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
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
Central Retail Stores Ltd
Statement of financial position
as at 31 December 2022
Intangible assets
4,000
5,000
Tangible assets
106,491
86,043
Cash at bank and in hand
(267)
396
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)
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
Central Retail Stores Ltd
Notes to the Accounts
for the year ended 31 December 2022
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2022
10,000
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
At 31 December 2022
18,250
281,776
300,026
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
At 31 December 2022
6,084
100,407
106,491
At 31 December 2021
12,167
73,876
86,043
Amounts falling due within one year
Other debtors
34,779
39,669
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,648
10,648
Trade creditors
33,336
16,925
Taxes and social security
4,041
4,804
Loans from directors
464
8,341
8
Creditors: amounts falling due after more than one year
2022
2021
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).