Silverfin false 31/03/2023 01/04/2022 31/03/2023 M Macklin 02/12/2020 07 November 2023 The principal activity of the company continued to be that of manufacturing concrete products for construction purposes. 13056563 2023-03-31 13056563 bus:Director1 2023-03-31 13056563 2022-03-31 13056563 core:CurrentFinancialInstruments 2023-03-31 13056563 core:CurrentFinancialInstruments 2022-03-31 13056563 core:ShareCapital 2023-03-31 13056563 core:ShareCapital 2022-03-31 13056563 core:RetainedEarningsAccumulatedLosses 2023-03-31 13056563 core:RetainedEarningsAccumulatedLosses 2022-03-31 13056563 core:PlantMachinery 2022-03-31 13056563 core:PlantMachinery 2023-03-31 13056563 bus:OrdinaryShareClass1 2023-03-31 13056563 2022-04-01 2023-03-31 13056563 bus:FullAccounts 2022-04-01 2023-03-31 13056563 bus:SmallEntities 2022-04-01 2023-03-31 13056563 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 13056563 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13056563 bus:Director1 2022-04-01 2023-03-31 13056563 core:PlantMachinery core:TopRangeValue 2022-04-01 2023-03-31 13056563 2020-12-02 2022-03-31 13056563 core:PlantMachinery 2022-04-01 2023-03-31 13056563 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 13056563 bus:OrdinaryShareClass1 2020-12-02 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13056563 (England and Wales)

BRISTOL CONCRETE STUDIO LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

BRISTOL CONCRETE STUDIO LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

BRISTOL CONCRETE STUDIO LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2023
BRISTOL CONCRETE STUDIO LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2023
DIRECTOR M Macklin
REGISTERED OFFICE 19 Summer Hill
Bristol
BS4 3BE
United Kingdom
COMPANY NUMBER 13056563 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
264 Banbury Road
Oxford
OX2 7DY
BRISTOL CONCRETE STUDIO LIMITED

BALANCE SHEET

As at 31 March 2023
BRISTOL CONCRETE STUDIO LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
Note 31.03.2023 31.03.2022
£ £
Fixed assets
Tangible assets 3 1,376 1,835
1,376 1,835
Current assets
Debtors 4 330 15,354
Cash at bank and in hand 9,906 2,760
10,236 18,114
Creditors: amounts falling due within one year 5 ( 8,265) ( 9,975)
Net current assets 1,971 8,139
Total assets less current liabilities 3,347 9,974
Net assets 3,347 9,974
Capital and reserves
Called-up share capital 6 1 1
Profit and loss account 3,346 9,973
Total shareholder's funds 3,347 9,974

For the financial year ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Bristol Concrete Studio Limited (registered number: 13056563) were approved and authorised for issue by the Director on 07 November 2023. They were signed on its behalf by:

M Macklin
Director
BRISTOL CONCRETE STUDIO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
BRISTOL CONCRETE STUDIO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Bristol Concrete Studio Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 19 Summer Hill, Bristol, BS4 3BE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

The prior year financial statements represented the period from 2 December 2020 to 31 March 2022. This year represents the twelve months ended 31 March 2023 which is not entirely comparable to the comparative year.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

Year ended
31.03.2023
Period from
02.12.2020 to
31.03.2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Plant and machinery Total
£ £
Cost
At 01 April 2022 2,294 2,294
At 31 March 2023 2,294 2,294
Accumulated depreciation
At 01 April 2022 459 459
Charge for the financial year 459 459
At 31 March 2023 918 918
Net book value
At 31 March 2023 1,376 1,376
At 31 March 2022 1,835 1,835

4. Debtors

31.03.2023 31.03.2022
£ £
Trade debtors 330 15,354

5. Creditors: amounts falling due within one year

31.03.2023 31.03.2022
£ £
Taxation and social security 1,675 2,519
Other creditors 6,590 7,456
8,265 9,975

6. Called-up share capital

31.03.2023 31.03.2022
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1