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REGISTERED NUMBER: 03250528













Unaudited Financial Statements

for the Period

1 March 2023 to 25 February 2024

for

Concept Filter Products Ltd

Concept Filter Products Ltd (Registered number: 03250528)






Contents of the Financial Statements
for the Period 1 March 2023 to 25 February 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Concept Filter Products Ltd

Company Information
for the Period 1 March 2023 to 25 February 2024







DIRECTOR: AD Worthington





REGISTERED OFFICE: Unit 5, Bredbury Court
Ashton Roadte
Bredbury
Stockport
SK6 2QB





REGISTERED NUMBER: 03250528





ACCOUNTANTS: Mike Egan & Co Limited
Chartered Accountants
168 Lee Lane
Horwich
Bolton
Lancashire
BL6 7AF

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Concept Filter Products Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Concept Filter Products Ltd for the period ended 25 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Concept Filter Products Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Concept Filter Products Ltd and state those matters that we have agreed to state to the director of Concept Filter Products Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Concept Filter Products Ltd and its director for our work or for this report.

It is your duty to ensure that Concept Filter Products Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Concept Filter Products Ltd. You consider that Concept Filter Products Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Concept Filter Products Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mike Egan & Co Limited
Chartered Accountants
168 Lee Lane
Horwich
Bolton
Lancashire
BL6 7AF


20 February 2025

Concept Filter Products Ltd (Registered number: 03250528)

Balance Sheet
25 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 30,116 32,395

CURRENT ASSETS
Stocks 5 1,200 1,200
Debtors 6 915,094 862,309
Cash at bank - 12,822
916,294 876,331
CREDITORS
Amounts falling due within one year 7 (293,613 ) (230,864 )
NET CURRENT ASSETS 622,681 645,467
TOTAL ASSETS LESS CURRENT
LIABILITIES

652,797

677,862

CREDITORS
Amounts falling due after more than one
year

8

(118,613

)

(200,000

)
NET ASSETS 534,184 477,862

CAPITAL AND RESERVES
Called up share capital 12,100 12,100
Retained earnings 522,084 465,762
SHAREHOLDERS' FUNDS 534,184 477,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 25 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 25 February 2024 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 Filter Products Ltd (Registered number: 03250528)

Balance Sheet - continued
25 February 2024


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 20 February 2025 and were signed by:





AD Worthington - Director


Concept Filter Products Ltd (Registered number: 03250528)

Notes to the Financial Statements
for the Period 1 March 2023 to 25 February 2024

1. STATUTORY INFORMATION

Concept Filter Products Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 15 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 March 2023
and 25 February 2024 45,547 153,591 44,799 243,937
DEPRECIATION
At 1 March 2023 36,430 130,313 44,799 211,542
Charge for period 2,279 - - 2,279
At 25 February 2024 38,709 130,313 44,799 213,821
NET BOOK VALUE
At 25 February 2024 6,838 23,278 - 30,116
At 28 February 2023 9,117 23,278 - 32,395

Concept Filter Products Ltd (Registered number: 03250528)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 25 February 2024

5. STOCKS
2024 2023
£    £   
Stocks 1,200 1,200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 915,094 862,309

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 16,836 -
Trade creditors 184,007 138,430
Tax 53,621 55,044
VAT 39,149 37,390
293,613 230,864

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yr by instal 118,613 200,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 118,613 200,000