Company Registration No. 06329806 (England and Wales)
Centre Locations Limited
Unaudited accounts
for the year ended 31 December 2023
Centre Locations Limited
Unaudited accounts
Contents
Centre Locations Limited
Company Information
for the year ended 31 December 2023
Directors
Guy Watson
Charles Champion
Company Number
06329806 (England and Wales)
Registered Office
110 Kensington Church Street
London
W8 4BH
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
Centre Locations Limited
Statement of financial position
as at 31 December 2023
Intangible assets
647,927
644,619
Tangible assets
50,378
56,517
Investments
183,970
183,970
Cash at bank and in hand
77,047
31,786
Creditors: amounts falling due within one year
(436,850)
(366,428)
Net current liabilities
(174,744)
(156,702)
Total assets less current liabilities
707,531
728,404
Creditors: amounts falling due after more than one year
(239,559)
(371,361)
Provisions for liabilities
Deferred tax
(12,595)
(15,745)
Net assets
455,377
341,298
Called up share capital
1,401
1,412
Share premium
144,534
157,852
Profit and loss account
309,442
182,034
Shareholders' funds
455,377
341,298
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by
Guy Watson
Director
Company Registration No. 06329806
Centre Locations Limited
Notes to the Accounts
for the year ended 31 December 2023
Centre Locations Limited is a private company, limited by shares, registered in England and Wales, registration number 06329806. The registered office is 110 Kensington Church Street, London, W8 4BH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% / 25% reducing balance
Motor vehicles
25% straight line
Fixtures & fittings
10% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2023
1,039,705
Charge for the year
103,211
At 31 December 2023
391,778
At 31 December 2023
647,927
At 31 December 2022
644,619
Centre Locations Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
30,144
122,880
153,024
At 31 December 2023
30,664
122,880
153,544
At 1 January 2023
25,642
70,865
96,507
Charge for the year
1,457
5,202
6,659
At 31 December 2023
27,099
76,067
103,166
At 31 December 2023
3,565
46,813
50,378
At 31 December 2022
4,502
52,015
56,517
6
Investments
Subsidiary undertakings
Valuation at 1 January 2023
183,970
Valuation at 31 December 2023
183,970
Amounts falling due within one year
Trade debtors
165,980
157,257
Accrued income and prepayments
17,226
18,266
8
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
128,115
97,147
Trade creditors
5,749
4,896
Taxes and social security
205,917
135,228
Other creditors
1,163
2,334
Loans from directors
(198,586)
(170,829)
Deferred income
293,329
297,652
9
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
239,559
371,361
Centre Locations Limited
Notes to the Accounts
for the year ended 31 December 2023
10
Average number of employees
During the year the average number of employees was 9 (2022: 10).