03900058falsestrapping and packaging2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director22023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/cd:Director32023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:Director42023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:Director52023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03900058

The Central Strapping Co. Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

The Central Strapping Co. Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Jeff Bennett
John Bennett
Angee Bennett
Nicholas Bennett
Linda Bennett
SECRETARY
Nicholas Bennett
REGISTERED OFFICE
Unit 109A Leyland Trading Estate
Irthlingborough Road
Wellingborough
Northamptonshire
NN8 1RT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03900058
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

The Central Strapping Co. Limited

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

The Central Strapping Co. Limited

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets369,38060,510
CURRENT ASSETS
Stock131,309119,731
Debtors5260,825274,918
Cash at bank and in hand296,798248,721
688,932643,370
CREDITORS: Amounts falling due within one year6484,164465,287
NET CURRENT ASSETS204,768178,083
TOTAL ASSETS LESS CURRENT LIABILITIES274,148238,593
CREDITORS: Amounts falling due after more than one year76,0487,074
PROVISIONS FOR LIABILITIES AND CHARGES83,1044,624
NET ASSETS264,996226,895
CAPITAL AND RESERVES
Called up share capital9106103
Profit and loss account264,890226,792
SHAREHOLDERS' FUNDS264,996226,895

The Central Strapping Co. Limited

BALANCE SHEET AT 31/03/2024
For the year ending 31/03/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25/09/2024 and signed on their behalf by
.............................
Linda Bennett
Director
.............................
Nicholas Bennett
Director
.............................
Angee Bennett
Director

The Central Strapping Co. Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Equipmentstraight line 33%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees77

The Central Strapping Co. Limited

3. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesEquipmentTotal
££££
Cost
At 01/04/20236,25090,2794,952101,481
Additions-24,39963025,029
At 31/03/20246,250114,6785,582126,510
Depreciation
At 01/04/20232,73537,1471,08940,971
For the year87913,6461,63416,159
At 31/03/20243,61450,7932,72357,130
Net Book Amounts
At 31/03/20242,63663,8852,85969,380
At 31/03/20233,51553,1323,86360,510
Included within the net book value of £69,380 is £42,101 (2023: £27,469) relating to assets held under hire purchase agreements. The depreciation charged to the financial statements in the period in respect of such assets amounted to £6,867 (2023: £9,157).
4. STOCK 20242023
££
Stock comprises:
Stock131,309119,731
131,309119,731
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors255,724271,989
Prepayments5,1012,929
260,825274,918

The Central Strapping Co. Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax60,36648,924
VAT37,09542,485
PAYE control124-
Salaries and wages control489-
Directors current account5,3566,597
Directors current account36,14239,775
Directors current account1,001485
Directors current account8,6986,882
Directors current account17,00017,000
Hire purchase9,4398,163
Trade creditors304,024293,601
Other creditors2,799-
Pension schemes5-
Accruals1,6261,375
484,164465,287
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Hire purchase >1yr6,0487,074
6,0487,074
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation3,1044,624
3,1044,624

The Central Strapping Co. Limited

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
51 Ordinary A Shares of £1 each5151
49 Ordinary B Shares of £1 each4949
6 Ordinary C & D Shares of £1 each63
106103