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
Celtic Trading (cornwall) Limited
Company Information
for the period from 1 June 2023 to 29 May 2024
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
Celtic Trading (cornwall) Limited
Statement of financial position
as at 29 May 2024
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)
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
Celtic Trading (cornwall) Limited
Notes to the Accounts
for the period from 1 June 2023 to 29 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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
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
At 29 May 2024
401
2,226
55,844
58,471
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
73,200
Taxes and social security
18,696
Loans from directors
52,493
8
Creditors: amounts falling due after more than one year
2024
Allotted, called up and fully paid:
120 Ordinary shares of £1 each
120
Celtic Trading (cornwall) Limited
Notes to the Accounts
for the period from 1 June 2023 to 29 May 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan Account
(35,506)
(18,788)
(1,801)
(52,493)
(35,506)
(18,788)
(1,801)
(52,493)
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Average number of employees
During the period the average number of employees was 1.