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Registered number: 01792349

Central Waste Oil Collections Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024

Prepared By:
R.J.Taylor & Co
Chartered Accountants
175 Cole Valley Road
Birmingham
B28 0DG

Central Waste Oil Collections Limited

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
DIRECTORS
D.M.Rotchell
G.Bracey
K.Bracey
J.Evetts
SECRETARY
D.M.Rotchell
REGISTERED OFFICE
Premier Business Park
143 Queen Street
Walsall
WS2 9NT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01792349
BANKERS
Bank of Scotland
ACCOUNTANTS
R.J.Taylor & Co
Chartered Accountants
175 Cole Valley Road
Birmingham
B28 0DG

Central Waste Oil Collections Limited

ACCOUNTS
FOR THEYEARENDED31/05/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Central Waste Oil Collections Limited

BALANCE SHEET AT 31/05/2024
20242023
Notes££
FIXED ASSETS
Tangible assets2886,650958,927
CURRENT ASSETS
Debtors3648,672561,426
Cash at bank and in hand913,368878,849
1,562,0401,440,275
CREDITORS: Amounts falling due within one year4594,504293,266
NET CURRENT ASSETS967,5361,147,009
TOTAL ASSETS LESS CURRENT LIABILITIES1,854,1862,105,936
PROVISIONS FOR LIABILITIES AND CHARGES691,81480,292
NET ASSETS1,762,3722,025,644
CAPITAL AND RESERVES
Called up share capital716,43516,435
Capital redemption reserve816,43716,437
Profit and loss account1,729,5001,992,772
SHAREHOLDERS' FUNDS1,762,3722,025,644
For the year ending 31/05/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16/09/2024 and signed on their behalf by
.............................
D.M.Rotchell
Director

Central Waste Oil Collections Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 2%
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 10%
Motor Carsreducing balance 25%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsMotor CarsTotal
££££££
Cost
At 01/06/2023684,373501,882977,61671,23861,4602,296,569
Additions-31,23923,9951,182-56,416
Disposals-(6,250)(11,740)(7,028)-(25,018)
At 31/05/2024684,373526,871989,87165,39261,4602,327,967
Depreciation
At 01/06/2023202,341326,173741,28440,95526,8891,337,642
Disposals-(3,893)(8,954)(3,693)-(16,540)
For the year13,68730,68964,3862,8138,640120,215
At 31/05/2024216,028352,969796,71640,07535,5291,441,317
Net Book Amounts
At 31/05/2024468,345173,902193,15525,31725,931886,650
At 31/05/2023482,032175,709236,33230,28334,571958,927

Central Waste Oil Collections Limited

3. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors614,203533,567
PAYE control3,710-
Prepayments30,75927,859
648,672561,426
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax75,365104,180
VAT70,62483,309
PAYE control-9,363
Trade creditors84,81966,697
Accruals363,69629,717
594,504293,266
5. EMPLOYEES
20242023
No.No.
Average number of employees1414
6. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation91,81480,292
91,81480,292

Central Waste Oil Collections Limited

7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
16,435 Ordinary shares of £1 each16,43516,435
16,43516,435
8. OTHER RESERVES 20242023
££
Capital redemption reserve16,43716,437
16,43716,437