IRIS Accounts Production v23.2.0.158 07525532 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075255322022-02-28075255322023-02-28075255322022-03-012023-02-28075255322021-02-28075255322021-03-012022-02-28075255322022-02-2807525532ns10:Originalns15:EnglandWales2022-03-012023-02-2807525532ns14:PoundSterlingns10:Original2022-03-012023-02-2807525532ns10:Originalns10:Director12022-03-012023-02-2807525532ns10:Original2022-03-012023-02-2807525532ns10:Original2023-02-2807525532ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2807525532ns10:Originalns10:SmallEntities2022-03-012023-02-2807525532ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2807525532ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2807525532ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2807525532ns10:Originalns10:FullAccounts2022-03-012023-02-2807525532ns10:Originalns10:RegisteredOffice2022-03-012023-02-2807525532ns10:Original2022-02-2807525532ns10:Originalns5:CurrentFinancialInstruments2023-02-2807525532ns10:Originalns5:CurrentFinancialInstruments2022-02-2807525532ns10:Originalns5:Non-currentFinancialInstruments2023-02-2807525532ns10:Originalns5:Non-currentFinancialInstruments2022-02-2807525532ns5:ShareCapitalns10:Original2023-02-2807525532ns5:ShareCapitalns10:Original2022-02-2807525532ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2807525532ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2807525532ns10:Originalns5:FurnitureFittings2022-03-012023-02-2807525532ns10:Original2021-03-012022-02-2807525532ns10:Originalns5:FurnitureFittings2022-02-2807525532ns10:Originalns5:MotorVehicles2022-02-2807525532ns10:Originalns5:ComputerEquipment2022-02-2807525532ns10:Original2022-02-2807525532ns10:Originalns5:MotorVehicles2022-03-012023-02-2807525532ns10:Originalns5:ComputerEquipment2022-03-012023-02-2807525532ns10:Originalns5:FurnitureFittings2023-02-2807525532ns10:Originalns5:MotorVehicles2023-02-2807525532ns10:Originalns5:ComputerEquipment2023-02-2807525532ns10:Originalns5:FurnitureFittings2022-02-2807525532ns10:Originalns5:MotorVehicles2022-02-2807525532ns10:Originalns5:ComputerEquipment2022-02-2807525532ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-02-2807525532ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-03-012023-02-2807525532ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2807525532ns10:Originalns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-02-2807525532ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2807525532ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
REGISTERED NUMBER: 07525532 (England and Wales)







Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Central Building Services (SW) Limited

Central Building Services (SW) Limited (Registered number: 07525532)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Central Building Services (SW) Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: D P Newman





REGISTERED OFFICE: Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST





REGISTERED NUMBER: 07525532 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Central Building Services (SW) Limited (Registered number: 07525532)

Statement of Financial Position
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,383 34,282

CURRENT ASSETS
Stocks 24,243 38,870
Debtors 5 40,650 41,804
Cash at bank and in hand 100 11,892
64,993 92,566
CREDITORS
Amounts falling due within one year 6 94,981 85,675
NET CURRENT (LIABILITIES)/ASSETS (29,988 ) 6,891
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,605

)

41,173

CREDITORS
Amounts falling due after more than one
year

7

(22,933

)

(26,936

)

PROVISIONS FOR LIABILITIES - (6,514 )
NET (LIABILITIES)/ASSETS (27,538 ) 7,723

Central Building Services (SW) Limited (Registered number: 07525532)

Statement of Financial Position - continued
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (27,638 ) 7,623
SHAREHOLDERS' FUNDS (27,538 ) 7,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 October 2023 and were signed by:





D P Newman - Director


Central Building Services (SW) Limited (Registered number: 07525532)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Central Building Services (SW) 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.


Central Building Services (SW) Limited (Registered number: 07525532)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Going concern
The accounts have been prepared on a going concern basis, despite the fact that liabilities exceed assets. The director has given an undertaking to support the company until it returns to a net assets position. He considers that it is appropriate to prepare the accounts on the going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

Central Building Services (SW) Limited (Registered number: 07525532)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022 2,471 62,372 214 65,057
Additions - 2,500 - 2,500
At 28 February 2023 2,471 64,872 214 67,557
DEPRECIATION
At 1 March 2022 2,247 28,404 124 30,775
Charge for year 56 11,321 22 11,399
At 28 February 2023 2,303 39,725 146 42,174
NET BOOK VALUE
At 28 February 2023 168 25,147 68 25,383
At 28 February 2022 224 33,968 90 34,282

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2022
and 28 February 2023 35,283
DEPRECIATION
At 1 March 2022 8,821
Charge for year 8,820
At 28 February 2023 17,641
NET BOOK VALUE
At 28 February 2023 17,642
At 28 February 2022 26,462

Central Building Services (SW) Limited (Registered number: 07525532)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 35,633 36,709
Tax 4,217 4,295
Prepayments and accrued income 800 800
40,650 41,804

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 2,036 -
Hire purchase contracts 4,553 5,103
Trade creditors 13,988 14,535
Tax - 78
Social security and other taxes 3,943 5,735
VAT 43,096 33,616
Directors' current accounts 18,092 17,982
Accrued expenses 9,273 8,626
94,981 85,675

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 22,933 26,936

8. RELATED PARTY DISCLOSURES

Mr D Newman
Director 2023 2022

Dividends 0 2,000

Capital introduced/(Withdrawn) 110 13,447

At the year end, the company owed the director £18,092 (2022 - £17,982).

9. ULTIMATE CONTROLLING PARTY

The controlling party is D P Newman.