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Registration number: 11489956

Centrale Space Ltd

Annual Report and Unaudited Financial Statements

for the Period from 1 July 2023 to 30 November 2024

 

Centrale Space Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Centrale Space Ltd

Company Information

Director

Mr Michele Ragozzino

Registered office

1 Market Hill
Calne
Wiltshire
SN11 0BT

Accountants

RiverView Portfolio Limited
1 Market Hill
Calne
Wiltshire
SN11 0BT

 

Centrale Space Ltd

(Registration number: 11489956)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

-

115,000

Current assets

 

Cash at bank and in hand

 

-

12,274

Creditors: Amounts falling due within one year

6

-

(947)

Net current assets

 

-

11,327

Total assets less current liabilities

 

-

126,327

Creditors: Amounts falling due after more than one year

6

(24,041)

(118,106)

Provisions for liabilities

-

(3,386)

Net (liabilities)/assets

 

(24,041)

4,835

Capital and reserves

 

Called up share capital

100

100

Revaluation reserve

-

24,436

Retained earnings

(24,141)

(19,701)

Shareholders' (deficit)/funds

 

(24,041)

4,835

For the financial period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 2 January 2025
 

.........................................
Mr Michele Ragozzino
Director

 

Centrale Space Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2023 to 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Market Hill
Calne
Wiltshire
SN11 0BT
England

These financial statements were authorised for issue by the director on 2 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the director. The director uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Centrale Space Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2023 to 30 November 2024 (continued)

2

Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0 (2023 - 1).

4

Investment properties

2024
£

At 1 July

115,000

Disposals

(87,177)

Fair value adjustments

(27,823)

At 30 November

-

5

Debtors

Current

2024
£

2023
£

 

-

-

 

Centrale Space Ltd

Notes to the Unaudited Financial Statements for the Period from 1 July 2023 to 30 November 2024 (continued)

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

-

(160)

Accruals and deferred income

-

135

Other creditors

-

972

-

947

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

24,041

118,106

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

-

83,763

Other borrowings

24,041

34,343

24,041

118,106