TS Civil Engineering Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 09709375 (England and Wales)

Audited Financial Statements for the Year Ended 31 March 2023

for

TS Civil Engineering Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

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:

Xeinadin Audit Limited

12 Conqueror Court

Sittingbourne

Kent

ME10 5BH

CURRENT ASSETS

Debtors

4

345,589

603,000

Cash at bank

11,154

12,920

356,743

615,920

CREDITORS

Amounts falling due within one year

5

5,800

12,103

NET CURRENT ASSETS

350,943

603,817

TOTAL ASSETS LESS CURRENT LIABILITIES

350,943

603,817

CREDITORS

Amounts falling due after more than one year

6

250,000

250,000

NET ASSETS

100,943

353,817

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

99,943

352,817

SHAREHOLDERS' FUNDS

100,943

353,817

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 21 December 2023 and were signed on its behalf by:

G Sinden - Director

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.

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.

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.

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 3 (2022 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Amounts owed by group undertakings

300,124

549,216

Other debtors

45,465

53,784

345,589

603,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

-

6,303

Other creditors

5,800

5,800

5,800

12,103

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Amounts owed to group undertakings

250,000

250,000

7.	SECURED DEBTS

The company's bank, Metro Bank have a debenture over the company's assets dated 30 June 2017.

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

The Report of the Auditors was unqualified.

Andrea Kaley (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

9.	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.

10.	ULTIMATE CONTROLLING PARTY