IRIS Accounts Production v24.1.0.578 11708644 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117086442022-11-30117086442023-11-30117086442022-12-012023-11-30117086442021-11-30117086442021-12-012022-11-30117086442022-11-3011708644ns15:EnglandWales2022-12-012023-11-3011708644ns14:PoundSterling2022-12-012023-11-3011708644ns10:Director12022-12-012023-11-3011708644ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011708644ns10:SmallEntities2022-12-012023-11-3011708644ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3011708644ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011708644ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011708644ns10:FullAccounts2022-12-012023-11-3011708644ns10:RegisteredOffice2022-12-012023-11-3011708644ns5:CurrentFinancialInstruments2023-11-3011708644ns5:CurrentFinancialInstruments2022-11-3011708644ns5:Non-currentFinancialInstruments2023-11-3011708644ns5:Non-currentFinancialInstruments2022-11-3011708644ns5:ShareCapital2023-11-3011708644ns5:ShareCapital2022-11-3011708644ns5:CapitalRedemptionReserve2023-11-3011708644ns5:CapitalRedemptionReserve2022-11-3011708644ns5:RetainedEarningsAccumulatedLosses2023-11-3011708644ns5:RetainedEarningsAccumulatedLosses2022-11-3011708644ns5:PlantMachinery2022-12-012023-11-3011708644ns5:PlantMachinery2022-11-3011708644ns5:PlantMachinery2023-11-3011708644ns5:PlantMachinery2022-11-3011708644ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3011708644ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 11708644 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

CONCEPT CONSTRUCTION PROJECTS LTD

CONCEPT CONSTRUCTION PROJECTS LTD (REGISTERED NUMBER: 11708644)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONCEPT CONSTRUCTION PROJECTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: J P Naylor





REGISTERED OFFICE: Good Hope Mill
107 Cavendish Street
Ashton-Under-Lyne
OL6 7SW





REGISTERED NUMBER: 11708644 (England and Wales)





ACCOUNTANTS: Sedulo Accountants Limited
Chartered Certified Accountants
62-66 Deansgate
Manchester
M3 2EN

CONCEPT CONSTRUCTION PROJECTS LTD (REGISTERED NUMBER: 11708644)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,699 15,053

CURRENT ASSETS
Stocks - 58,000
Debtors 5 397,362 419,154
Cash at bank 826,652 420,615
1,224,014 897,769
CREDITORS
Amounts falling due within one year 6 925,173 786,004
NET CURRENT ASSETS 298,841 111,765
TOTAL ASSETS LESS CURRENT LIABILITIES 311,540 126,818

CREDITORS
Amounts falling due after more than one
year

7

(14,996

)

(24,345

)

PROVISIONS FOR LIABILITIES (2,860 ) (2,860 )
NET ASSETS 293,684 99,613

CAPITAL AND RESERVES
Called up share capital 103 103
Capital redemption reserve (51 ) (51 )
Retained earnings 293,632 99,561
293,684 99,613

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 CONSTRUCTION PROJECTS LTD (REGISTERED NUMBER: 11708644)

BALANCE SHEET - continued
30 NOVEMBER 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 14 August 2024 and were signed by:





J P Naylor - Director


CONCEPT CONSTRUCTION PROJECTS LTD (REGISTERED NUMBER: 11708644)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Concept Construction Projects Ltd is a private company, limited by shares , registered in England and Wales. 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 etc - 33% on reducing balance, 20% on reducing balance and 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

CONCEPT CONSTRUCTION PROJECTS LTD (REGISTERED NUMBER: 11708644)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial statements.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which includes debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less, if not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

Taxation
Taxation for the year 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.


CONCEPT CONSTRUCTION PROJECTS LTD (REGISTERED NUMBER: 11708644)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued
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 year 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.

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.

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.

Going concern
At the time of signing these accounts, having considered the economic climate, the Director's expectations and intentions for the next twelve months, and the availability of working capital, the Director is of the opinion that the Company will remain viable for the foreseeable future and therefore these Financial Statements have been prepared on the Going Concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 30,434
Additions 630
At 30 November 2023 31,064
DEPRECIATION
At 1 December 2022 15,381
Charge for year 2,984
At 30 November 2023 18,365
NET BOOK VALUE
At 30 November 2023 12,699
At 30 November 2022 15,053

CONCEPT CONSTRUCTION PROJECTS LTD (REGISTERED NUMBER: 11708644)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 16,194 319,154
Other debtors 381,168 100,000
397,362 419,154

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 10,000 10,800
Trade creditors 683,556 563,334
Taxation and social security 228,644 207,239
Other creditors 2,973 4,631
925,173 786,004

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 14,996 24,345

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other debtors is a loan to the director of £146,112 (2022; £100,000).

This loan bears interest at the official rate and has no fixed terms of repayment.