civil Engineering Limited - Accounts to registrar (filleted) - small 18.2

TS CIVIL ENGINEERING LIMITED - Company Information

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REGISTERED NUMBER: 09709375 (England and Wales)















Audited Financial Statements for the Year Ended 31 March 2021

for

TS Civil Engineering Limited
TS Civil Engineering Limited (Registered number: 09709375)






Contents of the Financial Statements
for the Year Ended 31 March 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


TS Civil Engineering Limited

Company Information
for the Year Ended 31 March 2021







DIRECTORS: G Sinden
S T McMahon
S J Wood





REGISTERED OFFICE: 137-145 Church Road
Harold Wood
Romford
Essex
RM3 0SH





REGISTERED NUMBER: 09709375 (England and Wales)





AUDITORS: Fisher Michael Chartered Accountants
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT
Page 1
TS Civil Engineering Limited (Registered number: 09709375)

Statement of Financial Position
31 March 2021

2021 2020
Notes £    £   
CURRENT ASSETS
Debtors 4 658,502 875,402
Cash at bank 1,192 1,009
659,694 876,411
CREDITORS
Amounts falling due within one year 5 49,721 292,866
NET CURRENT ASSETS 609,973 583,545
TOTAL ASSETS LESS CURRENT
LIABILITIES
609,973
583,545

CREDITORS
Amounts falling due after more than one
year
6
250,000
250,000
NET ASSETS 359,973 333,545

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 358,973 332,545
SHAREHOLDERS' FUNDS 359,973 333,545

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2021 and were signed on its behalf by:





G Sinden - Director


The notes form part of these financial statements

Page 2
TS Civil Engineering Limited (Registered number: 09709375)

Notes to the Financial Statements
for the Year Ended 31 March 2021

1. STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).


The company is part of a group.

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.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

Turnover
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.

Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and impairment losses.

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

Plant and machinery etc - 25% and 15% on reducing balance

At each reporting date, fixed assets are reviewed to determine whether there is any indication those assets have suffered an impairment loss. If there is any indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans to and from related parties.

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 statement of financial position date.


Page 3 continued...
TS Civil Engineering Limited (Registered number: 09709375)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2021

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors
Short term debtors are measured at the transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Other financial liabilities are measured initially and subsequently at transaction price, which is not materially different to amortised cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 4 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 36,464 89,782
Amounts owed by group undertakings 568,738 785,010
Other debtors 53,300 610
658,502 875,402

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Hire purchase contracts - 4,206
Trade creditors 39,112 75,416
Taxation and social security 4,809 206,828
Other creditors 5,800 6,416
49,721 292,866

Page 4 continued...
TS Civil Engineering Limited (Registered number: 09709375)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2021

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Amounts owed to group undertakings 250,000 250,000

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Nigel Shaw (Senior Statutory Auditor)
for and on behalf of Fisher Michael Chartered Accountants

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

The company's parent company is Thomas Sinden Limited, whose registered office is 137 - 145 Church Road, Harold Wood, Romford, Essex, RM3 0SH. The company has no ultimate controlling party.

Page 5