Company registration number 09869235 (England and Wales)
CENTRAL GROUP (NOTTINGHAM) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH REGISTRAR
CENTRAL GROUP (NOTTINGHAM) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CENTRAL GROUP (NOTTINGHAM) LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2023
31 January 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
2,400,000
2,400,000
Current assets
Debtors
4
68,800
16,667
Cash at bank and in hand
93,396
106,827
162,196
123,494
Creditors: amounts falling due within one year
5
(18,000)
Net current assets
162,196
105,494
Net assets
2,562,196
2,505,494
Capital and reserves
Called up share capital
6
5,100
6,000
Capital redemption reserve
900
Profit and loss reserves
2,556,196
2,499,494
Total equity
2,562,196
2,505,494
The notes on pages 2 to 3 form part of these financial statements.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 16 October 2023 and are signed on its behalf by:
M J Dilks
Director
Company registration number 09869235 (England and Wales)
CENTRAL GROUP (NOTTINGHAM) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
- 2 -
1
Accounting policies
Company information
Central Group (Nottingham) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Central House, 25 Palm Street, New Basford, Nottingham, NG7 7HS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Preparation of consolidated financial statements
The financial statements contain information about Central Group (Nottingham) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group
1.2
Fixed asset investments
Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
6
5
3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
2,400,000
2,400,000
CENTRAL GROUP (NOTTINGHAM) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2023
- 3 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
68,800
Other debtors
16,667
68,800
16,667
5
Creditors: amounts falling due within one year
2023
2022
£
£
Amounts owed to group undertakings
18,000
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
5,100
6,000
5,100
6,000
7
Audit report information
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
Senior Statutory Auditor:
Sara Dawson
Statutory Auditor:
Taylor Dawson Plumb Limited