Registered Number: 05477327

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CONCEPT 9 DEVELOPMENTS LIMITED

 

 

Financial Statements

 

FOR THE YEAR ENDED

 

31ST MARCH 2026

 

 

 

 

 

 

 

 

 

 

 

COMPANY REGISTRATION NUMBER

 

5477327

 

CONCEPT 9 DEVELOPMENTS LIMITED

 

FINANCIAL STATEMENTS

 

YEAR ENDED 31ST MARCH 2026

 

 

Page

 

 

CONTENTS

 

 

 

Officers and professional advisors

1

 

 

The Directors report

2

 

 

Profit & Loss account

3

 

 

Balance sheet

4

 

 

Notes to the financial statements

5 - 7

 

 

The following pages do not form part of the statutory financial statements

 

 

 

Accountants' report to the director

9

 

 

Detailed profit and loss account

10

 

 

Notes to the detailed profit and loss account

11

 

CONCEPT 9 DEVELOPMENTS LIMITED

 

OFFICERS AND PROFESSIONAL ADVISORS

 

YEAR ENDED 31ST MARCH 2026

 

The directors

Mr John R Sims

 

 

Company Secretary

 

 

 

Registered Office

45 Wilson Street

 

Lincoln

 

LN1 3HZ

 

 

Company Number

5477327

 

 

Accountants

AMS Consultancy

 

The White House

 

327 Buton Road

 

Lincoln

 

LN1 3XD

 

 

Bank

Lloyds Bank

 

Sort code: 30 - 67 - 76

 

A/c No: 3438 5160

 

CONCEPT 9 DEVELOPMENTS LIMITED

 

THE DIRECTORS REPORT

 

YEAR ENDED 31ST MARCH 2026

 

The directors have pleasure in presenting their report and the unaudited financial statements of the company for the year ended 31st March 2026

 

PRINCIPAL ACTIVITIES

 

The principal activity of the company during the period was that of general construction, and plumbing contractors.

 

THE DIRECTORS AND THEIR INTEREST IN SHARES OF THE COMPANY

 

The directors who served during the period together with their beneficial interests in the shares of the company was as follows:

 

 

Ordinary Shares of £1 each

 

At 31st March 2026

At 31st March 2025

 

 

 

Mr J R Sims

6

6

 

 

 

 

 

6

6

 

Small Company Provision

 

This report has been prepared in accordance with the provisions for small companies under section 477 of the Companies Act 2006.

 

 

Registered Office

Signed by order of the director

45 Wilson Street

 

Lincoln

 

LN1 3HZ

 

 

 

 

__________________

 

Mr J R Sims

 

 

 

Company Director

 

 

Approved by the director on

__________________

CONCEPT 9 DEVELOPMENTS LIMITED

 

PROFIT AND LOSS ACCOUNT

 

YEAR ENDED 31ST MARCH 2026

 

 

Note

At

31st March

2026

At

31st March

2025

 

 

 

 

TURNOVER

1

112,72876,152

 

 

 

 

Cost of Sales

 

43,66352,310

 

 

 

 

GROSS PROFIT

 

69,06523,842

 

 

 

 

Administration Expenses

 

66,38033,243

 

 

 

 

OPERATING PROFIT

2

2,685

(9,401)

 

 

 

 

Interest receivable

 

239

Interest payable

 

984786

 

 

 

 

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

 

1,703

(10,148)

 

 

 

 

Tax on profit on ordinary activities

3

00

 

 

 

 

PROFIT FOR THE FINANCIAL PERIOD AFTER TAXATION

 

1,703

(10,148)

 

 

 

 

Dividends

 

00

 

 

 

 

RETAINED PROFIT (DEFICIT) CARRIED FORWARD

 

1,703

(10,148)

 

CONCEPT 9 DEVELOPMENTS LIMITED

 

BALANCE SHEET

 

YEAR ENDED 31ST MARCH 2026

 

 

Note

At

31st March

2026

 

At

31st March

2025

 
      

FIXED ASSETS

     

Tangible assets

4

0 0 
      

CURRENT ASSETS

     

Stocks and work in progress

 0 0 

Debtors

 2,893 2,840 

Cash in hand

 0 0 

Cash at Bank

 

(4,232)

 

(8,139)

 
      
  

(1,339)

 

(5,299)

 

CREDITORS

     

Amounts falling due within one year

6

6,782 4,525 
      

NET CURRENT ASSETS

  

(8,121)

 

(9,824)

      

TOTAL ASSETS LESS CURRENT LIABILITIES

  

(8,121)

 

(9,824)

      

CREDITORS

     

Amounts falling due after more than one year

7

 0 0
      

NET ASSETS / (LIABILITIES)

  

(8,121)

 

(9,824)

      

CAPITAL AND RESERVES

     

Called up equity share capital

9

 6 6

Profit and loss account

10

 

(8,127)

 

(9,830)

      

SHAREHOLDERS FUND

  

(8,121)

 

(9,824)

 

CONCEPT 9 DEVELOPMENTS LIMITED

 

BALANCE SHEET (continued)

 

YEAR ENDED 31ST MARCH 2026

 

For the year ending 31st March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

Director's responsibilities:

(I)

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476

(II)

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 in accordance with the provisions applicable to companies subject to the small companies regime (effective April 2008).

 

These accounts were approved and signed by the director on __________________

 

 

 

 

_______________________

MR J R SIMS

CONCEPT 9 DEVELOPMENTS LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS

 

YEAR ENDED 31ST MARCH 2026

 

1     ACCOUNTING POLICIES

 

Basis of Accounting

 

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008)

 

Turnover

 

The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax.

 

Depreciation

 

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

 

Plant and Equipment

18% on reducing balance basis

Motor Vehicle

18% on reducing balance basis

Office Equipment

18% on reducing balance basis

 

Stocks

 

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

 

Work in Progress

 

Work in progress is valued on the basis of direct costs plus attributable overheads basis on nominal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

 

2     OPERATING PROFIT

 

Operating profit is stated after charging:

 

 

At 31st March

2026

At 31st March

2025

 

 

 

Director's emoluments

00

Depreciation

00

 

 

 

 

0

0

CONCEPT 9 DEVELOPMENTS LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS

 

YEAR ENDED 31ST MARCH 2026

 

3     TAX ON PROFIT OR LOSS ON ORDINARY ACTIVITIES

 

In respect of the period

At 31st March

2026

At 31st March

2025

 

 

 

UK Corporation Tax

00

 

Corporation Tax based on the results for the period at 19% (FY 2024 at 19%) on net profits.

 

4     TANGIBLE FIXED ASSETS

 

 

Property

Motor

Vehicles

Office

Equipment

Total

 

 

 

 

 

Cost

0000

 

 

 

 

 

Additions

0000

 

 

 

 

 

Depreciation

0000

 

 

 

 

 

Net Book Value

 

 

 

 

At 31st March 2026

0000

 

5     DEBTORS

 

 

At 31st March

2026

At 31st March

2025

 

 

 

Trade Debtors

2,8932,840

Other Debtors

00

 

 

 

 

2,8932,840

 

CONCEPT 9 DEVELOPMENTS LIMITED

 

NOTES TO THE FINANCIAL STATEMENTS

 

YEAR ENDED 31ST MARCH 2026

 

6     CREDITORS: Amounts falling due within one year

 

 

At 31st March

2026

At 31st March

2025

 

 

 

Bank loans and overdrafts

00

Trade creditors

00

Other creditors comprise:

 

 

Corporation Tax

00

PAYE

5,7970

Other creditors

9854,525

 

 

 

 

6,7824,525

 

7     CREDITORS: Amounts falling due after more that one year

 

 

At 31st March

2026

At 31st March

2025

 

 

 

Directors Loan account

00

 

8     RELATED PARTY TRANSACTIONS

 

Some sales transactions were carried out with a related party for work and consultancy done for the Plumbing business of the director which was charged at market rates and is disclosed under the Financial Reporting Standard for smaller entities (effective April 2008).

 

9     SHARE CAPITAL

 

 

At 31st March

2026

At 31st March

2025

 

 

 

Authorised share capital

 

 

Ordinary shares of £1 each

1,000

1,000

 

 

 

Allotted, called up and fully paid:

 

 

Issue of ordinary shares

66

 

10     PROFIT AND LOSS ACCOUNT

 

 

At 31st March

2026

At 31st March

2025

 

 

 

At 31st March 2025

(9,830)

318

Retained Profit

1,703

(10,148)

 

 

 

At 31st March 2026

(8,127)

(9,830)

CONCEPT 9 DEVELOPMENTS LIMITED

 

MANAGEMENT INFORMATION

 

YEAR ENDED 31ST MARCH 2026

 

 

The following pages do not form part of the statutory financial statements

CONCEPT 9 DEVELOPMENTS LIMITED

 

ACCOUNTANTS' REPORT TO DIRECTORS

 

YEAR ENDED 31ST MARCH 2026

 

As described on the balance sheet you are responsible for the preparation of the accounts for the year ended 31st March 2026, set out on pages 3 to 7, and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have compiled these unaudited accounts in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

 

 

 

 

 

AMS Consultancy

The White House

327 Burton Road

Lincoln

LN1 3XD

 

5th October 2026

 

CONCEPT 9 DEVELOPMENTS LIMITED

 

DETAILED PROFIT AND LOSS ACCOUNT

 

YEAR ENDED 31ST MARCH 2026

 

 

At 31st March

2026

At 31st March

2025

 

 

 

TURNOVER

112,72876,152

 

 

 

COST OF SALES

 

 

Opening Stock and WIP

00

Purchases

43,17239,330

Sub-contractors

49112,980

 

 

 

Less: Closing work in progress

00

 

 

 

 

 

 

GROSS PROFIT

69,06523,842

 

 

 

OVERHEADS

 

 

Administration expenses

66,38033,243

 

 

 

OPERATING (LOSS) / PROFIT

2,685

(9,401)

 

 

 

Interest receivable

239

Interest payable

984

428

 

 

 

(LOSS) / PROFIT ON ORDINARY ACTIVITIES

1,703

(9,790)

 

CONCEPT 9 DEVELOPMENTS LIMITED

 

NOTES TO THE DETAILED PROFIT AND LOSS ACCOUNT

 

YEAR ENDED 31ST MARCH 2026

 

 

At 31st March

2026

At 31st March

2025

 

 

 

ADMINISTRATION EXPENSES

 

 

Establishments expenses

 

 

Rent & rates

00

Light and heat

00

Insurance

00

Repairs and renewals

00

 

 

 

 

0

0

 

 

 

General Expenses

 

 

Management fees

11,7200

Commissions

00

Employee costs

41,92224,732

Directors remuneration

00

Replacement Tools

1,8341,616

Motor expenses

5,1322,563

Travel and Subsistence

1950

Telephone

204191

Advertising

00

Printing, stationery and postage

362317

Sundries/office costs

2930

Legal and professional fees

3,3132,758

Accountancy fees

985525

Depreciation

00

 

 

 

 

65,96032,702

 

 

 

Financial costs

 

 

Bank charges

420541

 

 

 

 

420

541

 

 

 

 

66,38033,243