Concrete Structures Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 06261685 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2022

FOR

CONCRETE STRUCTURES LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D D Iliev

Mrs M Mitikova

REGISTERED OFFICE:

17 Exeter Road

London

N14 5JT

REGISTERED NUMBER:

06261685 (England and Wales)

ACCOUNTANTS:

Mountsides Limited

Chartered Accountants

2 Mountside

Stanmore

Middlesex

HA7 2DT

FIXED ASSETS

Tangible assets

5

2,098

2,302

CURRENT ASSETS

Debtors

441,987

296,390

Cash at bank

321,249

417,823

763,236

714,213

CREDITORS

Amounts falling due within one year

(85,626

)

(97,410

)

NET CURRENT ASSETS

677,610

616,803

TOTAL ASSETS LESS CURRENT LIABILITIES

679,708

619,105

CREDITORS

Amounts falling due after more than one year

(33,331

)

(50,000

)

NET ASSETS

646,377

569,105

CAPITAL AND RESERVES

Called up share capital

6

2,000

2,000

Retained earnings

644,377

567,105

SHAREHOLDERS' FUNDS

646,377

569,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2023 and were signed on its behalf by:

D D Iliev - Director

Mrs M Mitikova - Director

1.	STATUTORY INFORMATION

Concrete Structures Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents the invoiced value of services, excluding value added tax. Turnover has also been recognised in respect of ongoing services with the value of work completed but unbilled at balance sheet date being taken to turnover and the associated costs, where not invoiced at that date, being accrued for.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

GOVERNMENT GRANTS

Government grants are recognised at fair value when there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.

Grants related to purchase of assets are treated as deferred income and allocated to income statement over the useful lives of the related assets while grants related to expenses are treated as other income in the income statement

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2021

24,543

Additions

2,391

At 31 May 2022

26,934

DEPRECIATION

At 1 June 2021

22,241

Charge for year

2,595

At 31 May 2022

24,836

NET BOOK VALUE

At 31 May 2022

2,098

At 31 May 2021

2,302

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

2,000

Ordinary

1

2,000

2,000