CONCEPT FABRICS LIMITED

Company Registration Number:
05661617 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

CONCEPT FABRICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

CONCEPT FABRICS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 354,109 369,421
Total fixed assets: 354,109 369,421
Current assets
Stocks: 83,116 28,348
Debtors: 4 68,052 93,720
Cash at bank and in hand: 12,506 61,606
Total current assets: 163,674 183,674
Creditors: amounts falling due within one year:   (190,145) (168,649)
Net current assets (liabilities): (26,471) 15,025
Total assets less current liabilities: 327,638 384,446
Creditors: amounts falling due after more than one year:   (72,940) (133,574)
Provision for liabilities: (17,000) (17,000)
Total net assets (liabilities): 237,698 233,872
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 237,598 233,772
Shareholders funds: 237,698 233,872

The notes form part of these financial statements

CONCEPT FABRICS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 May 2024
and signed on behalf of the board by:

Name: Andrew Smith
Status: Director

The notes form part of these financial statements

CONCEPT FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CONCEPT FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

CONCEPT FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 434,104
At 31 March 2024 434,104
Depreciation
At 01 April 2023 64,683
Charge for year 15,312
At 31 March 2024 79,995
Net book value
At 31 March 2024 354,109
At 31 March 2023 369,421

CONCEPT FABRICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 68,052 93,720