Company Registration No. 10333284 (England and Wales)
Centurian Technology Limited
Unaudited accounts
for the year ended 31 December 2021
Centurian Technology Limited
Unaudited accounts
Contents
Centurian Technology Limited
Company Information
for the year ended 31 December 2021
Directors
Jichao Zhou
Jianni Guan
Company Number
10333284 (England and Wales)
Registered Office
6 Island Reach
Island Crescent
Newquay
TR7 1DZ
Accountants
Anthony Daniel Associates
10 Julian Place
London
E14 3AT
Centurian Technology Limited
Statement of financial position
as at 31 December 2021
Tangible assets
63,792
74,471
Cash at bank and in hand
104,639
24,616
Creditors: amounts falling due within one year
5,934
(12,412)
Net current assets
112,321
89,389
Net assets
176,113
163,860
Called up share capital
2
2
Profit and loss account
176,111
163,858
Shareholders' funds
176,113
163,860
For the year ending 31 December 2021 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.
The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2022 and were signed on its behalf by
Jianni Guan
Director
Company Registration No. 10333284
Centurian Technology Limited
Notes to the Accounts
for the year ended 31 December 2021
Centurian Technology Limited is a private company, limited by shares, registered in England and Wales, registration number 10333284. The registered office is 6 Island Reach, Island Crescent, Newquay, TR7 1DZ.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Motor vehicles
20% on cost
Computer equipment
20% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Centurian Technology Limited
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2021
56,790
34,923
91,713
At 31 December 2021
56,790
43,299
100,089
At 1 January 2021
9,465
7,777
17,242
Charge for the year
11,358
7,697
19,055
At 31 December 2021
20,823
15,474
36,297
At 31 December 2021
35,967
27,825
63,792
At 31 December 2020
47,325
27,146
74,471
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
176
985
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
8,437
27,761
Other creditors
4,781
2,703
Loans from directors
(20,002)
(20,002)
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
The ultimate controlling party is Ms. Jianni Guan, who is the company's director and wholly owned the company shares.
The company has declared ordinary share dividend in the sum of £30,000 for the year ended 31 December 2021.
9
Average number of employees
During the year the average number of employees was 2 (2020: 2).