Acorah Software Products - Accounts Production 16.1.300 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08893967 Mr R E Walsh true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08893967 2023-03-31 08893967 2024-03-31 08893967 2023-04-01 2024-03-31 08893967 frs-core:CurrentFinancialInstruments 2024-03-31 08893967 frs-core:ShareCapital 2024-03-31 08893967 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08893967 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08893967 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08893967 frs-bus:SmallEntities 2023-04-01 2024-03-31 08893967 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08893967 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08893967 1 2023-04-01 2024-03-31 08893967 frs-bus:Director1 2023-04-01 2024-03-31 08893967 frs-countries:EnglandWales 2023-04-01 2024-03-31 08893967 2022-03-31 08893967 2023-03-31 08893967 2022-04-01 2023-03-31 08893967 frs-core:CurrentFinancialInstruments 2023-03-31 08893967 frs-core:ShareCapital 2023-03-31 08893967 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08893967
Centworks Company Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08893967
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 695 269,836
Cash at bank and in hand 36 37
731 269,873
Creditors: Amounts Falling Due Within One Year 5 (660 ) (1,280 )
NET CURRENT ASSETS (LIABILITIES) 71 268,593
TOTAL ASSETS LESS CURRENT LIABILITIES 71 268,593
NET ASSETS 71 268,593
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 70 268,592
SHAREHOLDERS' FUNDS 71 268,593
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr R E Walsh
Director
17th January 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Centworks Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08893967 . The registered office is 18 Chesford Grange, Warrington, WA1 4RQ.
With effect from 5 April 2024, the name of the Company was changed from The House Maker (MACC) Ltd to Centworks Company Ltd.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 695 269,836
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 830
Accruals and deferred income 660 450
660 1,280
Page 2
Page 3
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 268,000 -
8. Post Balance Sheet Events
With effect from 5 April 2024, the name of the Company was changed from The House Maker (MACC) Ltd to Centworks Company Ltd.
9. Related Party Transactions
The Company has taken advantage of the exemption within FRS102 paragraph 33.1A regarding disclosing transactions with group Companies.
10. Ultimate Controlling Party
The parent company is The House Maker Ltd, Unit 18 Chesford Grange, Woolston, Warrington, WA1 4RQ, a company registered and incorporated in the United Kingdom. The company is controlled by it's director, by virtue of his majority shareholding and control of the parent company.
Page 3