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REGISTERED NUMBER: 03250528













Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Concept Filter Products Ltd

Concept Filter Products Ltd (Registered number: 03250528)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Concept Filter Products Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: AD Worthington





REGISTERED OFFICE: Unit 5, Bredbury Court
Ashton Roadte
Bredbury
Stockport
SK6 2QB





REGISTERED NUMBER: 03250528





ACCOUNTANTS: Mike Egan & Co Limited
Chartered Accountants
168 Lee Lane
Horwich
Bolton
Lancashire
BL6 7AF

Concept Filter Products Ltd (Registered number: 03250528)

Balance Sheet
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 32,395 43,194

CURRENT ASSETS
Stocks 5 1,200 1,200
Debtors 6 862,309 671,021
Cash at bank 12,822 226,012
876,331 898,233
CREDITORS
Amounts falling due within one year 7 (230,864 ) (240,965 )
NET CURRENT ASSETS 645,467 657,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

677,862

700,462

CREDITORS
Amounts falling due after more than one
year

8

(200,000

)

(250,000

)
NET ASSETS 477,862 450,462

CAPITAL AND RESERVES
Called up share capital 12,100 12,100
Retained earnings 465,762 438,362
SHAREHOLDERS' FUNDS 477,862 450,462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Concept Filter Products Ltd (Registered number: 03250528)

Balance Sheet - continued
28 February 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2023 and were signed by:





AD Worthington - Director


Concept Filter Products Ltd (Registered number: 03250528)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Concept Filter Products Ltd is a private company, limited by shares , registered in Not specified/Other. 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 12 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 March 2022
and 28 February 2023 45,547 153,591 44,799 243,937
DEPRECIATION
At 1 March 2022 33,391 122,553 44,799 200,743
Charge for year 3,039 7,760 - 10,799
At 28 February 2023 36,430 130,313 44,799 211,542
NET BOOK VALUE
At 28 February 2023 9,117 23,278 - 32,395
At 28 February 2022 12,156 31,038 - 43,194

Concept Filter Products Ltd (Registered number: 03250528)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. STOCKS
2023 2022
£    £   
Stocks 1,200 1,200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 862,309 671,021

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 138,430 193,295
Tax 55,044 25,091
VAT 37,390 22,579
230,864 240,965

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans more 5 yr by instal 200,000 250,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 200,000 250,000