Company Registration No. 12265012 (England and Wales)
CONCEPT DESIGN BUILDERS LTD
Unaudited accounts
for the year ended 31 October 2022
CONCEPT DESIGN BUILDERS LTD
Unaudited accounts
Contents
CONCEPT DESIGN BUILDERS LTD
Company Information
for the year ended 31 October 2022
Company Number
12265012 (England and Wales)
Registered Office
APEX HOUSE, 2ND FLOOR
GRAND ARCADE
LONDON
N12 0EH
ENGLAND
Accountants
Agents For Accounting Ltd
Apex House, 2nd Floor
Grand Arcade
London
N12 0EH
CONCEPT DESIGN BUILDERS LTD
Statement of financial position
as at 31 October 2022
Tangible assets
31,753
20,236
Cash at bank and in hand
30,477
32,132
Creditors: amounts falling due within one year
(50,652)
(64,749)
Net current liabilities
(5,325)
(17,616)
Total assets less current liabilities
26,428
2,620
Creditors: amounts falling due after more than one year
(19,232)
-
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
1,062
2,116
Shareholders' funds
1,162
2,216
For the year ending 31 October 2022 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 29 July 2023 and were signed on its behalf by
Aleksander Xhika
Director
Company Registration No. 12265012
CONCEPT DESIGN BUILDERS LTD
Notes to the Accounts
for the year ended 31 October 2022
CONCEPT DESIGN BUILDERS LTD is a private company, limited by shares, registered in England and Wales, registration number 12265012. The registered office is APEX HOUSE, 2ND FLOOR , GRAND ARCADE, LONDON, N12 0EH, 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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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
Straight Line Method - 25%
Motor vehicles
Straight Line Method - 20%
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2021
5,131
22,089
27,220
Disposals
-
(17,671)
(17,671)
At 31 October 2022
5,131
42,507
47,638
At 1 November 2021
2,566
4,418
6,984
Charge for the year
1,283
7,618
8,901
At 31 October 2022
3,849
12,036
15,885
At 31 October 2022
1,282
30,471
31,753
At 31 October 2021
2,565
17,671
20,236
CONCEPT DESIGN BUILDERS LTD
Notes to the Accounts
for the year ended 31 October 2022
Amounts falling due within one year
Other debtors
14,350
16,454
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
37,885
45,301
Obligations under finance leases and hire purchase contracts
5,091
-
Taxes and social security
36,876
11,814
Loans from directors
(44,235)
-
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Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
19,232
-
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
During the year, the director of the company owed £44,235 to the company.
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Average number of employees
During the year the average number of employees was 3 (2021: 3).