IRIS Accounts Production v24.1.0.578 12947887 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129478872022-10-31129478872023-10-31129478872022-11-012023-10-31129478872021-10-31129478872021-11-012022-10-31129478872022-10-3112947887ns15:EnglandWales2022-11-012023-10-3112947887ns14:PoundSterling2022-11-012023-10-3112947887ns10:Director12022-11-012023-10-3112947887ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3112947887ns10:SmallEntities2022-11-012023-10-3112947887ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3112947887ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3112947887ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3112947887ns10:FullAccounts2022-11-012023-10-3112947887ns10:Director22022-11-012023-10-3112947887ns10:Director32022-11-012023-10-3112947887ns10:Director42022-11-012023-10-3112947887ns10:RegisteredOffice2022-11-012023-10-3112947887ns5:CurrentFinancialInstruments2023-10-3112947887ns5:CurrentFinancialInstruments2022-10-3112947887ns5:Non-currentFinancialInstruments2023-10-3112947887ns5:Non-currentFinancialInstruments2022-10-3112947887ns5:ShareCapital2023-10-3112947887ns5:ShareCapital2022-10-3112947887ns5:RetainedEarningsAccumulatedLosses2023-10-3112947887ns5:RetainedEarningsAccumulatedLosses2022-10-3112947887ns5:LandBuildings2022-11-012023-10-3112947887ns5:PlantMachinery2022-11-012023-10-3112947887ns5:LandBuildings2022-10-3112947887ns5:PlantMachinery2022-10-3112947887ns5:LandBuildings2023-10-3112947887ns5:PlantMachinery2023-10-3112947887ns5:LandBuildings2022-10-3112947887ns5:PlantMachinery2022-10-3112947887ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3112947887ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 12947887 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Cellerate Limited

Cellerate Limited (Registered number: 12947887)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cellerate Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Dr R P Fields
C Bartzis
A J Bento
M Greaves





REGISTERED OFFICE: Apartment 1702
Jefferson Place 1 Fernie
Manchester
Greater Manchester
M4 4BT





REGISTERED NUMBER: 12947887 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Cellerate Limited (Registered number: 12947887)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 193,680 78,112

CURRENT ASSETS
Debtors 5 409,959 10,908
Cash at bank 61,555 29,937
471,514 40,845
CREDITORS
Amounts falling due within one year 6 407,256 238,699
NET CURRENT ASSETS/(LIABILITIES) 64,258 (197,854 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

257,938

(119,742

)

CREDITORS
Amounts falling due after more than one
year

7

80,000

-
NET ASSETS/(LIABILITIES) 177,938 (119,742 )

CAPITAL AND RESERVES
Called up share capital 14 13
Retained earnings 177,924 (119,755 )
SHAREHOLDERS' FUNDS 177,938 (119,742 )

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

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

Cellerate Limited (Registered number: 12947887)

Balance Sheet - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2024 and were signed on its behalf by:





Dr R P Fields - Director


Cellerate Limited (Registered number: 12947887)

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

1. STATUTORY INFORMATION

Cellerate 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.

The financial statements are presented in sterling, which is the functional currency of the company, rounded to the nearest £1.

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.
Land and buildings - 10% on cost
Plant and machinery etc - 33% on cost and 20% on reducing balance

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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 7 (2022 - 5 ) .

Cellerate Limited (Registered number: 12947887)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022 - 89,390 89,390
Additions 88,943 64,506 153,449
At 31 October 2023 88,943 153,896 242,839
DEPRECIATION
At 1 November 2022 - 11,278 11,278
Charge for year 8,894 28,987 37,881
At 31 October 2023 8,894 40,265 49,159
NET BOOK VALUE
At 31 October 2023 80,049 113,631 193,680
At 31 October 2022 - 78,112 78,112

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 370,496 -
Other debtors 39,463 10,908
409,959 10,908

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 3,070 -
Hire purchase contracts 71,375 -
Trade creditors 4,658 31,396
Taxation and social security 13,720 (14 )
Other creditors 314,433 207,317
407,256 238,699

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Other creditors 80,000 -