IRIS Accounts Production v22.2.0.402 03559308 Board of Directors 1.1.21 31.12.21 31.12.21 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure035593082020-12-31035593082021-12-31035593082021-01-012021-12-31035593082019-12-31035593082020-01-012020-12-31035593082020-12-3103559308ns16:EnglandWales2021-01-012021-12-3103559308ns15:PoundSterling2021-01-012021-12-3103559308ns11:Director12021-01-012021-12-3103559308ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3103559308ns11:SmallEntities2021-01-012021-12-3103559308ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3103559308ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3103559308ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3103559308ns11:FullAccounts2021-01-012021-12-3103559308ns11:OrdinaryShareClass12021-01-012021-12-3103559308ns11:Director22021-01-012021-12-3103559308ns11:CompanySecretary12021-01-012021-12-3103559308ns11:RegisteredOffice2021-01-012021-12-3103559308ns6:CurrentFinancialInstruments2021-12-3103559308ns6:CurrentFinancialInstruments2020-12-3103559308ns6:ShareCapital2021-12-3103559308ns6:ShareCapital2020-12-3103559308ns6:RetainedEarningsAccumulatedLosses2021-12-3103559308ns6:RetainedEarningsAccumulatedLosses2020-12-3103559308ns6:PlantMachinery2021-01-012021-12-3103559308ns6:PlantMachinery2020-12-3103559308ns6:MotorVehicles2020-12-3103559308ns6:MotorVehicles2021-01-012021-12-3103559308ns6:PlantMachinery2021-12-3103559308ns6:MotorVehicles2021-12-3103559308ns6:PlantMachinery2020-12-3103559308ns6:MotorVehicles2020-12-3103559308ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3103559308ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-3103559308ns11:OrdinaryShareClass12021-12-31
REGISTERED NUMBER: 03559308 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

Central C. N. C. Machinery Limited

Central C. N. C. Machinery Limited (Registered number: 03559308)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Central C. N. C. Machinery Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: Mr S Merewood
Mrs S J Merewood





SECRETARY: Mrs S J Merewood





REGISTERED OFFICE: Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW





REGISTERED NUMBER: 03559308 (England and Wales)





ACCOUNTANTS: Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

Central C. N. C. Machinery Limited (Registered number: 03559308)

Statement of Financial Position
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 75,001 36,274

CURRENT ASSETS
Stocks 5,780 5,780
Debtors 6 23,090 25,618
Cash at bank and in hand 446,025 337,915
474,895 369,313
CREDITORS
Amounts falling due within one year 7 92,425 61,554
NET CURRENT ASSETS 382,470 307,759
TOTAL ASSETS LESS CURRENT
LIABILITIES

457,471

344,033

PROVISIONS FOR LIABILITIES 14,250 6,892
NET ASSETS 443,221 337,141

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 443,121 337,041
SHAREHOLDERS' FUNDS 443,221 337,141

Central C. N. C. Machinery Limited (Registered number: 03559308)

Statement of Financial Position - continued
31 December 2021


The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2022 and were signed on its behalf by:





Mr S Merewood - Director


Central C. N. C. Machinery Limited (Registered number: 03559308)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Central C. N. C. Machinery Limited 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 on a going concern basis under the historical cost convention.

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

Turnover
Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods and services falling within the company's ordinary activities. Turnover is recognised at the point of despatch of the goods and at the point of providing the service.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

All fixed assets are initially recorded at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


Central C. N. C. Machinery Limited (Registered number: 03559308)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 (2020 - 3 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2021 13,923 32,454 46,377
Additions - 49,456 49,456
At 31 December 2021 13,923 81,910 95,833
DEPRECIATION
At 1 January 2021 9,925 178 10,103
Charge for year 599 10,130 10,729
At 31 December 2021 10,524 10,308 20,832
NET BOOK VALUE
At 31 December 2021 3,399 71,602 75,001
At 31 December 2020 3,998 32,276 36,274

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 22,277 20,900
Other debtors 813 4,718
23,090 25,618

Central C. N. C. Machinery Limited (Registered number: 03559308)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 1 -
Trade creditors 25,673 30,397
Taxation and social security 19,602 12,410
Other creditors 47,149 18,747
92,425 61,554

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary £1 100 100