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REGISTERED NUMBER: 01921649 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Century Engineering And Refrigeration
Installations Limited

Century Engineering And Refrigeration
Installations Limited (Registered number: 01921649)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Century Engineering And Refrigeration
Installations Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: J Hazelton
Ms E Hazelton
D Manning
P Sniders





SECRETARY: Ms E Hazelton





REGISTERED OFFICE: Unit 7, Monaco Works
Station Road
Kings Langley
HERTS.
WD4 8LQ





REGISTERED NUMBER: 01921649 (England and Wales)





ACCOUNTANTS: Paul Barnes FCCA
Sun Room
8 Copperkins Grove
Amersham
Buckinghamshire
HP6 5QD

Century Engineering And Refrigeration
Installations Limited (Registered number: 01921649)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 214,267 170,692

CURRENT ASSETS
Stocks 99,188 90,563
Debtors 5 481,726 446,467
Cash at bank and in hand 700,172 499,981
1,281,086 1,037,011
CREDITORS
Amounts falling due within one year 6 635,163 330,678
NET CURRENT ASSETS 645,923 706,333
TOTAL ASSETS LESS CURRENT LIABILITIES 860,190 877,025

CAPITAL AND RESERVES
Called up share capital 610 695
Other reserves (374,828 ) (291,989 )
Retained earnings 1,234,408 1,168,319
SHAREHOLDERS' FUNDS 860,190 877,025

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





J Hazelton - Director


Century Engineering And Refrigeration
Installations Limited (Registered number: 01921649)

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

1. STATUTORY INFORMATION

Century Engineering And Refrigeration Installations 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.

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.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Current or deferred 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.

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 22 (2022 - 15 ) .

Century Engineering And Refrigeration
Installations Limited (Registered number: 01921649)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 243,365 15,497 266,902 91,151 616,915
Additions - - 97,315 1,804 99,119
Disposals - - (24,935 ) - (24,935 )
At 31 October 2023 243,365 15,497 339,282 92,955 691,099
DEPRECIATION
At 1 November 2022 143,327 14,298 212,099 76,499 446,223
Charge for year 9,735 399 42,522 2,888 55,544
Eliminated on disposal - - (24,935 ) - (24,935 )
At 31 October 2023 153,062 14,697 229,686 79,387 476,832
NET BOOK VALUE
At 31 October 2023 90,303 800 109,596 13,568 214,267
At 31 October 2022 100,038 1,199 54,803 14,652 170,692

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 468,285 432,350
Other debtors 13,441 14,117
481,726 446,467

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 359,604 222,432
Taxation and social security 125,684 79,152
Other creditors 149,875 29,094
635,163 330,678

7. RELATED PARTY DISCLOSURES

Century Engineering Refrigeration Company ("CERCO")
An unincorporated business of which Mr J L Hazelton, a shareholder in the Company, is the proprietor.

During the year under review and on arms length arrangements on a project by project basis, CERCO provided materials and contracting services, some of which were on a pass through basis, to the Company to the value of £23,356 (2022 - £38,181).