REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 30 December 2023 |
for |
CENHOLT LTD |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 30 December 2023 |
for |
CENHOLT LTD |
CENHOLT LTD (REGISTERED NUMBER: 09474904) |
Contents of the Financial Statements |
for the Year Ended 30 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
CENHOLT LTD |
Company Information |
for the Year Ended 30 December 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
143 Station Road |
Hampton |
Middlesex |
TW12 2AL |
CENHOLT LTD (REGISTERED NUMBER: 09474904) |
Balance Sheet |
30 December 2023 |
30.12.23 | 30.12.22 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 11 |
Fair Value Reserve |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges her 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. |
CENHOLT LTD (REGISTERED NUMBER: 09474904) |
Balance Sheet - continued |
30 December 2023 |
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 |
CENHOLT LTD (REGISTERED NUMBER: 09474904) |
Notes to the Financial Statements |
for the Year Ended 30 December 2023 |
1. | STATUTORY INFORMATION |
Cenholt Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents gross rents received in the year. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Business Know How is being amortised evenly over its estimated useful life of five years. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
CENHOLT LTD (REGISTERED NUMBER: 09474904) |
Notes to the Financial Statements - continued |
for the Year Ended 30 December 2023 |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
At 31 December 2022 |
and 30 December 2023 |
AMORTISATION |
At 31 December 2022 |
and 30 December 2023 |
NET BOOK VALUE |
At 30 December 2023 |
At 30 December 2022 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 31 December 2022 |
and 30 December 2023 |
NET BOOK VALUE |
At 30 December 2023 |
At 30 December 2022 |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 31 December 2022 |
and 30 December 2023 |
NET BOOK VALUE |
At 30 December 2023 |
At 30 December 2022 |
Fair value at 30 December 2023 is represented by: |
£ |
Valuation in 2019 | 138,014 |
Cost | 671,986 |
810,000 |
CENHOLT LTD (REGISTERED NUMBER: 09474904) |
Notes to the Financial Statements - continued |
for the Year Ended 30 December 2023 |
6. | INVESTMENT PROPERTY - continued |
If Investment properties had not been revalued they would have been included at the following historical cost: |
30.12.23 | 30.12.22 |
£ | £ |
Cost | 671,986 | 671,986 |
Investment properties were valued on an ope market basis on 10 January 2020 by White Horse Surveyors Ltd . |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.12.23 | 30.12.22 |
£ | £ |
Trade debtors |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.12.23 | 30.12.22 |
£ | £ |
Trade creditors |
Other creditors |
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.12.23 | 30.12.22 |
£ | £ |
Bank loans |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Mortgage HTB | 619,650 | 619,650 |
10. | SECURED DEBTS |
The following secured debts are included within creditors: |
30.12.23 | 30.12.22 |
£ | £ |
Bank loans |
The Hampshire Trust Bank business loan is secured by a fixed charge against the company's freehold properties and a floating charge over all other company assets. |
CENHOLT LTD (REGISTERED NUMBER: 09474904) |
Notes to the Financial Statements - continued |
for the Year Ended 30 December 2023 |
11. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.12.23 | 30.12.22 |
value: | £ | £ |
Ordinary | 1 | 100 | 100 |
12. | GOING CONCERN |
The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements. |