CENTAXXI LIMITED
Data not obtained from trial balance AutoHide is on
Enter data in the white spaces Enter numbers as + unless indicated Current year Comparative
Units (eg £ or £000) £ include a trailing space
Company registration number 04154456
Date
Approval date of the accounts by the board 25/09/2024
Date
Date of signing on the audit/accountants report 25/09/2024
Date of engagement letter (required for Date
CA and ACCA reports)
Person signing directors' report:
Name of director
Or, name of secretary Nicole Hammill
Name of director signing balance sheet Malcolm Hammill
Address of registered office:
Address line 1 Suite 1, 7th Floor
Address line 2 50 Broadway
City or town London
County or region
Postcode SW1H 0BL
Name of senior statutory auditor
Name of auditors/accountants First Accountancy
Type of firm (eg Chartered Accountants) Accountants
Address of auditors/accountants
Address line 1 60 Primley Park View
Address line 2
City or town Leeds
County or region West Yorkshire
Postcode LS17 7JZ
Prior year adjustments (+ for a gain; - for a loss) £
Correction of prior year errors
Effect of retrospective changes in accounting policies
More info on prior year adjustments
Number Number
Average number of persons employed by the company 12 12
Freehold land & buildings if
revalued amounts shown in trial balance: £ £
historical cost
cumulative depreciation based on cost
£ £
Amounts due after more than one year included in debtors
Amounts included in creditors falling due for payment
after more than five years: £ £
Payable otherwise than by installment
Payable by installment
£ £
Secured bank loans included in creditors
Capital commitments: £ £
contracted
Total future payments due under non-cancellable £ £
operating leases
Registered number
04154456
CENTAXXI LIMITED
Report and Accounts
31 December 2023
CENTAXXI LIMITED
Registered number: 04154456
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 2 7,261 6,766
Current assets
Debtors 3 74,603 66,627
Cash at bank and in hand 8,280 25,774
82,883 92,401
Creditors: amounts falling due within one year 4 (14,174) (22,499)
Net current assets 68,709 69,902
Net assets 75,970 76,668
Capital and reserves
Called up share capital 10 10
Profit and loss account 75,960 76,658
Shareholders' funds 75,970 76,668
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Malcolm Hammill
Director
Approved by the board on 25 September 2024
CENTAXXI LIMITED
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Fixtures, fittings, tools and equipment 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 63,938
Additions 2,916
At 31 December 2023 66,854
Depreciation
At 1 January 2023 57,172
At 31 December 2023 59,593
Net book value
At 31 December 2023 7,261
At 31 December 2022 6,766
3 Debtors 2023 2022
£ £
Trade debtors 834 -
Other debtors 73,769 66,627
74,603 66,627
4 Creditors: amounts falling due within one year 2023 2022
£ £
Corporation tax 4,411 14,975
Other taxes and social security costs 5,692 6,295
Other creditors 4,071 1,229
14,174 22,499
5 Other information
CENTAXXI LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Suite 1, 7th Floor
50 Broadway
London
SW1H 0BL
CENTAXXI LIMITED 04154456 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 Malcolm Hammill No description of principal activity 04154456 2022-01-01 2022-12-31 04154456 core:WithinOneYear 2022-12-31 04154456 core:ShareCapital 2022-12-31 04154456 core:RetainedEarningsAccumulatedLosses 2022-12-31 04154456 2023-01-01 2023-12-31 04154456 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04154456 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04154456 bus:Director40 2023-01-01 2023-12-31 04154456 1 2023-01-01 2023-12-31 04154456 2 2023-01-01 2023-12-31 04154456 core:PlantMachinery 2023-01-01 2023-12-31 04154456 countries:England 2023-01-01 2023-12-31 04154456 bus:FRS102 2023-01-01 2023-12-31 04154456 bus:FilletedAccounts 2023-01-01 2023-12-31 04154456 2023-12-31 04154456 core:WithinOneYear 2023-12-31 04154456 core:ShareCapital 2023-12-31 04154456 core:RetainedEarningsAccumulatedLosses 2023-12-31 04154456 core:PlantMachinery 2023-12-31 04154456 2022-12-31 04154456 core:PlantMachinery 2022-12-31 iso4217:GBP xbrli:pure