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REGISTERED NUMBER: 14767039 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CENTRAL PRECISION ENGINEERING LIMITED

CENTRAL PRECISION ENGINEERING LIMITED (REGISTERED NUMBER: 14767039)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


CENTRAL PRECISION ENGINEERING LIMITED (REGISTERED NUMBER: 14767039)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 250,056 177,500

CURRENT ASSETS
Debtors 5 17,668 535
Cash at bank 26,374 2,286
44,042 2,821
CREDITORS
Amounts falling due within one year 6 70,676 53,407
NET CURRENT LIABILITIES (26,634 ) (50,586 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

223,422

126,914

CREDITORS
Amounts falling due after more than one
year

7

162,450

115,500
NET ASSETS 60,972 11,414

CAPITAL AND RESERVES
Called up share capital 8 3 3
Retained earnings 60,969 11,411
SHAREHOLDERS' FUNDS 60,972 11,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 PRECISION ENGINEERING LIMITED (REGISTERED NUMBER: 14767039)

BALANCE SHEET - continued
31 MARCH 2025


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 18 June 2025 and were signed on its behalf by:




P A Blakeley - Director M F Poole - Director




S M Poole - Director


CENTRAL PRECISION ENGINEERING LIMITED (REGISTERED NUMBER: 14767039)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Central Precision Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14767039

Registered office: Unit 6-7 New Brook Business Park
Weighbridge Road
Shirebrook
Mansfield
Nottinghamshire
NG20 8GB

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
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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

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.

CENTRAL PRECISION ENGINEERING LIMITED (REGISTERED NUMBER: 14767039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued

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 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 177,500 - 177,500
Additions - 96,741 96,741
At 31 March 2025 177,500 96,741 274,241
DEPRECIATION
Charge for year - 24,185 24,185
At 31 March 2025 - 24,185 24,185
NET BOOK VALUE
At 31 March 2025 177,500 72,556 250,056
At 31 March 2024 177,500 - 177,500

CENTRAL PRECISION ENGINEERING LIMITED (REGISTERED NUMBER: 14767039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 67,293
At 31 March 2025 67,293
DEPRECIATION
Charge for year 16,823
At 31 March 2025 16,823
NET BOOK VALUE
At 31 March 2025 50,470

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 6,493 -
Other debtors 11,175 535
17,668 535

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 12,000 12,000
Hire purchase contracts 10,271 -
Trade creditors 9,403 -
Taxation and social security - 2,677
Other creditors 39,002 38,730
70,676 53,407

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 112,975 115,500
Hire purchase contracts 49,475 -
162,450 115,500

CENTRAL PRECISION ENGINEERING LIMITED (REGISTERED NUMBER: 14767039)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
3 Ordinary Shares 1 3 3