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REGISTERED NUMBER: 09474827 (England and Wales)












CENTURION PMI LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






CENTURION PMI LTD (REGISTERED NUMBER: 09474827)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CENTURION PMI LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr D L Wilkins





REGISTERED OFFICE: 12 Shears Crescent
West Mersea
Colchester
Essex
CO5 8AR





REGISTERED NUMBER: 09474827 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

CENTURION PMI LTD (REGISTERED NUMBER: 09474827)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 3,940 4,770

CURRENT ASSETS
Inventories 5 2,450 2,820
Debtors 6 58,809 58,257
Cash at bank and in hand 17,009 3,435
78,268 64,512
CREDITORS
Amounts falling due within one year 7 41,703 35,302
NET CURRENT ASSETS 36,565 29,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,505

33,980

CREDITORS
Amounts falling due after more than one
year

8

22,301

10,585
NET ASSETS 18,204 23,395

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 18,104 23,295
SHAREHOLDERS' FUNDS 18,204 23,395

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 PMI LTD (REGISTERED NUMBER: 09474827)

BALANCE SHEET - continued
31 MARCH 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 3 February 2025 and were signed by:





Mr D L Wilkins - Director


CENTURION PMI LTD (REGISTERED NUMBER: 09474827)

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


1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost
Motor vehicles - 15% on cost
Computer equipment - 25% on 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CENTURION PMI LTD (REGISTERED NUMBER: 09474827)

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


4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 990 8,333 344 9,667
Additions - - 874 874
At 31 March 2024 990 8,333 1,218 10,541
DEPRECIATION
At 1 April 2023 975 3,750 172 4,897
Charge for year 149 1,250 305 1,704
At 31 March 2024 1,124 5,000 477 6,601
NET BOOK VALUE
At 31 March 2024 (134 ) 3,333 741 3,940
At 31 March 2023 15 4,583 172 4,770

5. INVENTORIES
31.3.24 31.3.23
£    £   
Stocks 2,450 -
Work-in-progress - 2,820
2,450 2,820

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 45,087 47,386
Other debtors - 73
Directors' current accounts - 9,645
VAT 12,535 -
Deferred tax asset 1,187 1,153
58,809 58,257

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other loans 15,000 15,000
Trade creditors 5,157 970
Tax 9,863 7,401
Social security and other taxes - 4,826
VAT - 4,605
Directors' current accounts 8,833 -
Accrued expenses 2,850 2,500
41,703 35,302

CENTURION PMI LTD (REGISTERED NUMBER: 09474827)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank Loans 22,301 10,585

9. DEFERRED TAX
£   
Balance at 1 April 2023 (1,153 )
Provided during year (34 )
Timing difference
Balance at 31 March 2024 (1,187 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 April 2023 23,295
Profit for the year 4,809
Dividends (10,000 )
At 31 March 2024 18,104

12. ULTIMATE CONTROLLING PARTY

Mr Darren Wilkins, controls the company as a result of holding 100 percent of the issued share capital.