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REGISTERED NUMBER: 11286415 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Cert Developments Ltd

Cert Developments Ltd (Registered number: 11286415)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Cert Developments Ltd

Company Information
for the year ended 31 March 2023







DIRECTORS: Mr K D Rayner
Mrs S G Rayner





REGISTERED OFFICE: Kite View
67E High Street
Sutton Courtenay
Abingdon
Oxfordshire
OX14 4AT





REGISTERED NUMBER: 11286415 (England and Wales)





ACCOUNTANTS: Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF

Cert Developments Ltd (Registered number: 11286415)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 717,856 556,732

CURRENT ASSETS
Debtors 5 107,778 6,111
Cash at bank 159,641 215,713
267,419 221,824
CREDITORS
Amounts falling due within one year 6 455,358 424,130
NET CURRENT LIABILITIES (187,939 ) (202,306 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

529,917

354,426

PROVISIONS FOR LIABILITIES 1,493 2,030
NET ASSETS 528,424 352,396

CAPITAL AND RESERVES
Called up share capital 102 102
Revaluation reserve 7 163,951 -
Retained earnings 364,371 352,294
SHAREHOLDERS' FUNDS 528,424 352,396

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Cert Developments Ltd (Registered number: 11286415)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 17 October 2023 and were signed on its behalf by:




Mr K D Rayner - Director



Mrs S G Rayner - Director


Cert Developments Ltd (Registered number: 11286415)

Notes to the Financial Statements
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Cert Developments Ltd 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 as modified by the revaluation of certain assets.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Cert Developments Ltd (Registered number: 11286415)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 April 2022 546,049 25,529 571,578
Disposals - (1,000 ) (1,000 )
Revaluations 163,951 - 163,951
At 31 March 2023 710,000 24,529 734,529
DEPRECIATION
At 1 April 2022 - 14,846 14,846
Charge for year - 2,424 2,424
Eliminated on disposal - (597 ) (597 )
At 31 March 2023 - 16,673 16,673
NET BOOK VALUE
At 31 March 2023 710,000 7,856 717,856
At 31 March 2022 546,049 10,683 556,732

Cost or valuation at 31 March 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2023 163,951 - 163,951
Cost 546,049 24,529 570,578
710,000 24,529 734,529

If 32-40 High Street OX14 4AP had not been revalued they would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 546,049 -

Value of land in freehold land and buildings 710,000 -

32-40 High Street OX14 4AP were valued on an open market basis on 30 January 2023 by Finders Keepers .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 97,775 -
Other debtors 10,003 6,111
107,778 6,111

Cert Developments Ltd (Registered number: 11286415)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 4,293 1,298
Other creditors 451,065 422,832
455,358 424,130

7. RESERVES
Revaluation
reserve
£   
Freehold Property Revaluation 163,951

At 31 March 2023 163,951

Cert Developments Ltd

Report of the Accountants to the Directors of
Cert Developments Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF


Date: .............................................