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REGISTERED NUMBER: 03502477 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

FOR

CENTRAL EXTRUSIONS LIMITED

CENTRAL EXTRUSIONS LIMITED (REGISTERED NUMBER: 03502477)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CENTRAL EXTRUSIONS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023







DIRECTOR: R W Thorpe





REGISTERED OFFICE: Unit 7 Charlton Drive,
Corngreaves Trading Estate
Cradley Heath
West Midlands
B64 7BJ





REGISTERED NUMBER: 03502477 (England and Wales)





ACCOUNTANTS: Windsors Rybridge Ltd
No 9, Castle Court 2
Castlegate Way
Dudley
West Midlands
DY1 4RH

CENTRAL EXTRUSIONS LIMITED (REGISTERED NUMBER: 03502477)

BALANCE SHEET
31 DECEMBER 2023

31/12/23 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 233,613 275,384

CURRENT ASSETS
Stocks 188,683 204,452
Debtors 5 465,125 574,912
Cash at bank and in hand 164,999 88,634
818,807 867,998
CREDITORS
Amounts falling due within one year 6 506,194 583,400
NET CURRENT ASSETS 312,613 284,598
TOTAL ASSETS LESS CURRENT
LIABILITIES

546,226

559,982

CREDITORS
Amounts falling due after more than one
year

7

(22,091

)

(32,292

)

PROVISIONS FOR LIABILITIES (58,403 ) (42,077 )
NET ASSETS 465,732 485,613

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 465,730 485,611
SHAREHOLDERS' FUNDS 465,732 485,613

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CENTRAL EXTRUSIONS LIMITED (REGISTERED NUMBER: 03502477)

BALANCE SHEET - continued
31 DECEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2024 and were signed by:





R W Thorpe - Director


CENTRAL EXTRUSIONS LIMITED (REGISTERED NUMBER: 03502477)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

Central Extrusions 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 20% on cost
Plant and machinery etc - 25% on reducing balance and at varying rates on cost

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 period 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 period 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

CENTRAL EXTRUSIONS LIMITED (REGISTERED NUMBER: 03502477)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 15 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2023 79,716 575,320 162,700 39,098 856,834
Additions - 39,396 - - 39,396
At 31 December 2023 79,716 614,716 162,700 39,098 896,230
DEPRECIATION
At 1 April 2023 28,113 436,940 83,492 32,905 581,450
Charge for period 11,958 49,275 18,773 1,161 81,167
At 31 December 2023 40,071 486,215 102,265 34,066 662,617
NET BOOK VALUE
At 31 December 2023 39,645 128,501 60,435 5,032 233,613
At 31 March 2023 51,603 138,380 79,208 6,193 275,384

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 April 2023
and 31 December 2023 17,800
DEPRECIATION
At 1 April 2023 7,120
Charge for period 2,670
At 31 December 2023 9,790
NET BOOK VALUE
At 31 December 2023 8,010
At 31 March 2023 10,680

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/3/23
£    £   
Trade debtors 440,676 555,374
Amounts owed by group undertakings - 675
Other debtors 24,449 18,863
465,125 574,912

CENTRAL EXTRUSIONS LIMITED (REGISTERED NUMBER: 03502477)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/3/23
£    £   
Bank loans and overdrafts 9,646 9,646
Hire purchase contracts 3,695 3,551
Trade creditors 379,760 467,477
Taxation and social security 101,446 86,878
Other creditors 11,647 15,848
506,194 583,400

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/23 31/3/23
£    £   
Bank loans 17,796 25,190
Hire purchase contracts 4,295 7,102
22,091 32,292