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REGISTERED NUMBER: 11286415 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Cert Developments Ltd

Cert Developments Ltd (Registered number: 11286415)

Contents of the Financial Statements
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Cert Developments Ltd

Company Information
for the year ended 31 March 2024







DIRECTORS: Mr K D Rayner
Mrs S G Rayner





REGISTERED OFFICE: Kite View
67E High Street
Sutton Courtenay
Abingdon
Oxfordshire
OX14 4AT





REGISTERED NUMBER: 11286415 (England and Wales)





ACCOUNTANTS: Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF

Cert Developments Ltd (Registered number: 11286415)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 740,697 717,856

CURRENT ASSETS
Debtors 5 7,342 107,778
Cash at bank 33,091 159,641
40,433 267,419
CREDITORS
Amounts falling due within one year 6 252,997 455,358
NET CURRENT LIABILITIES (212,564 ) (187,939 )
TOTAL ASSETS LESS CURRENT LIABILITIES 528,133 529,917

PROVISIONS FOR LIABILITIES - 1,493
NET ASSETS 528,133 528,424

CAPITAL AND RESERVES
Called up share capital 102 102
Revaluation reserve 7 163,951 163,951
Retained earnings 364,080 364,371
SHAREHOLDERS' FUNDS 528,133 528,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Cert Developments Ltd (Registered number: 11286415)

Balance Sheet - continued
31 March 2024


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 29 August 2024 and were signed on its behalf by:




Mr K D Rayner - Director



Mrs S G Rayner - Director


Cert Developments Ltd (Registered number: 11286415)

Notes to the Financial Statements
for the year ended 31 March 2024


1. STATUTORY INFORMATION

Cert Developments Ltd 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 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 and 20% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Cert Developments Ltd (Registered number: 11286415)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 710,000 24,529 734,529
Additions - 30,990 30,990
Disposals - (19,854 ) (19,854 )
At 31 March 2024 710,000 35,665 745,665
DEPRECIATION
At 1 April 2023 - 16,673 16,673
Charge for year - 2,652 2,652
Eliminated on disposal - (14,357 ) (14,357 )
At 31 March 2024 - 4,968 4,968
NET BOOK VALUE
At 31 March 2024 710,000 30,697 740,697
At 31 March 2023 710,000 7,856 717,856

Cost or valuation at 31 March 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2023 163,951 - 163,951
Cost 546,049 35,665 581,714
710,000 35,665 745,665

If 32-40 High Street OX14 4AP had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 546,049 546,049

Value of land in freehold land and buildings 710,000 710,000

32-40 High Street OX14 4AP were valued on an open market basis on 30 January 2023 by Finders Keepers .

Cert Developments Ltd (Registered number: 11286415)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 97,775
Other debtors 7,342 10,003
7,342 107,778

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 4,293
Other creditors 252,997 451,065
252,997 455,358

7. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 163,951

Cert Developments Ltd

Report of the Accountants to the Directors of
Cert Developments Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Westell Accountants
3 Bradfield Court
Drayton Mill, Milton Road
Drayton
Abingdon
Oxfordshire
OX14 4EF


Date: .............................................