Registered number
14291570
The Centurion Crookhorn Ltd
Filleted Accounts
31 August 2023
The Centurion Crookhorn Ltd
Registered number: 14291570
Balance Sheet
as at 31 August 2023
Notes 2023
£
Fixed assets
Tangible assets 3 3,175
Current assets
Debtors 4 3,582
Cash at bank and in hand 11,613
15,195
Creditors: amounts falling due within one year 5 (17,381)
Net current liabilities (2,186)
Total assets less current liabilities 989
Provisions for liabilities (603)
Net assets 386
Capital and reserves
Called up share capital 100
Profit and loss account 286
Shareholders' funds 386
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr R Mullett
Director
Approved by the board on 31 January 2024
The Centurion Crookhorn Ltd
Notes to the Accounts
for the period from 12 August 2022 to 31 August 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023
Number
Average number of persons employed by the company 12
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 3,965
At 31 August 2023 3,965
Depreciation
Charge for the period 790
At 31 August 2023 790
Net book value
At 31 August 2023 3,175
4 Debtors 2023
£
Other debtors 3,582
5 Creditors: amounts falling due within one year 2023
£
Trade creditors 142
Taxation and social security costs 8,451
Other creditors 8,788
17,381
6 Related party transactions
Included within other debtors is the amount of £362 owed by the director. This amount is undated, unsecured and repayable upon demand.
7 Controlling party
The controlling party is Mr R Mullett, as the director and shareholder.
8 Other information
The Centurion Crookhorn Ltd is a private company limited by shares and incorporated in England. Its registered office is:
1 The Briars
Waterberry Drive
Waterlooville
Hampshire
PO7 7YH
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