Company Registration No. 06706471 (England and Wales)
Concept One Source Solution Ltd
Unaudited accounts
for the year ended 30 September 2024
Concept One Source Solution Ltd
Unaudited accounts
Contents
Concept One Source Solution Ltd
Company Information
for the year ended 30 September 2024
Director
Samuel James Gunston
Company Number
06706471 (England and Wales)
Registered Office
Tan Yard
Queen Street
Belper
Derbyshire
DE56 1NR
England
Concept One Source Solution Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
539,887
457,625
Cash at bank and in hand
392,256
52,834
Creditors: amounts falling due within one year
(592,918)
(306,918)
Net current assets/(liabilities)
85,944
(43,099)
Total assets less current liabilities
625,831
414,526
Creditors: amounts falling due after more than one year
(233,784)
(232,984)
Provisions for liabilities
Deferred tax
(29,766)
(15,613)
Net assets
362,281
165,929
Called up share capital
1
1
Profit and loss account
362,280
165,928
Shareholders' funds
362,281
165,929
For the year ending 30 September 2024 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 20 May 2025 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 2024
Concept One Source Solution Ltd is a private company, limited by shares, registered in England and Wales, registration number 06706471. The registered office is Tan Yard, Queen Street, Belper, Derbyshire, DE56 1NR, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
375,450
133,341
-
21,671
530,462
Additions
7,775
61,416
49,725
30,763
149,679
Disposals
-
(27,826)
-
-
(27,826)
At 30 September 2024
383,225
166,931
49,725
52,434
652,315
At 1 October 2023
-
67,419
-
5,418
72,837
Charge for the year
-
28,487
12,431
13,109
54,027
On disposals
-
(14,436)
-
-
(14,436)
At 30 September 2024
-
81,470
12,431
18,527
112,428
At 30 September 2024
383,225
85,461
37,294
33,907
539,887
At 30 September 2023
375,450
65,922
-
16,253
457,625
Concept One Source Solution Ltd
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
61,429
167,851
Amounts due from group undertakings etc.
212,240
180
Accrued income and prepayments
12,937
2,626
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
38,147
38,549
Obligations under finance leases and hire purchase contracts
5,255
-
Trade creditors
182,593
97,840
Taxes and social security
96,430
92,876
Other creditors
90,906
76,653
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
214,351
232,984
Obligations under finance leases and hire purchase contracts
19,433
-
8
Average number of employees
During the year the average number of employees was 10 (2023: 9).