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REGISTERED NUMBER: 04460441 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Central Screen & Crushing
Services Limited

Central Screen & Crushing
Services Limited (Registered number: 04460441)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Central Screen & Crushing
Services Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr Robert John Brown
Mr John Kenneth Clark



SECRETARY: Mr Robert John Brown



REGISTERED OFFICE: The Old Dairy
Mill Street
Packington
Ashby-de-la-Zouch
Leicestershire
LE65 1WN



REGISTERED NUMBER: 04460441 (England and Wales)



ACCOUNTANTS: Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR



BANKERS: National Westminster Bank Plc
Coalville Branch
47 Belvoir Road
Coalville
Leicester
Leicestershire
LE67 3QJ

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Central Screen & Crushing
Services Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Central Screen & Crushing Services Limited for the year ended 31 May 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Central Screen & Crushing Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Central Screen & Crushing Services Limited and state those matters that we have agreed to state to the Board of Directors of Central Screen & Crushing Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Central Screen & Crushing Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Central Screen & Crushing Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Central Screen & Crushing Services Limited. You consider that Central Screen & Crushing Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Central Screen & Crushing Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR


25 February 2025

Central Screen & Crushing
Services Limited (Registered number: 04460441)

Balance Sheet
31 May 2024

31/5/24 31/5/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 672,887 697,497

CURRENT ASSETS
Stocks 117,494 141,606
Debtors 5 260,267 414,466
Cash at bank and in hand 8,909 126,011
386,670 682,083
CREDITORS
Amounts falling due within one year 6 (555,305 ) (883,391 )
NET CURRENT LIABILITIES (168,635 ) (201,308 )
TOTAL ASSETS LESS CURRENT LIABILITIES 504,252 496,189

CREDITORS
Amounts falling due after more than one
year

7

(266,249

)

(202,919

)

PROVISIONS FOR LIABILITIES (176,038 ) (194,049 )
NET ASSETS 61,965 99,221

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 10 23,451 67,063
Retained earnings 38,512 32,156
61,965 99,221

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 directors acknowledge their 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.

Central Screen & Crushing
Services Limited (Registered number: 04460441)

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 Board of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by:





Mr John Kenneth Clark - Director


Central Screen & Crushing
Services Limited (Registered number: 04460441)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

Central Screen & Crushing Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Going concern
The company has recorded losses for the past few years in very challenging trading conditions, the directors will continue to provide financial support going forward over the next 12 month.

In the short term, the directors expect challenging market conditions to persist and have cut costs accordingly. As such the directors believe that the company will be well placed to take advantage of an upturn in the market and will have adequate resources to meet its obligations as they fall due and therefore the accounts are prepared on a going concern basis.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover 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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance and 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 33% on cost

Tangible fixed assets are initially measured at cost. Subsequently, they are measured at cost less accumulated depreciation and impairment losses.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Central Screen & Crushing
Services Limited (Registered number: 04460441)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2023 - 7 ) .

Central Screen & Crushing
Services Limited (Registered number: 04460441)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 June 2023 995,437 62,377 105,101 1,162,915
Additions 372,500 287 - 372,787
Disposals (483,500 ) - - (483,500 )
Revaluations 96,500 - - 96,500
At 31 May 2024 980,937 62,664 105,101 1,148,702
DEPRECIATION
At 1 June 2023 334,472 49,068 81,878 465,418
Charge for year 129,850 2,030 15,020 146,900
Eliminated on disposal (136,503 ) - - (136,503 )
At 31 May 2024 327,819 51,098 96,898 475,815
NET BOOK VALUE
At 31 May 2024 653,118 11,566 8,203 672,887
At 31 May 2023 660,965 13,309 23,223 697,497

Cost or valuation at 31 May 2024 is represented by:

Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Valuation in 2020 (274,000 ) - - (274,000 )
Valuation in 2021 (81,500 ) - - (81,500 )
Valuation in 2022 129,000 - - 129,000
Valuation in 2024 96,500 - - 96,500
Cost 1,110,937 62,664 105,101 1,278,702
980,937 62,664 105,101 1,148,702

If plant and machinery had not been revalued they would have been included at the following historical cost:

31/5/24 31/5/23
£    £   
Cost 1,187,000 1,155,500
Aggregate depreciation 456,245 617,270

Plant and machinery were valued on an open market basis on 31 May 2024 by the directors .

Central Screen & Crushing
Services Limited (Registered number: 04460441)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST OR VALUATION
At 1 June 2023 390,000
Disposals (295,000 )
Revaluations 90,000
Transfer to ownership (185,000 )
At 31 May 2024 -
DEPRECIATION
At 1 June 2023 140,400
Charge for year 23,680
Eliminated on disposal (73,800 )
Transfer to ownership (90,280 )
At 31 May 2024 -
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 249,600

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade debtors 231,033 387,847
Other debtors 29,234 26,619
260,267 414,466

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Bank loans and overdrafts 10,255 10,000
Hire purchase contracts (see note 8) - 49,210
Trade creditors 195,981 362,410
Amounts owed to group undertakings 43,393 -
Taxation and social security 11,776 20,481
Other creditors 293,900 441,290
555,305 883,391

Central Screen & Crushing
Services Limited (Registered number: 04460441)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/5/24 31/5/23
£    £   
Bank loans 10,510 20,765
Other creditors 255,739 182,154
266,249 202,919

The bank loan is part of the bounce back loan scheme and is guaranteed by the UK Government.

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31/5/24 31/5/23
£    £   
Net obligations repayable:
Within one year - 49,210

Non-cancellable operating leases
31/5/24 31/5/23
£    £   
Within one year 73,000 73,000
Between one and five years 73,000 155,125
146,000 228,125

9. SECURED DEBTS

The following secured debts are included within creditors:

31/5/24 31/5/23
£    £   
Factor creditor 101,389 143,660
Other loans 428,454 395,843
529,843 539,503

The bank loan is unsecured, but guaranteed by the UK government under the Bounce Back Loan Scheme.

Central Screen & Crushing
Services Limited (Registered number: 04460441)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


10. RESERVES
Revaluation
reserve
£   
At 1 June 2023 67,063
Revaluation of assets (58,150 )
Tax effect of revalued assets 14,538

At 31 May 2024 23,451

11. RELATED PARTY DISCLOSURES

Brown Clark Group Pension Fund
(Pension fund)

The company made loan repayments of £290,863 (2023 - £203,428) to the Brown Clark Group Pension Fund and borrowed a further £230,000. Interest of 1% is charged per month on the loans. At the balance sheet date the amount due to Brown Clark Group Pension Fund was £428,455 (2023 - £395,835).

Summary of transactions with other related parties

Indi-Pendent Plant Sales Limited
(A company in which the directors have a material interest)

During the year sales totalling £220,758 (2023 - £260,422) were made to the company and purchases totalling £291,600 (2023 - £288,113). At the balance sheet date the amount due from Indi-Pendent Plant Sales Limited was £705 (2023 due to - £38,756).