Company Registration No. 06706471 (England and Wales)
Concept One Source Solution Ltd
Unaudited accounts
for the year ended 30 September 2023
Concept One Source Solution Ltd
Unaudited accounts
Contents
Concept One Source Solution Ltd
Company Information
for the year ended 30 September 2023
Director
Samuel James Gunston
Company Number
06706471 (England and Wales)
Registered Office
21 Bullbridge Hill
Ambergate
Belper
Derbyshire
DE56 2EW
England
Concept One Source Solution Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
457,625
71,127
Cash at bank and in hand
52,834
134,924
Creditors: amounts falling due within one year
(306,918)
(296,683)
Net current (liabilities)/assets
(43,099)
41,457
Total assets less current liabilities
414,526
112,584
Creditors: amounts falling due after more than one year
(232,984)
(26,730)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
165,928
85,853
Shareholders' funds
165,929
85,854
For the year ending 30 September 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 30 July 2024 and were signed on its behalf by
Samuel James Gunston
Director
Company Registration No. 06706471
Concept One Source Solution Ltd
Notes to the Accounts
for the year ended 30 September 2023
Concept One Source Solution Ltd is a private company, limited by shares, registered in England and Wales, registration number 06706471. The registered office is 21 Bullbridge Hill, Ambergate, Belper, Derbyshire, DE56 2EW, 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.
These financial statements for the year ended 30 September 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Land & buildings
No depreciation
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
-
116,573
-
116,573
Additions
375,450
16,768
21,671
413,889
At 30 September 2023
375,450
133,341
21,671
530,462
At 1 October 2022
-
45,446
-
45,446
Charge for the year
-
21,973
5,418
27,391
At 30 September 2023
-
67,419
5,418
72,837
At 30 September 2023
375,450
65,922
16,253
457,625
At 30 September 2022
-
71,127
-
71,127
Concept One Source Solution Ltd
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
167,851
184,873
Amounts due from group undertakings etc.
180
-
Accrued income and prepayments
2,626
330
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
38,549
10,648
Trade creditors
97,840
90,611
Taxes and social security
92,876
43,201
Other creditors
76,653
120,981
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 9 (2022: 9).