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REGISTERED NUMBER: 04154268 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

CENTRAL MOVES LTD

CENTRAL MOVES LTD (Registered number: 04154268)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CENTRAL MOVES LTD

Company Information
for the Year Ended 29 February 2024







DIRECTORS: S D Rust
K Rust





SECRETARY:





REGISTERED OFFICE: Unit 5 The Skills Centre
Twickenham Trading Estate
Rugby Road
Twickenham
Middlesex
TW1 1DQ





REGISTERED NUMBER: 04154268 (England and Wales)






CENTRAL MOVES LTD (Registered number: 04154268)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 5,885
Tangible assets 5 142,156 141,108
142,156 146,993

CURRENT ASSETS
Debtors 6 359,787 207,867
Cash at bank and in hand 3,295 71,703
363,082 279,570
CREDITORS
Amounts falling due within one year 7 290,299 227,298
NET CURRENT ASSETS 72,783 52,272
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,939

199,265

CREDITORS
Amounts falling due after more than one year 8 (116,485 ) (112,057 )

PROVISIONS FOR LIABILITIES (29,855 ) (23,526 )
NET ASSETS 68,599 63,682

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 68,499 63,582
68,599 63,682

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 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.

CENTRAL MOVES LTD (Registered number: 04154268)

Balance Sheet - continued
29 February 2024


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 26 November 2024 and were signed on its behalf by:





S D Rust - Director


CENTRAL MOVES LTD (Registered number: 04154268)

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

1. STATUTORY INFORMATION

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of six years.

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 etc - 25% 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.

CENTRAL MOVES LTD (Registered number: 04154268)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2023
and 29 February 2024 35,306
AMORTISATION
At 1 March 2023 29,421
Charge for year 5,885
At 29 February 2024 35,306
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 5,885

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2023 9,132 465,042 474,174
Additions - 84,982 84,982
At 29 February 2024 9,132 550,024 559,156
DEPRECIATION
At 1 March 2023 2,283 330,783 333,066
Charge for year 2,282 81,652 83,934
At 29 February 2024 4,565 412,435 417,000
NET BOOK VALUE
At 29 February 2024 4,567 137,589 142,156
At 28 February 2023 6,849 134,259 141,108

CENTRAL MOVES LTD (Registered number: 04154268)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 148,345 122,819
Amounts owed by group undertakings 135,000 -
Amounts owed by associates 40,714 -
Other debtors 35,728 85,048
359,787 207,867

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 10,648 10,648
Hire purchase contracts 56,000 47,686
Trade creditors 63,663 66,669
Taxation and social security 147,124 98,582
Other creditors 12,864 3,713
290,299 227,298

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 12,632 22,564
Hire purchase contracts 103,853 89,493
116,485 112,057

9. OTHER FINANCIAL COMMITMENTS

At 29th February 2024 the company had annual commitments in respect of operating leases as follows:

Land and Other
Buildings Assets
£ £

Operating leases that expire:
- Within one year - 4,851
- In the second to fifth years inclusive 48,000 2,829

10. ULTIMATE CONTROLLING PARTY

On 25th February 2024 the whole of the share capital was transferred to Central Moves Group Limited, a company incorporated in England