Central Solutions (GB) Limited |
Registered Number:05706781 |
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2023
Central Solutions (GB) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Central Solutions (GB) Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
32,285
137,854
2
32,285
137,854
46,481
47,103
3
Trade and other receivables |
97,559
94,381
4
317,135
Cash and cash equivalents |
460,684
602,168
461,175
Trade and other payables: amounts falling due within one |
year |
(118,133)
(246,974)
5
343,042
355,194
Net current assets
Total assets less current liabilities |
387,479
480,896
Trade and other payables: amounts falling due after more |
than one year |
(34,171)
(24,167)
6
363,312
Net assets
446,725
2
2
363,310
446,723
363,312
446,725
Shareholders' funds
For the year ended 31 January 2023 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 of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Richard Mason Director |
These financial statements were approved and authorised for issue by the Board on 19 October 2023 and were signed by: |
The notes form part of these financial statements |
1 of 4
For the year ended 31 January 2023
Central Solutions (GB) Limited
Notes to the Financial Statements
Statutory Information
Central Solutions (GB) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 05706781. |
6 The Row
Old Cantley
Doncaster
South Yorkshire
DN3 3QJ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
2 of 4
For the year ended 31 January 2023
Central Solutions (GB) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
252,958
18,211
120,369
25,418
88,960
1,519
453
-
1,066
-
-
(23,277)
-
(88,960)
(112,237)
26,484
97,092
18,664
142,240
-
Provision for depreciation and impairment |
115,104
11,677
86,796
16,631
-
Charge for year
10,763
1,748
6,552
2,463
-
(15,912)
-
(15,912)
-
-
109,955
13,425
77,436
19,094
-
-
7,390
19,656
5,239
32,285
88,960
8,787
33,573
6,534
137,854
2022
2023
47,103
46,481
4. Trade and other receivables |
2022
2023
92,861
94,879
1,520
2,680
97,559
94,381
3 of 4
For the year ended 31 January 2023
Central Solutions (GB) Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2022
2023
10,000
9,996
73,195
60,317
Taxation and social security |
17,408
26,656
146,371
21,164
246,974
118,133
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
24,167
34,171
7. Average number of persons employed |
During the year the average number of employees was 5 (2022 : 5)
4 of 4