IRIS Accounts Production v24.1.0.578 06519705 director 1.11.22 31.10.23 31.10.23 31.7.24 0 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065197052022-10-31065197052023-10-31065197052022-11-012023-10-31065197052021-10-31065197052021-11-012022-10-31065197052022-10-3106519705ns15:EnglandWales2022-11-012023-10-3106519705ns14:PoundSterling2022-11-012023-10-3106519705ns10:Director12022-11-012023-10-3106519705ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3106519705ns10:SmallEntities2022-11-012023-10-3106519705ns10:Audited2022-11-012023-10-3106519705ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3106519705ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3106519705ns10:FullAccounts2022-11-012023-10-3106519705ns10:OrdinaryShareClass12022-11-012023-10-3106519705ns10:CompanySecretary12022-11-012023-10-3106519705ns10:RegisteredOffice2022-11-012023-10-3106519705ns5:CurrentFinancialInstruments2023-10-3106519705ns5:CurrentFinancialInstruments2022-10-3106519705ns5:ShareCapital2023-10-3106519705ns5:ShareCapital2022-10-3106519705ns5:RetainedEarningsAccumulatedLosses2023-10-3106519705ns5:RetainedEarningsAccumulatedLosses2022-10-3106519705ns5:FurnitureFittings2022-10-3106519705ns5:FurnitureFittings2023-10-3106519705ns5:FurnitureFittings2022-10-3106519705ns10:OrdinaryShareClass12023-10-31
REGISTERED NUMBER: 06519705 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CSS ON-TRADE LIMITED

CSS ON-TRADE LIMITED (REGISTERED NUMBER: 06519705)






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


CSS ON-TRADE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: B K H Thakrar





SECRETARY: Mrs S Crompton





REGISTERED OFFICE: Unit 3 Crompton Way
Segensworth West
Fareham
Hampshire
PO15 5SS





REGISTERED NUMBER: 06519705 (England and Wales)





AUDITORS: Watson Associates (Audit Services) Ltd
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

CSS ON-TRADE LIMITED (REGISTERED NUMBER: 06519705)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £   

CREDITORS
Amounts falling due within one year 5 (399,969 ) (399,819 )
NET CURRENT LIABILITIES (399,969 ) (399,819 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(399,969

)

(399,819

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings (400,069 ) (399,919 )
SHAREHOLDERS' FUNDS (399,969 ) (399,819 )

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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2024 and were signed by:





B K H Thakrar - Director


CSS ON-TRADE LIMITED (REGISTERED NUMBER: 06519705)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

CSS On-Trade 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of the financial assets and liabilities like trade and other accounts receivable and payable, loans from bank and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at the amortised cost using the effective interest method

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is no intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


CSS ON-TRADE LIMITED (REGISTERED NUMBER: 06519705)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 November 2022
and 31 October 2023 26,708
DEPRECIATION
At 1 November 2022
and 31 October 2023 26,708
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 399,969 399,819

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen James Moore (Senior Statutory Auditor)
for and on behalf of Watson Associates (Audit Services) Ltd

CSS ON-TRADE LIMITED (REGISTERED NUMBER: 06519705)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

8. OTHER FINANCIAL COMMITMENTS

The company provided security to its bankers way of a fixed and floating charge over the assets of the company.

As a result of the registration for VAT purposes, the company is held jointly and severally liable for VAT liabilities that may fall due in other companies within the VAT group.

9. GOING CONCERN

The directors consider it appropriate to prepare these financial statements on a going concern basis.

The company is closely monitored by the directors and the after effect of the pandemic on the hospitality industry. The company has seen an increase in trading following the easing of lockdown measures and continues to receive support from its bankers and parent company. In addition, forecasts have been prepared which indicate the company will have sufficient funds to meet its liabilities. The company has access to cash balances, if required, from associates companies and beneficial owners and is therefore well places to cover working capital and funding requirements.