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REGISTERED NUMBER: 03741832 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2024

FOR

CONCEPT FLOORING (KETTERING) LTD.

CONCEPT FLOORING (KETTERING) LTD. (REGISTERED NUMBER: 03741832)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONCEPT FLOORING (KETTERING) LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2024







DIRECTOR: S T Langley





REGISTERED OFFICE: Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH





REGISTERED NUMBER: 03741832 (England and Wales)





ACCOUNTANTS: Bewers Turner & Co LLP
Chartered Accountants
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

CONCEPT FLOORING (KETTERING) LTD. (REGISTERED NUMBER: 03741832)

BALANCE SHEET
31ST JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 52,294 55,232
Investments 5 100 100
52,394 55,332

CURRENT ASSETS
Debtors 6 155,282 113,009
Cash at bank 11,162 13,142
166,444 126,151
CREDITORS
Amounts falling due within one year 7 3,443 3,235
NET CURRENT ASSETS 163,001 122,916
TOTAL ASSETS LESS CURRENT
LIABILITIES

215,395

178,248

PROVISIONS FOR LIABILITIES 13,074 -
NET ASSETS 202,321 178,248

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 202,121 178,048
202,321 178,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 FLOORING (KETTERING) LTD. (REGISTERED NUMBER: 03741832)

BALANCE SHEET - continued
31ST JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16th April 2025 and were signed by:





S T Langley - Director


CONCEPT FLOORING (KETTERING) LTD. (REGISTERED NUMBER: 03741832)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024


1. STATUTORY INFORMATION

Concept Flooring (Kettering) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on reducing balance
Short leasehold - 33% on reducing balance
Plant and machinery - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
The company is party to only basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 FLOORING (KETTERING) LTD. (REGISTERED NUMBER: 03741832)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024


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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Freehold Short Plant and
property leasehold machinery Totals
£    £    £    £   
COST
At 1st August 2023
and 31st July 2024 99,355 773 26,083 126,211
DEPRECIATION
At 1st August 2023 45,295 752 24,932 70,979
Charge for year 2,703 6 229 2,938
At 31st July 2024 47,998 758 25,161 73,917
NET BOOK VALUE
At 31st July 2024 51,357 15 922 52,294
At 31st July 2023 54,060 21 1,151 55,232

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st August 2023
and 31st July 2024 100
NET BOOK VALUE
At 31st July 2024 100
At 31st July 2023 100

CONCEPT FLOORING (KETTERING) LTD. (REGISTERED NUMBER: 03741832)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 151,815 109,542
Other debtors 3,467 3,467
155,282 113,009

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 1,896 1,962
Directors' current accounts 547 273
Accrued expenses 1,000 1,000
3,443 3,235

8. RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions.