Silverfin false false 31/12/2024 01/01/2024 31/12/2024 C J Ackerman 01/07/2024 M I Amodeo 13/07/2022 K M Calverley 01/07/2024 09/07/2013 J N Dawson 02/07/2020 S E Thorpe 20/07/2019 D W Williams 23/07/2015 02 July 2025 no description of principal activity 00884419 2024-12-31 00884419 bus:Director1 2024-12-31 00884419 bus:Director2 2024-12-31 00884419 bus:Director3 2024-12-31 00884419 bus:Director4 2024-12-31 00884419 bus:Director5 2024-12-31 00884419 bus:Director6 2024-12-31 00884419 2023-12-31 00884419 core:CurrentFinancialInstruments 2024-12-31 00884419 core:CurrentFinancialInstruments 2023-12-31 00884419 core:RetainedEarningsAccumulatedLosses 2024-12-31 00884419 core:RetainedEarningsAccumulatedLosses 2023-12-31 00884419 core:FurnitureFittings 2023-12-31 00884419 core:OfficeEquipment 2023-12-31 00884419 core:ComputerEquipment 2023-12-31 00884419 core:FurnitureFittings 2024-12-31 00884419 core:OfficeEquipment 2024-12-31 00884419 core:ComputerEquipment 2024-12-31 00884419 core:CostValuation 2023-12-31 00884419 core:CostValuation 2024-12-31 00884419 2024-01-01 2024-12-31 00884419 bus:FilletedAccounts 2024-01-01 2024-12-31 00884419 bus:SmallEntities 2024-01-01 2024-12-31 00884419 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 00884419 bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 00884419 bus:Director1 2024-01-01 2024-12-31 00884419 bus:Director2 2024-01-01 2024-12-31 00884419 bus:Director3 2024-01-01 2024-12-31 00884419 bus:Director4 2024-01-01 2024-12-31 00884419 bus:Director5 2024-01-01 2024-12-31 00884419 bus:Director6 2024-01-01 2024-12-31 00884419 core:FurnitureFittings 2024-01-01 2024-12-31 00884419 core:OfficeEquipment 2024-01-01 2024-12-31 00884419 core:ComputerEquipment core:TopRangeValue 2024-01-01 2024-12-31 00884419 2023-01-01 2023-12-31 00884419 core:ComputerEquipment 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Company No: 00884419 (England and Wales)

THE CONCRETE SOCIETY LIMITED

(A COMPANY LIMITED BY GUARANTEE)

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH THE REGISTRAR

THE CONCRETE SOCIETY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024

Contents

THE CONCRETE SOCIETY LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
THE CONCRETE SOCIETY LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
DIRECTORS C J Ackerman (Appointed 01 July 2024)
M I Amodeo
K M Calverley (Resigned 01 July 2024)
J N Dawson
S E Thorpe
D W Williams
REGISTERED OFFICE Suite 1 Ground Floor
Sandhurst House 297 Yorktown Road
College Town
Sandhurst
England
GU47 0QA
United Kingdom
COMPANY NUMBER 00884419 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT
THE CONCRETE SOCIETY LIMITED

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024
THE CONCRETE SOCIETY LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

AS AT 31 DECEMBER 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 23,801 24,509
Investments 4 1,002 1,002
24,803 25,511
Current assets
Stocks 5 3,000 3,000
Debtors 6 158,187 209,937
Cash at bank and in hand 1,050,371 901,782
1,211,558 1,114,719
Creditors: amounts falling due within one year 7 ( 592,306) ( 599,787)
Net current assets 619,252 514,932
Total assets less current liabilities 644,055 540,443
Net assets 644,055 540,443
Reserves
Retained earnings 644,055 540,443
Total reserves 644,055 540,443

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of The Concrete Society Limited (registered number: 00884419) were approved and authorised for issue by the Board of Directors on 02 July 2025. They were signed on its behalf by:

C J Ackerman
Director
THE CONCRETE SOCIETY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
THE CONCRETE SOCIETY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Concrete Society Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Suite 1 Ground Floor, Sandhurst House 297 Yorktown Road, College Town, Sandhurst, England, GU47 0QA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Employee benefits

Defined contribution schemes
The company operates a defined contributions pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings 25 % reducing balance
Office equipment 25 % reducing balance
Computer equipment 3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 12 13

3. Tangible assets

Fixtures and fittings Office equipment Computer equipment Total
£ £ £ £
Cost
At 01 January 2024 72,063 44,980 144,165 261,208
Additions 1,411 0 5,426 6,837
At 31 December 2024 73,474 44,980 149,591 268,045
Accumulated depreciation
At 01 January 2024 50,712 44,980 141,007 236,699
Charge for the financial year 5,573 0 1,972 7,545
At 31 December 2024 56,285 44,980 142,979 244,244
Net book value
At 31 December 2024 17,189 0 6,612 23,801
At 31 December 2023 21,351 0 3,158 24,509

4. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 1,002
At 31 December 2024 1,002
Carrying value at 31 December 2024 1,002
Carrying value at 31 December 2023 1,002

5. Stocks

2024 2023
£ £
Stocks 3,000 3,000

6. Debtors

2024 2023
£ £
Trade debtors 94,060 157,675
Prepayments 47,560 35,695
Other debtors 16,567 16,567
158,187 209,937

7. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 77,572 48,207
Accruals and deferred income 453,530 497,892
Other taxation and social security 52,570 44,741
Other creditors 8,634 8,947
592,306 599,787

8. Liability of members

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the company in the event of liquidation.