Chiltern Concrete Products Limited - Period Ending 2022-03-31

Chiltern Concrete Products Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 4

Chiltern Concrete Products Limited

Balance Sheet

as at 31 March 2022

	Note	2022 £	2021 £
Current assets
Debtors	4	19,282	39,571
Cash at bank and in hand		30,565	2,765
		49,847	42,336
Creditors: Amounts falling due within one year	5	(14,985)	(23,869)
Net assets		34,862	18,467
Capital and reserves
Allotted, called up and fully paid share capital		999	999
Profit and loss account		33,863	17,468
Shareholders' funds		34,862	18,467

Registration number: 02981207

Chiltern Concrete Products Limited

Balance Sheet

as at 31 March 2022 (continued)

For the financial year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 3 November 2022 and signed on its behalf by:
 

......................................... Mr E B McMullan Director

Chiltern Concrete Products Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2022

1	General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 02981207.

The address of its registered office is:
16 Acfold Road
London
SW6 2AL

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer.

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Chiltern Concrete Products Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 March 2022 (continued)

2	Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2021 - 3).

4

Debtors

Current	2022 £	2021 £
Trade debtors	19,069	39,362
Prepayments	213	209
	19,282	39,571

5

Creditors

	2022 £	2021 £
Due within one year
Trade creditors	5,316	11,818
Taxation and social security	5,568	7,904
Other creditors	158	-
Accruals and deferred income	97	2,480
Corporation tax	3,846	1,667
	14,985	23,869