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REGISTERED NUMBER: 07525278 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Preserva CSS Limited

Preserva CSS Limited (Registered number: 07525278)






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


Preserva CSS Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: D M Donnelly
S D Donnelly
G R Bartram
R Donnelly





REGISTERED OFFICE: 15a Handyside Street
Derby
Derbyshire
DE1 3BY





REGISTERED NUMBER: 07525278 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Preserva CSS Limited (Registered number: 07525278)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 384,294 405,108
Investment property 5 400,385 400,385
784,679 805,493

CURRENT ASSETS
Stocks 84,791 195,305
Debtors 6 406,604 374,920
Cash at bank and in hand 288,084 273,133
779,479 843,358
CREDITORS
Amounts falling due within one year 7 495,273 513,969
NET CURRENT ASSETS 284,206 329,389
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,068,885

1,134,882

CREDITORS
Amounts falling due after more than one
year

8

293,825

322,349
NET ASSETS 775,060 812,533

CAPITAL AND RESERVES
Called up share capital 85 85
Capital redemption reserve 15 15
Retained earnings 774,960 812,433
SHAREHOLDERS' FUNDS 775,060 812,533

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.

Preserva CSS Limited (Registered number: 07525278)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by:





S D Donnelly - Director


Preserva CSS Limited (Registered number: 07525278)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Preserva CSS Limited 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 represents net invoiced sales of goods and services excluding value added tax and is recognised in the period in which the goods and services were provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is not depreciated but is revalued annually at its fair value in accordance with Section 1A "Small Entities" of Financial Reporting Standard 102. Any aggregate surplus or deficit arising from changes in fair value are taken to the profit and loss account.

Stocks and work in progress
Stocks and work in progress 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 expenditure and is calculated on a first in first out basis.

Leasing commitments
Rentals received under operating leases are charged to the profit and loss account as incurred.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2022 - 31 ) .

Preserva CSS Limited (Registered number: 07525278)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2022 335,872 36,411 49,240 252,665 674,188
Additions - - - 14,495 14,495
Disposals - - - (15,750 ) (15,750 )
At 31 March 2023 335,872 36,411 49,240 251,410 672,933
DEPRECIATION
At 1 April 2022 46,462 18,683 28,004 175,931 269,080
Charge for year 6,717 2,658 3,299 21,904 34,578
Eliminated on disposal - - - (15,019 ) (15,019 )
At 31 March 2023 53,179 21,341 31,303 182,816 288,639
NET BOOK VALUE
At 31 March 2023 282,693 15,070 17,937 68,594 384,294
At 31 March 2022 289,410 17,728 21,236 76,734 405,108

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 400,385
NET BOOK VALUE
At 31 March 2023 400,385
At 31 March 2022 400,385

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2023 400,385

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 400,385 400,385
Aggregate depreciation (57,717 ) (49,709 )

Investment property was valued on a fair value basis on 31 March 2023 by the directors .

Preserva CSS Limited (Registered number: 07525278)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 218,000 201,362
Amounts owed by related parties 128,726 128,100
Other debtors 11,499 3,643
Directors' current accounts 23,160 16,180
Prepayments 25,219 25,635
406,604 374,920

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 27,049 27,305
Trade creditors 387,104 368,764
Tax 17,033 36,062
Social security and other taxes 30,223 50,112
Other creditors 2,525 4,442
Directors' current accounts 14,619 10,176
Accrued expenses 16,720 17,108
495,273 513,969

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loan - 1-2 years 28,136 26,965
Bank loan - 2-5 years 91,411 87,575
Bank loan over 5 years 174,278 207,809
293,825 322,349

Amounts falling due in more than five years:

Repayable by instalments
Bank loan over 5 years 174,278 207,809

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 320,874 349,654

Bank loans are secured against the properties held by the company.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors maintain loan accounts with the company. At the balance sheet date the amounts owing to and from the directors are shown in the notes. Advances to directors are interest free and repayable upon demand.