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REGISTERED NUMBER: 08358841















Financial Statements for the Year Ended 31 August 2024

for

Centiant Intl Limited

Centiant Intl Limited (Registered number: 08358841)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Centiant Intl Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: M A Moore
Miss L K Child
M Goulding
J S Nash
R A A Razzak
E A Reddicliffe
S J H Spencer



REGISTERED OFFICE: Unit 8
8 Hawthorne Close
Hartwell
Northampton
Northamptonshire
NN7 2FA



REGISTERED NUMBER: 08358841



SENIOR STATUTORY
AUDITOR:
Christopher Atkinson



AUDITORS: C J A Accounting Limited
Delta House
16 Bridge Road
Haywards Heath
West Sussex
RH16 1UA

Centiant Intl Limited (Registered number: 08358841)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 342,092 389,701
Investments 5 2 2
342,094 389,703

CURRENT ASSETS
Debtors 6 1,593,515 720,536
Cash at bank 1,813,329 2,020,164
3,406,844 2,740,700
CREDITORS
Amounts falling due within one year 7 1,525,767 940,673
NET CURRENT ASSETS 1,881,077 1,800,027
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,223,171

2,189,730

PROVISIONS FOR LIABILITIES 84,053 51,757
NET ASSETS 2,139,118 2,137,973

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,139,018 2,137,873
SHAREHOLDERS' FUNDS 2,139,118 2,137,973

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:





M A Moore - Director


Centiant Intl Limited (Registered number: 08358841)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Centiant Intl Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company is that of providing information technology and network services.

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.

The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. it also requires management to exercise judgement in applying the company;s accounting policies.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised when (a) the significant risks and rewards of ownership have been transferred to the buyer; (b) the company retains no continuing involvement or control over the goods and services; (c) the amount of revenue can be measured reliably; and (d) it is probable that future economic benefits will flow to the entity.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer
equipment

-
25% straight
line
Leasehold
improvements

-
10% straight
line

Fixtures & fittings

-
20% straight
line

Plant & machinery

-
10% straight
line

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.


Centiant Intl Limited (Registered number: 08358841)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

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.

Leasing
Rentals payable under operating leases are charged to the profit and loss account 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.

Financial instruments
Basic financial instruments are recognised at amortised cost.

Debtors
Short term debtors are measured at the transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 20 ) .

Centiant Intl Limited (Registered number: 08358841)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 279,656 149,332 15,439 304,744 749,171
Additions - - - 28,677 28,677
At 31 August 2024 279,656 149,332 15,439 333,421 777,848
DEPRECIATION
At 1 September 2023 147,349 39,965 15,139 157,017 359,470
Charge for year 27,966 16,965 210 31,145 76,286
At 31 August 2024 175,315 56,930 15,349 188,162 435,756
NET BOOK VALUE
At 31 August 2024 104,341 92,402 90 145,259 342,092
At 31 August 2023 132,307 109,367 300 147,727 389,701

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 September 2023
and 31 August 2024 2
NET BOOK VALUE
At 31 August 2024 2
At 31 August 2023 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 1,352,060 452,228
Other debtors 3,099 15
Prepayments and accrued income 238,356 268,293
1,593,515 720,536

Centiant Intl Limited (Registered number: 08358841)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 737,341 243,687
Tax 193,897 114,177
Social security and other taxes 49,282 57,180
VAT 208,009 92,499
Other creditors 29,905 16,039
Accruals and deferred income 307,333 417,091
1,525,767 940,673

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.8.24 31.8.23
£    £   
Within one year 50,875 38,735
Between one and five years 122,948 154,940
173,823 193,675

9. AUDITORS INFORMATION

The audit report provided to the members of Centiant Intl Limited on the financial statements for the year ended 31st August 2021 was not qualified.

The audit report was signed by Christopher Atkinson (Senior Statutory Auditor) for and on behalf of C J A Accounting Limited, Chartered Accountants and Statutory Auditor.

Centiant Intl Limited (Registered number: 08358841)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

10. RELATED PARTY DISCLOSURES

Corporate shareholders with significant influence

During the period the Company had the following transactions with associated companies and members of their group;

2024 2023
£    £   
Dividends 500,000 400,000
Sales 348,162 966,257
Purchases 2,242,176 2,032,437
Administrative support services 4,800 4,800


At the year end the following balances were due to / (from) associated companies and members of their group;

2024 2023
£    £   
Debtors 9,340 31,821
Creditors (627,881 ) (148,067 )