Company Registration No. 13313475 (England and Wales)
Conceptncreate Ltd
Unaudited accounts
for the year ended 30 April 2023
Conceptncreate Ltd
Unaudited accounts
Contents
Conceptncreate Ltd
Company Information
for the year ended 30 April 2023
Directors
Mitchell Gracey
Phillip Holmes
Company Number
13313475 (England and Wales)
Registered Office
28 ALBERT STREET
STOKE-ON-TRENT
ST3 5ED
ENGLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Conceptncreate Ltd
Statement of financial position
as at 30 April 2023
Tangible assets
2,647
3,397
Cash at bank and in hand
290
79
Creditors: amounts falling due within one year
(7,579)
(6,227)
Net current liabilities
(6,289)
(5,645)
Net liabilities
(3,642)
(2,248)
Called up share capital
4
4
Profit and loss account
(3,646)
(2,252)
Shareholders' funds
(3,642)
(2,248)
For the year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by
Mitchell Gracey
Director
Company Registration No. 13313475
Conceptncreate Ltd
Notes to the Accounts
for the year ended 30 April 2023
Conceptncreate Ltd is a private company, limited by shares, registered in England and Wales, registration number 13313475. The registered office is 28 ALBERT STREET, STOKE-ON-TRENT, ST3 5ED, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Computer equipment
33.33% straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2022
3,955
350
4,305
At 30 April 2023
3,955
350
4,305
Charge for the year
633
117
750
At 30 April 2023
1,424
234
1,658
At 30 April 2023
2,531
116
2,647
At 30 April 2022
3,164
233
3,397
Conceptncreate Ltd
Notes to the Accounts
for the year ended 30 April 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
7,316
5,964
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).