1 November 2022 false No description of principal activity Taxfiler 2024.4 12265012business:PrivateLimitedCompanyLtd2022-11-012023-10-31 122650122022-10-31 122650122022-11-012023-10-31 12265012business:AuditExemptWithAccountantsReport2022-11-012023-10-31 12265012business:FilletedAccounts2022-11-012023-10-31 122650122023-10-31 12265012business:Director12022-11-012023-10-31 12265012business:RegisteredOffice2022-11-012023-10-31 122650122022-10-31 12265012core:WithinOneYear2023-10-31 12265012core:WithinOneYear2022-10-31 12265012core:AfterOneYear2023-10-31 12265012core:AfterOneYear2022-10-31 12265012core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 12265012core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 12265012core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 12265012core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12265012core:PreviouslyStatedAmount2023-10-31 12265012core:PreviouslyStatedAmount2022-10-31 12265012business:SmallEntities2022-11-012023-10-31 12265012countries:EnglandWales2022-11-012023-10-31 12265012core:PlantMachinery2022-11-012023-10-31 12265012core:MotorVehicles2022-11-012023-10-31 12265012core:PlantMachinery2022-10-31 12265012core:MotorVehicles2022-10-31 12265012core:PlantMachinery2023-10-31 12265012core:MotorVehicles2023-10-31 122650122021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12265012 (England and Wales)
CONCEPT DESIGN BUILDERS LTD Unaudited accounts for the year ended 31 October 2023
CONCEPT DESIGN BUILDERS LTD Unaudited accounts Contents
Page
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CONCEPT DESIGN BUILDERS LTD Company Information for the year ended 31 October 2023
Director
Aleksander Xhika
Company Number
12265012 (England and Wales)
Registered Office
APEX HOUSE, 2ND FLOOR GRAND ARCADE LONDON N12 0EH ENGLAND
Accountants
Agents For Accounting Ltd Apex House, 2nd Floor Grand Arcade London N12 0EH
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CONCEPT DESIGN BUILDERS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,852 
31,753 
Current assets
Debtors
5,683 
14,850 
Cash at bank and in hand
51,761 
30,477 
57,444 
45,327 
Creditors: amounts falling due within one year
(47,440)
(20,652)
Net current assets
10,004 
24,675 
Total assets less current liabilities
32,856 
56,428 
Creditors: amounts falling due after more than one year
(12,103)
(19,232)
Provisions for liabilities
Deferred tax
(6,034)
(6,034)
Net assets
14,719 
31,162 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
14,619 
31,062 
Shareholders' funds
14,719 
31,162 
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 29 July 2024 and were signed on its behalf by
Aleksander Xhika Director Company Registration No. 12265012
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CONCEPT DESIGN BUILDERS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
CONCEPT DESIGN BUILDERS LTD is a private company, limited by shares, registered in England and Wales, registration number 12265012. The registered office is APEX HOUSE, 2ND FLOOR , GRAND ARCADE, LONDON, N12 0EH, 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.
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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
Straight Line Method - 25%
Motor vehicles
Straight Line Method - 20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
5,131 
42,507 
47,638 
At 31 October 2023
5,131 
42,507 
47,638 
Depreciation
At 1 November 2022
3,849 
12,036 
15,885 
Charge for the year
1,283 
7,618 
8,901 
At 31 October 2023
5,132 
19,654 
24,786 
Net book value
At 31 October 2023
(1)
22,853 
22,852 
At 31 October 2022
1,282 
30,471 
31,753 
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CONCEPT DESIGN BUILDERS LTD Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
500 
Other debtors
5,683 
14,350 
5,683 
14,850 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
32,492 
37,885 
VAT
36,238 
12,842 
Obligations under finance leases and hire purchase contracts
5,092 
5,091 
Taxes and social security
48,152 
36,876 
Other creditors
2,117 
1,473 
Loans from directors
(77,646)
(74,235)
Accruals
995 
720 
47,440 
20,652 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
12,103 
19,232 
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
9
Capital contribution reserve
This reserve records retained earnings and accumulated losses. Errors must be corrected by way of a prior year adjustment if the error is material. FRS 102 refers to the correction of material prior year errors but does require only material prior period errors to be corrected retrospectively. The dividend figures in the comparative for the accounts for the year ended 31 October 2022 has been restated as the directors loan amount was included in dividends. The comparative figures for year ended 31 October 2022 for director's account (debit figure of £55,000) has been restated on the comparatives along with director's loan account (with a credit figure of £55,000) on the accounts for year the ended 31 October 2023.
10
Loans to directors
Included in other debtors is a balance of £77,645 owed by the director of the company. part of directors loan made during the year was cleared by a dividend voucher of £23,500 on 6 April 2024. This balance is unsecured and interest free, with no fixed repayment terms.
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CONCEPT DESIGN BUILDERS LTD Notes to the Accounts for the year ended 31 October 2023
11
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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