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REGISTERED NUMBER: 12598522 (England and Wales)















CENTURION ACQUISITIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MAY 2024






CENTURION ACQUISITIONS LIMITED (REGISTERED NUMBER: 12598522)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CENTURION ACQUISITIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: C R Smith





REGISTERED OFFICE: 4 Clare Hill
Blidworth
Mansfield
Nottinghamshire
NG21 0TY





REGISTERED NUMBER: 12598522 (England and Wales)






CENTURION ACQUISITIONS LIMITED (REGISTERED NUMBER: 12598522)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 433,419 433,419

CURRENT ASSETS
Debtors 5 195 -
Cash at bank 6,643 2,647
6,838 2,647
CREDITORS
Amounts falling due within one year 6 128,661 133,752
NET CURRENT LIABILITIES (121,823 ) (131,105 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

311,596

302,314

CREDITORS
Amounts falling due after more than one
year

7

336,446

334,696
NET LIABILITIES (24,850 ) (32,382 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (24,950 ) (32,482 )
SHAREHOLDERS' FUNDS (24,850 ) (32,382 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

CENTURION ACQUISITIONS LIMITED (REGISTERED NUMBER: 12598522)

BALANCE SHEET - continued
31 MAY 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 director and authorised for issue on 4 December 2024 and were signed by:





C R Smith - Director


CENTURION ACQUISITIONS LIMITED (REGISTERED NUMBER: 12598522)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Centurion Acquisitions 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Going concern
The company has net liabilities of £24,850 (2023: £32,382). The company is reliant on the support of the director. Given the continuance of this support, the company remains a going concern.

3. EMPLOYEES AND DIRECTORS

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

CENTURION ACQUISITIONS LIMITED (REGISTERED NUMBER: 12598522)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 433,419
NET BOOK VALUE
At 31 May 2024 433,419
At 31 May 2023 433,419

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 195 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 128,661 133,752

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 336,446 334,696

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 336,446 296,382

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 336,446 334,696

The bank loans are secured against the investment properties.