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Company Registration No. 6554909 (England and Wales)
PROVIDENT CONCEPTS LIMITED Unaudited accounts for the year ended 31 March 2023
PROVIDENT CONCEPTS LIMITED Unaudited accounts Contents
Page
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PROVIDENT CONCEPTS LIMITED Company Information for the year ended 31 March 2023
Directors
Akinbode Olakunle Dipeolu Adetoun Omolayajo Dipeolu
Secretary
Akinbode Olakunle Dipeolu
Company Number
6554909 (England and Wales)
Registered Office
41 PERSIAN CLOSE DERBY DERBYSHIRE DE24 1AS
Accountants
Provident Concepts Ltd 41 Persian Close Derby Derbyshire DE24 1AS
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PROVIDENT CONCEPTS LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
4,398 
544 
Cash at bank and in hand
7,375 
25,970 
11,773 
26,514 
Creditors: amounts falling due within one year
(55,729)
(46,013)
Net current liabilities
(43,956)
(19,499)
Total assets less current liabilities
(43,956)
(19,499)
Creditors: amounts falling due after more than one year
(7,466)
(33,333)
Net liabilities
(51,422)
(52,832)
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(51,622)
(53,032)
Shareholders' funds
(51,422)
(52,832)
For the 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. 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 15 November 2023 and were signed on its behalf by
Akinbode Olakunle Dipeolu Director Company Registration No. 6554909
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PROVIDENT CONCEPTS LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
PROVIDENT CONCEPTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6554909. The registered office is 41 PERSIAN CLOSE, DERBY, DERBYSHIRE, DE24 1AS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,398 
544 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
27,653 
- 
Trade creditors
4,535 
- 
Taxes and social security
990 
1,905 
Other creditors
3,167 
3,304 
Loans from directors
19,384 
40,804 
55,729 
46,013 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,466 
33,333 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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