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REGISTERED NUMBER: 07525532 (England and Wales)







Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Central Building Services (SW) Limited

Central Building Services (SW) Limited (Registered number: 07525532)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Central Building Services (SW) Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: D P Newman





REGISTERED OFFICE: Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST





REGISTERED NUMBER: 07525532 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Central Building Services (SW) Limited (Registered number: 07525532)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,786 25,383

CURRENT ASSETS
Stocks 21,516 24,243
Debtors 5 54,355 40,650
Cash at bank and in hand 37,934 100
113,805 64,993
CREDITORS
Amounts falling due within one year 6 106,043 94,981
NET CURRENT ASSETS/(LIABILITIES) 7,762 (29,988 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,548

(4,605

)

CREDITORS
Amounts falling due after more than one
year

7

(26,834

)

(22,933

)

PROVISIONS FOR LIABILITIES (7,196 ) -
NET ASSETS/(LIABILITIES) 2,518 (27,538 )

Central Building Services (SW) Limited (Registered number: 07525532)

Statement of Financial Position - continued
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,418 (27,638 )
SHAREHOLDERS' FUNDS 2,518 (27,538 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 23 October 2024 and were signed by:





D P Newman - Director


Central Building Services (SW) Limited (Registered number: 07525532)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Central Building Services (SW) Limited 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.

Turnover
Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.


Central Building Services (SW) Limited (Registered number: 07525532)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

Central Building Services (SW) Limited (Registered number: 07525532)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 2,471 64,872 214 67,557
Additions - 13,000 - 13,000
At 29 February 2024 2,471 77,872 214 80,557
DEPRECIATION
At 1 March 2023 2,303 39,725 146 42,174
Charge for year 42 9,538 17 9,597
At 29 February 2024 2,345 49,263 163 51,771
NET BOOK VALUE
At 29 February 2024 126 28,609 51 28,786
At 28 February 2023 168 25,147 68 25,383

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2023 35,283
Additions 13,000
At 29 February 2024 48,283
DEPRECIATION
At 1 March 2023 17,641
Charge for year 7,661
At 29 February 2024 25,302
NET BOOK VALUE
At 29 February 2024 22,981
At 28 February 2023 17,642

Central Building Services (SW) Limited (Registered number: 07525532)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 53,155 35,633
Tax - 4,217
Prepayments and accrued income 1,200 800
54,355 40,650

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts - 2,036
Hire purchase contracts 7,151 4,553
Trade creditors 27,511 13,988
Wages payable 1,805 -
Tax 820 -
Social security and other taxes 7,275 3,943
VAT 33,389 43,096
Directors' current accounts 14,278 18,092
Accrued expenses 13,814 9,273
106,043 94,981

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 26,834 22,933

8. RELATED PARTY DISCLOSURES

Mr D Newman
Director 2024 2023

Dividends 1,000 -

Capital introduced/(Withdrawn) (3,814 ) 110

At the year end, the company owed the director £14,278 (2023 - £18,092).

9. ULTIMATE CONTROLLING PARTY

The controlling party is D P Newman.