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Company Registration No. 09650679 (England and Wales)
Central Retail Stores Ltd Unaudited accounts for the year ended 31 December 2022
Central Retail Stores Ltd Unaudited accounts Contents
Page
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Central Retail Stores Ltd Company Information for the year ended 31 December 2022
Director
Balraj Singh Dhaliwal
Company Number
09650679 (England and Wales)
Registered Office
22 CHESTER ROAD SUTTON COLDFIELD B73 5DA ENGLAND
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Central Retail Stores Ltd Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,000 
5,000 
Tangible assets
106,491 
86,043 
110,491 
91,043 
Current assets
Inventories
39,550 
14,550 
Debtors
44,347 
49,237 
Cash at bank and in hand
(267)
396 
83,630 
64,183 
Creditors: amounts falling due within one year
(49,611)
(42,260)
Net current assets
34,019 
21,923 
Total assets less current liabilities
144,510 
112,966 
Creditors: amounts falling due after more than one year
(23,378)
(34,027)
Net assets
121,132 
78,939 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
121,131 
78,938 
Shareholders' funds
121,132 
78,939 
For the year ending 31 December 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 March 2024 and were signed on its behalf by
Balraj Singh Dhaliwal Director Company Registration No. 09650679
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Central Retail Stores Ltd Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Central Retail Stores Ltd is a private company, limited by shares, registered in England and Wales, registration number 09650679. The registered office is 22 CHESTER ROAD, SUTTON COLDFIELD, B73 5DA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2022
10,000 
At 31 December 2022
10,000 
Amortisation
At 1 January 2022
5,000 
Charge for the year
1,000 
At 31 December 2022
6,000 
Net book value
At 31 December 2022
4,000 
At 31 December 2021
5,000 
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Central Retail Stores Ltd Notes to the Accounts for the year ended 31 December 2022
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2022
18,250 
236,776 
255,026 
Additions
- 
45,000 
45,000 
At 31 December 2022
18,250 
281,776 
300,026 
Depreciation
At 1 January 2022
6,083 
162,900 
168,983 
Charge for the year
6,083 
18,469 
24,552 
At 31 December 2022
12,166 
181,369 
193,535 
Net book value
At 31 December 2022
6,084 
100,407 
106,491 
At 31 December 2021
12,167 
73,876 
86,043 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,568 
9,568 
Other debtors
34,779 
39,669 
44,347 
49,237 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
1,122 
1,542 
Trade creditors
33,336 
16,925 
Taxes and social security
4,041 
4,804 
Loans from directors
464 
8,341 
49,611 
42,260 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
23,378 
34,027 
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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