1 June 2023 false No description of principal activity Taxfiler 2024.6 08671209business:PrivateLimitedCompanyLtd2023-06-012024-05-29 086712092023-05-31 086712092023-06-012024-05-29 08671209business:AuditExemptWithAccountantsReport2023-06-012024-05-29 08671209business:FilletedAccounts2023-06-012024-05-29 086712092024-05-29 08671209business:Director12023-06-012024-05-29 08671209business:CompanySecretary12023-06-012024-05-29 08671209business:RegisteredOffice2023-06-012024-05-29 08671209core:WithinOneYear2024-05-29 08671209core:AfterOneYear2024-05-29 08671209core:ShareCapitalcore:PreviouslyStatedAmount2024-05-29 08671209core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-29 08671209core:PreviouslyStatedAmount2024-05-29 08671209business:SmallEntities2023-06-012024-05-29 08671209countries:EnglandWales2023-06-012024-05-29 08671209core:PlantMachinery2023-06-012024-05-29 08671209core:MotorVehicles2023-06-012024-05-29 08671209core:Goodwill2023-05-31 08671209core:Goodwill2024-05-29 08671209core:PlantMachinery2023-05-31 08671209core:MotorVehicles2023-05-31 08671209core:ComputerEquipment2023-05-31 08671209core:ComputerEquipment2023-06-012024-05-29 08671209core:PlantMachinery2024-05-29 08671209core:MotorVehicles2024-05-29 08671209core:ComputerEquipment2024-05-29 08671209business:OrdinaryShareClass12023-06-012024-05-29 08671209business:Director112023-06-012024-05-29 08671209business:Director112023-05-31 08671209business:Director112024-05-29 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08671209 (England and Wales)
Celtic Trading (cornwall) Limited Unaudited accounts for the period from 1 June 2023 to 29 May 2024
Celtic Trading (cornwall) Limited Unaudited accounts Contents
Page
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Celtic Trading (cornwall) Limited Company Information for the period from 1 June 2023 to 29 May 2024
Director
D A Smith
Secretary
S Smith
Company Number
08671209 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Celtic Trading (cornwall) Limited Statement of financial position as at 29 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
58,471 
Current assets
Inventories
32,651 
Debtors
34,724 
67,375 
Creditors: amounts falling due within one year
(172,223)
Net current liabilities
(104,848)
Total assets less current liabilities
(46,377)
Creditors: amounts falling due after more than one year
(34,236)
Net liabilities
(80,613)
Capital and reserves
Called up share capital
120 
Profit and loss account
(80,733)
Shareholders' funds
(80,613)
For the period ending 29 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 April 2025 and were signed on its behalf by
D A Smith Director Company Registration No. 08671209
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Celtic Trading (cornwall) Limited Notes to the Accounts for the period from 1 June 2023 to 29 May 2024
1
Statutory information
Celtic Trading (cornwall) Limited is a private company, limited by shares, registered in England and Wales, registration number 08671209. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2023
1,000 
At 29 May 2024
1,000 
Amortisation
At 1 June 2023
1,000 
At 29 May 2024
1,000 
Net book value
At 29 May 2024
- 
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Celtic Trading (cornwall) Limited Notes to the Accounts for the period from 1 June 2023 to 29 May 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
1,713 
10,500 
- 
12,213 
Additions
- 
- 
56,464 
56,464 
At 29 May 2024
1,713 
10,500 
56,464 
68,677 
Depreciation
At 1 June 2023
1,178 
7,532 
- 
8,710 
Charge for the period
134 
742 
620 
1,496 
At 29 May 2024
1,312 
8,274 
620 
10,206 
Net book value
At 29 May 2024
401 
2,226 
55,844 
58,471 
6
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
17,207 
Other debtors
17,517 
34,724 
7
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
73,200 
VAT
3,255 
Trade creditors
11,380 
Taxes and social security
18,696 
Other creditors
12,033 
Loans from directors
52,493 
Accruals
1,166 
172,223 
8
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
34,236 
9
Share capital
2024 
£ 
Allotted, called up and fully paid:
120 Ordinary shares of £1 each
120 
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Celtic Trading (cornwall) Limited Notes to the Accounts for the period from 1 June 2023 to 29 May 2024
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
D A Smith
Director's Loan Account
(35,506)
(18,788)
(1,801)
(52,493)
(35,506)
(18,788)
(1,801)
(52,493)
11
Average number of employees
During the period the average number of employees was 1.
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