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REGISTERED NUMBER: 14167199 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Sentinel Manufacturing Limited

Sentinel Manufacturing Limited (Registered number: 14167199)






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


Sentinel Manufacturing Limited

Company Information
for the year ended 29 February 2024







DIRECTOR: C P James





REGISTERED OFFICE: March Way
Battlefield Ent Park
Shrewsbury
Shropshire
SY1 3JE





REGISTERED NUMBER: 14167199 (England and Wales)





ACCOUNTANTS: WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

Sentinel Manufacturing Limited (Registered number: 14167199)

Statement of Financial Position
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 14,776 -
Property, plant and equipment 5 2,017,219 -
Investments 6 100,000 -
2,131,995 -

CURRENT ASSETS
Inventories 39,195 -
Debtors 7 932,004 1
Cash at bank 34,799 -
1,005,998 1
CREDITORS
Amounts falling due within one year 8 1,367,879 -
NET CURRENT (LIABILITIES)/ASSETS (361,881 ) 1
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,770,114

1

CREDITORS
Amounts falling due after more than
one year

9

(1,467,431

)

-

PROVISIONS FOR LIABILITIES (99,823 ) -
NET ASSETS 202,860 1

Sentinel Manufacturing Limited (Registered number: 14167199)

Statement of Financial Position - continued
29 February 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 10 85,000 -
Retained earnings 117,859 -
202,860 1

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 25 November 2024 and were signed by:





C P James - Director


Sentinel Manufacturing Limited (Registered number: 14167199)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Sentinel Manufacturing 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
Revenue 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 nil 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 - 15% on cost and 10% on cost

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

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Sentinel Manufacturing Limited (Registered number: 14167199)

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
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 40 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Developme
costs
£   
COST
Additions 14,776
At 29 February 2024 14,776
NET BOOK VALUE
At 29 February 2024 14,776

Sentinel Manufacturing Limited (Registered number: 14167199)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
Additions 2,342,077 22,135 9,668 2,373,880
Disposals (78,750 ) - - (78,750 )
At 29 February 2024 2,263,327 22,135 9,668 2,295,130
DEPRECIATION
Charge for year 275,590 1,354 967 277,911
At 29 February 2024 275,590 1,354 967 277,911
NET BOOK VALUE
At 29 February 2024 1,987,737 20,781 8,701 2,017,219

6. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
Additions 100,000
At 29 February 2024 100,000
NET BOOK VALUE
At 29 February 2024 100,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 671,691 -
Amounts owed by group undertakings 60,954 -
Other debtors 199,359 1
932,004 1

The company has an invoice discounting agreement. The trade debtors shown above are covered by this agreement.

Included in creditors due within one year is the invoice discounting account balance is £537,587 (2023 - £Nil) which relates to the above factored trade debtors.

Sentinel Manufacturing Limited (Registered number: 14167199)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 422,329 -
Invoice discounting account 537,587 -
Trade creditors 211,294 -
Taxation and social security 135,105 -
Other creditors 61,564 -
1,367,879 -

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 1,467,431 -

10. RESERVES
Fair
value
reserve
£   
Reserve transfer 85,000

At 29 February 2024 85,000

11. RELATED PARTY DISCLOSURES

During the period rent of £107,342 (2023 - £Nil) was paid to J R Properties, a partnership controlled by C P James (a company director),

Included in creditors are amounts due to J R Properties from the company, a partnership controlled by C P James (a company director), of £20,650 (2023 - £Nil).

At the year end creditors include a loan balance totalling £9,446 (2023 £Nil) due to the director of the company. No interest was paid on this loan during the year. The balance is repayable on demand.

During the year the company provided finance to Sentinel India, a subsidiary of Sentinel Manufacturing Limited. At the year end Sentinel India owed Sentinel Manufacturing Limited £60,954 (2023 £Nil).