Company Registration No. 10531481 (England and Wales)
Concrete (Brighton) Limited
Unaudited accounts
for the year ended 31 May 2020
Concrete (Brighton) Limited
Unaudited accounts
Contents
Concrete (Brighton) Limited
Company Information
for the year ended 31 May 2020
Company Number
10531481 (England and Wales)
Registered Office
101 St. James's Street
Brighton
BN2 1TP
Concrete (Brighton) Limited
Statement of financial position
as at 31 May 2020
Tangible assets
3,080
4,429
Cash at bank and in hand
67,281
2,500
Creditors: amounts falling due within one year
(78,385)
(23,776)
Net current liabilities
(6,865)
(15,044)
Total assets less current liabilities
(3,785)
(10,615)
Creditors: amounts falling due after more than one year
(40,000)
-
Net liabilities
(43,785)
(10,615)
Called up share capital
100
100
Profit and loss account
(43,885)
(10,715)
Shareholders' funds
(43,785)
(10,615)
For the year ending 31 May 2020 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 her 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 21 August 2021 and were signed on its behalf by
Ms K Doherty
Director
Company Registration No. 10531481
Concrete (Brighton) Limited
Notes to the Accounts
for the year ended 31 May 2020
Concrete (Brighton) Limited is a private company, limited by shares, registered in England and Wales, registration number 10531481. The registered office is 101 St. James's Street, Brighton , BN2 1TP.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
4
Tangible fixed assets
Fixtures & fittings
Concrete (Brighton) Limited
Notes to the Accounts
for the year ended 31 May 2020
5
Debtors: amounts falling due within one year
2020
2019
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
10,000
4,610
Taxes and social security
4,632
5,797
Loans from directors
56,184
12,507
7
Creditors: amounts falling due after more than one year
2020
2019
8
Average number of employees
During the year the average number of employees was 9 (2019: 8).
