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REGISTERED NUMBER: 08858248 (Wales)















Concept Fire Sprinklers Limited

Unaudited Financial Statements

for the Period 1 February 2023 to 31 July 2023






Concept Fire Sprinklers Limited (Registered number: 08858248)






Contents of the Financial Statements
for the Period 1 February 2023 to 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Concept Fire Sprinklers Limited

Company Information
for the Period 1 February 2023 to 31 July 2023







DIRECTORS: E F J Smith
S Smith
T Hewitt





REGISTERED OFFICE: Unit 8
Canal Industrial Estate
Dumballs Road
Cardiff
CF10 5FE





REGISTERED NUMBER: 08858248 (Wales)





ACCOUNTANTS: O'Brien and Partners
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

Concept Fire Sprinklers Limited (Registered number: 08858248)

Balance Sheet
31 July 2023

31.7.23 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,675 2,120

CURRENT ASSETS
Debtors 5 41,194 34,477
Cash at bank and in hand 53,860 25,221
95,054 59,698
CREDITORS
Amounts falling due within one year 6 87,724 50,348
NET CURRENT ASSETS 7,330 9,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,005

11,470

PROVISIONS FOR LIABILITIES 5,068 403
NET ASSETS 28,937 11,067

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 28,837 10,967
28,937 11,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2023 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.

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 Board of Directors and authorised for issue on 4 April 2024 and were signed on its behalf by:





E F J Smith - Director


Concept Fire Sprinklers Limited (Registered number: 08858248)

Notes to the Financial Statements
for the Period 1 February 2023 to 31 July 2023

1. STATUTORY INFORMATION

Concept Fire Sprinklers Limited is a private company, limited by shares , registered in Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the period 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 period 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.

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 period was 3 (2023 - 3 ) .

Concept Fire Sprinklers Limited (Registered number: 08858248)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 31 July 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023 3,000 - 3,000
Additions 26,300 457 26,757
At 31 July 2023 29,300 457 29,757
DEPRECIATION
At 1 February 2023 880 - 880
Charge for period 2,177 25 2,202
At 31 July 2023 3,057 25 3,082
NET BOOK VALUE
At 31 July 2023 26,243 432 26,675
At 31 January 2023 2,120 - 2,120

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.1.23
£    £   
Trade debtors 30,511 9,477
Other debtors 10,683 25,000
41,194 34,477

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.1.23
£    £   
Trade creditors 42,243 10,304
Taxation and social security 25,158 13,503
Other creditors 20,323 26,541
87,724 50,348