Company Registration No. 4175656 (England and Wales)
Concurrent Systems Incorporated Limited
Unaudited accounts
for the year ended 31 March 2018
Concurrent Systems Incorporated Limited
Unaudited accounts
Contents
Concurrent Systems Incorporated Limited
Company Information
for the year ended 31 March 2018
Directors
SJ McBurnie
C Mann
PR Cook
J Nicklin
Company Number
4175656 (England and Wales)
Registered Office
The Pavillion
Newbury business Park
NEWBURY
Berks
Accountants
Witcombs
Turnfields Gate
THATCHAM
Berks
RG19 4PT
Concurrent Systems Incorporated Limited
Statement of financial position
as at 31 March 2018
Tangible assets
9,456
8,095
Cash at bank and in hand
604,792
501,187
Creditors: amounts falling due within one year
(352,278)
(321,031)
Net current assets
464,801
423,793
Net assets
474,257
431,888
Called up share capital
600
600
Profit and loss account
473,657
431,288
Shareholders' funds
474,257
431,888
For the year ending 31 March 2018 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.
Approved by the Board on 12 June 2018.
SJ McBurnie
Director
Company Registration No. 4175656
Concurrent Systems Incorporated Limited
Notes to the Accounts
for the year ended 31 March 2018
Concurrent Systems Incorporated Limited is a private company, limited by shares, registered in England and Wales, registration number 4175656. The registered office is The Pavillion, Newbury business Park, NEWBURY, Berks.
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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:
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Tangible fixed assets
Computer equipment
Trade debtors
183,787
182,137
Accrued income and prepayments
13,500
6,000
Other debtors
15,000
55,500
Concurrent Systems Incorporated Limited
Notes to the Accounts
for the year ended 31 March 2018
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Creditors: amounts falling due within one year
2018
2017
Trade creditors
42,683
27,587
Taxes and social security
56,675
41,699
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Average number of employees
During the year the average number of employees was 14 (2017: 15).
