Medway Civils & Utilities Ltd - Accounts to registrar (filleted) - small 18.2

Medway Civils & Utilities Ltd - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv19.1.0.73707120671Board of Directors1.3.1828.2.1928.2.19falsetruefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure071206712018-02-28071206712019-02-28071206712018-03-012019-02-28071206712017-02-28071206712017-03-012018-02-28071206712018-02-2807120671ns15:EnglandWales2018-03-012019-02-2807120671ns14:PoundSterling2018-03-012019-02-2807120671ns10:Director12018-03-012019-02-2807120671ns10:PrivateLimitedCompanyLtd2018-03-012019-02-2807120671ns10:SmallEntities2018-03-012019-02-2807120671ns10:AuditExempt-NoAccountantsReport2018-03-012019-02-2807120671ns10:SmallCompaniesRegimeForDirectorsReport2018-03-012019-02-2807120671ns10:SmallCompaniesRegimeForAccounts2018-03-012019-02-2807120671ns10:FullAccounts2018-03-012019-02-2807120671ns10:Director22018-03-012019-02-2807120671ns10:Director32018-03-012019-02-2807120671ns10:CompanySecretary12018-03-012019-02-2807120671ns10:RegisteredOffice2018-03-012019-02-2807120671ns5:CurrentFinancialInstruments2019-02-2807120671ns5:CurrentFinancialInstruments2018-02-2807120671ns5:Non-currentFinancialInstruments2019-02-2807120671ns5:Non-currentFinancialInstruments2018-02-2807120671ns5:RetainedEarningsAccumulatedLosses2019-02-2807120671ns5:RetainedEarningsAccumulatedLosses2018-02-2807120671ns5:PlantMachinery2018-03-012019-02-2807120671ns5:PlantMachinery2018-02-2807120671ns5:PlantMachinery2019-02-2807120671ns5:PlantMachinery2018-02-2807120671ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-02-2807120671ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-02-28


REGISTERED NUMBER: 07120671(England and Wales)












Unaudited Financial Statements for the Year Ended 28 February 2019

for

Medway Civils & Utilities Ltd

Medway Civils & Utilities Ltd (Registered number: 07120671)






Contents of the Financial Statements
for the Year Ended 28 February 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Medway Civils & Utilities Ltd

Company Information
for the Year Ended 28 February 2019







DIRECTORS: M Convey
K Moran
P OConnell





SECRETARY:





REGISTERED OFFICE: Whitelodge
70 Chatham Road
Nr Aylesford
Maidstone
Kent
ME20 7EQ





REGISTERED NUMBER: 07120671(England and Wales)





ACCOUNTANTS: Peacock Accountancy
5 Old Port Square
Earls Port
Chester
CH1 4JP

Medway Civils & Utilities Ltd (Registered number: 07120671)

Balance Sheet
28 February 2019

28.2.19 28.2.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 126,524 164,912
Investments 5 42,000 36,500
168,524 201,412

CURRENT ASSETS
Debtors 6 1,652,010 1,347,317
Cash at bank 721,726 717,417
2,373,736 2,064,734
CREDITORS
Amounts falling due within one year 7 1,752,909 1,456,209
NET CURRENT ASSETS 620,827 608,525
TOTAL ASSETS LESS CURRENT
LIABILITIES

789,351

809,937

CREDITORS
Amounts falling due after more than one
year

8

250,000

92,563
NET ASSETS 539,351 717,374

RESERVES
Retained earnings 539,351 717,374
539,351 717,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 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.

Medway Civils & Utilities Ltd (Registered number: 07120671)

Balance Sheet - continued
28 February 2019


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 27 November 2019and were signed on its behalf
by:





M Convey- Director


Medway Civils & Utilities Ltd (Registered number: 07120671)

Notes to the Financial Statements
for the Year Ended 28 February 2019

1. STATUTORY INFORMATION

Medway Civils & Utilities Ltd 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 15% on cost

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 17(2018 - 18) .

Medway Civils & Utilities Ltd (Registered number: 07120671)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2019

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2018
and 28 February 2019 290,998
DEPRECIATION
At 1 March 2018 126,086
Charge for year 38,388
At 28 February 2019 164,474
NET BOOK VALUE
At 28 February 2019 126,524
At 28 February 2018 164,912

5. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 1 March 2018 36,500
Additions 42,000
Disposals (36,500 )
At 28 February 2019 42,000
NET BOOK VALUE
At 28 February 2019 42,000
At 28 February 2018 36,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.19 28.2.18
£    £   
Trade debtors 630,898 433,642
Amounts recoverable on contract 250,000 92,563
Other debtors 771,112 821,112
1,652,010 1,347,317

Medway Civils & Utilities Ltd (Registered number: 07120671)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.19 28.2.18
£    £   
Bank loans and overdrafts 71,990 28,333
Trade creditors 185,077 499,463
Taxation and social security 247,874 361,219
Other creditors 1,247,968 567,194
1,752,909 1,456,209

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.19 28.2.18
£    £   
Other creditors 250,000 92,563