Company Registration No. 08249153 (England and Wales)
Concrete Panel Limited
Unaudited accounts
for the year ended 28 February 2023
Concrete Panel Limited
Unaudited accounts
Contents
Concrete Panel Limited
Company Information
for the year ended 28 February 2023
Directors
Paul Kenworthy
Adam Tozer
Company Number
08249153 (England and Wales)
Registered Office
Southfields Business Park
Harby Road
Langar
Nottinghamshire
NG13 9HY
Accountants
TRC Advisory Ltd
246 Derby Road
Marehay
Ripley
Derbyshire
DE5 8HX
Concrete Panel Limited
Statement of financial position
as at 28 February 2023
Tangible assets
78,903
78,903
Cash at bank and in hand
215,439
185,003
Creditors: amounts falling due within one year
(303,682)
(246,477)
Net current assets
644,755
510,169
Total assets less current liabilities
723,658
589,072
Provisions for liabilities
Deferred tax
(15,127)
(15,127)
Net assets
708,531
573,945
Called up share capital
100
100
Revaluation reserve
62,150
62,150
Profit and loss account
646,281
511,695
Shareholders' funds
708,531
573,945
For the year ending 28 February 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by
Paul Kenworthy
Director
Company Registration No. 08249153
Concrete Panel Limited
Notes to the Accounts
for the year ended 28 February 2023
Concrete Panel Limited is a private company, limited by shares, registered in England and Wales, registration number 08249153. The registered office is Southfields Business Park, Harby Road, Langar, Nottinghamshire, NG13 9HY.
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:
Plant & machinery
Revaluation method
Computer equipment
Revaluation method
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
92,498
4,247
96,745
At 28 February 2023
92,498
4,247
96,745
At 1 March 2022
13,595
4,247
17,842
At 28 February 2023
13,595
4,247
17,842
At 28 February 2023
78,903
-
78,903
At 28 February 2022
78,903
-
78,903
Amounts falling due within one year
Trade debtors
99,302
301,792
Other debtors
633,696
269,851
Concrete Panel Limited
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
69,674
150,440
Taxes and social security
31,569
92,654
Other creditors
199,239
1,275
Loans from directors
117
117
7
Transactions with related parties
During the year the company purchased goods and services amounting to £1,164,350 (2022: £1,517,732) at below market rate to a related party.
The related party is company that is controlled by the same directors as Concrete Panel Limited.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).