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COMPANY REGISTRATION NUMBER: 02374361
Applied Concepts Limited
Filleted Unaudited Financial Statements
For the year ended
31 August 2024
Applied Concepts Limited
Statement of Financial Position
31 August 2024
2024
2023
£
£
£
£
Fixed assets
45,104
41,953
--------
--------
Current assets
202,046
251,320
Prepayments and accrued income
4,144
3,665
---------
---------
206,190
254,985
Creditors: amounts falling due within one year
998
1,225
---------
---------
Net current assets
205,192
253,760
---------
---------
Total assets less current liabilities
250,296
295,713
Accruals and deferred income
3,168
3,228
---------
---------
247,128
292,485
---------
---------
Capital and reserves
247,128
292,485
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
2. Director's advances, credits and guarantees
During the year the following transactions took place:
2024 2023
£ £
Advances 57,617 73,048
Repayments 78,335 48,612
Amount owed to the company 156,202 176,920
All advances are repayable on demand and incur interest at HMRC's official rate for interest on overdrawn balances exceeding £10,000.
3. Other financial commitments
The total amount of financial commitments not included in the statement of financial position is £ 1,785 (2023: £ 7,139 ). There were no contingencies or guarantees.
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 7 February 2025 , and are signed on behalf of the board by:
Mr D E Willis
Director
Company registration number: 02374361
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is The Old Piggery, Sheepshead Lane, Harston, Cambridge, Cambridgeshire, CB22 7QA.