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REGISTERED NUMBER: 01600111 (England and Wales)














CENTRAL STORAGE SYSTEMS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2024






CENTRAL STORAGE SYSTEMS LIMITED (REGISTERED NUMBER: 01600111)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CENTRAL STORAGE SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2024







DIRECTORS: M J Roberts
D P Roberts
S L Roberts



SECRETARY: Mrs A Roberts



REGISTERED OFFICE: 221A Ikon Industrial Estate
Droitwich Road
Hartlebury
Kidderminster
Worcestershire
DY10 4EU



REGISTERED NUMBER: 01600111 (England and Wales)



BANKERS: Barclays Bank Plc
Dudley
West Midlands

CENTRAL STORAGE SYSTEMS LIMITED (REGISTERED NUMBER: 01600111)

BALANCE SHEET
31ST JANUARY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 430 542

CURRENT ASSETS
Debtors 5 214,567 685,334
Cash at bank 483,207 508,770
697,774 1,194,104
CREDITORS
Amounts falling due within one year 6 505,982 1,012,091
NET CURRENT ASSETS 191,792 182,013
TOTAL ASSETS LESS CURRENT
LIABILITIES

192,222

182,555

PROVISIONS FOR LIABILITIES 108 103
NET ASSETS 192,114 182,452

CAPITAL AND RESERVES
Called up share capital 7 7,000 7,000
Retained earnings 185,114 175,452
SHAREHOLDERS' FUNDS 192,114 182,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22nd October 2024 and were signed on its behalf by:



D P Roberts - Director


CENTRAL STORAGE SYSTEMS LIMITED (REGISTERED NUMBER: 01600111)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024

1. STATUTORY INFORMATION

Central Storage Systems 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 net invoiced sales of goods and services excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% per annum
Motor vehicles - 20% per annum
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
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 10 (2023 - 10 ) .

CENTRAL STORAGE SYSTEMS LIMITED (REGISTERED NUMBER: 01600111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1st February 2023
and 31st January 2024 3,400 3,800 2,056 9,256
DEPRECIATION
At 1st February 2023 3,400 3,800 1,514 8,714
Charge for year - - 112 112
At 31st January 2024 3,400 3,800 1,626 8,826
NET BOOK VALUE
At 31st January 2024 - - 430 430
At 31st January 2023 - - 542 542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 145,064 671,676
Amounts owed by group undertakings 55,474 -
Other debtors 11,231 10,408
Prepayments 2,798 3,250
214,567 685,334

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 362,580 557,511
Amounts owed to group undertakings - 290,014
Tax 125,406 89,116
Social security and other taxes - 4,677
VAT 9,067 65,895
Other creditors 829 878
Accrued expenses 8,100 4,000
505,982 1,012,091

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
7,000 Ordinary £1 7,000 7,000

CENTRAL STORAGE SYSTEMS LIMITED (REGISTERED NUMBER: 01600111)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

8. RELATED PARTY DISCLOSURES

Central Storage Systems Limited is a wholly owned subsidiary of Belleva Holdings Limited.

During the period a dividend of £450,000 (2023 - £450,000) was paid to Belleva Holdings Limited.

During the period management charges of £80,400 were charged by Belleva Holdings Limited (2023 - £80,400).

As at 31st January 2024 £55,474 (2023 £290,014 was owed by Central Storage Systems Limited to Belleva Holdings Limited) was owed to Central Storage Systems Limited by Belleva Holdings Limited.