2 1 Worcester Concrete Limited 14692676 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is manufacture of concrete Digita Accounts Production Advanced 6.30.9574.0 true 14692676 2023-07-01 2024-06-30 14692676 2024-06-30 14692676 bus:OrdinaryShareClass1 2024-06-30 14692676 core:CurrentFinancialInstruments 2024-06-30 14692676 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 14692676 core:PlantMachinery 2024-06-30 14692676 bus:SmallEntities 2023-07-01 2024-06-30 14692676 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14692676 bus:FilletedAccounts 2023-07-01 2024-06-30 14692676 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14692676 bus:RegisteredOffice 2023-07-01 2024-06-30 14692676 bus:Director1 2023-07-01 2024-06-30 14692676 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 14692676 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14692676 bus:Agent1 2023-07-01 2024-06-30 14692676 core:PlantMachinery 2023-07-01 2024-06-30 14692676 countries:EnglandWales 2023-07-01 2024-06-30 14692676 2022-07-01 2023-06-30 14692676 2023-06-30 14692676 bus:OrdinaryShareClass1 2023-06-30 14692676 core:CurrentFinancialInstruments 2023-06-30 14692676 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 14692676

Worcester Concrete Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Worcester Concrete Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Worcester Concrete Limited

Company Information

Director

Mr Oliver Rogers

Registered office

Guinness Park Farm
Leigh Sinton
Malvern
WR13 5EQ

Accountants

AIMS Bridge House
River Side North
Bewdley
DY12 1AB

 

Worcester Concrete Limited

(Registration number: 14692676)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

35,541

-

Current assets

 

Debtors

5

633,692

-

Cash at bank and in hand

 

15,037

1

 

648,729

1

Creditors: Amounts falling due within one year

6

(649,217)

-

Net current (liabilities)/assets

 

(488)

1

Net assets

 

35,053

1

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

35,052

-

Shareholders' funds

 

35,053

1

For the financial year ending 30 June 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 accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 March 2025
 

.........................................
Mr Oliver Rogers
Director

 

Worcester Concrete Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Guinness Park Farm
Leigh Sinton
Malvern
WR13 5EQ
England

These financial statements were authorised for issue by the director on 19 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Worcester Concrete Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 1).

 

Worcester Concrete Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

Additions

35,541

35,541

At 30 June 2024

35,541

35,541

Depreciation

Carrying amount

At 30 June 2024

35,541

35,541

5

Debtors

Current

2024
£

2023
£

Trade debtors

545,817

-

Prepayments

2,057

-

Other debtors

85,818

-

 

633,692

-

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

348,687

-

Taxation and social security

11,654

-

Other creditors

288,876

-

649,217

-

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

1

1

1

1