CHARLES CANTRILL LIMITED

Company Registration Number:
00715748 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

CHARLES CANTRILL LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

CHARLES CANTRILL LIMITED

Balance sheet

As at 31 August 2024


Notes
2024
2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 4,541 5,917
Total fixed assets: 4,542 5,918
Current assets
Stocks: 170,116 152,855
Debtors:   120,772 107,540
Cash at bank and in hand: 96,616 115,434
Total current assets: 387,504 375,829
Creditors: amounts falling due within one year:   (168,176) (168,910)
Net current assets (liabilities): 219,328 206,919
Total assets less current liabilities: 223,870 212,837
Provision for liabilities: (1,544) (1,544)
Total net assets (liabilities): 222,326 211,293
Capital and reserves
Called up share capital: 356 356
Other reserves: 6,754 6,754
Profit and loss account: 215,216 204,183
Shareholders funds: 222,326 211,293

The notes form part of these financial statements

CHARLES CANTRILL LIMITED

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 April 2025
and signed on behalf of the board by:

Name: J Billington
Status: Director

The notes form part of these financial statements

CHARLES CANTRILL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter. The rates utilised were as follows: Short leasehold property - over the term of the lease Plant and Machinery - 15% reducing balance Fixtures and Fittings - 20% reducing balance

Intangible fixed assets and amortisation policy

Goodwill assets are initially measured at cost, After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. The goodwill owned by the company has been fully written down to £1.

Valuation and information policy

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

Other accounting policies

Taxation Taxation for the year comprises current taxation. Tax is recognised in the Profit and Loss account, except to the extent that it relates to items recognised on other comprehensive income or directly in equity. Current or deferred taxation assets ad liabilities are not discounted. Current tax 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 Taxation 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 this 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 balance sheet date 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. Retirement Benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.

CHARLES CANTRILL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 6 6

CHARLES CANTRILL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Intangible Assets

Total
Cost £
At 01 September 2023 13,250
At 31 August 2024 13,250
Amortisation
At 01 September 2023 13,249
At 31 August 2024 13,249
Net book value
At 31 August 2024 1
At 31 August 2023 1

CHARLES CANTRILL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 138,779
At 31 August 2024 138,779
Depreciation
At 01 September 2023 132,862
Charge for year 1,376
At 31 August 2024 134,238
Net book value
At 31 August 2024 4,541
At 31 August 2023 5,917

CHARLES CANTRILL LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Loans to directors

Name of director receiving advance or credit: J Billington
Description of the loan: A short term loan was made to the director during the year. The loan is interest free and repayable on demand. The loan was repaid subsequent to the balance sheet date.
£
Balance at 01 September 2023 0
Advances or credits made: 17,000
Advances or credits repaid: 3,917
Balance at 31 August 2024 13,083