Company Registration No. SC656552 (Scotland)
CEN Argo Ltd
Unaudited accounts
for the year ended 28 February 2025
CEN Argo Ltd
Unaudited accounts
Contents
CEN Argo Ltd
Company Information
for the year ended 28 February 2025
Directors
John Innes Argo
Kirsteen Ann Argo
Company Number
SC656552 (Scotland)
Registered Office
7 ORCHARD BRAE
ABERFELDY
PERTH AND KINROSS
PH15 2BF
SCOTLAND
Accountants
Oak Team Associates Limited
Clyde Offices
48 West George Street
Glasgow
G2 1BP
CEN Argo Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
57,279
61,373
Cash at bank and in hand
77,792
71,589
Creditors: amounts falling due within one year
(74,573)
(55,993)
Net current assets
209,486
142,890
Total assets less current liabilities
266,765
204,263
Creditors: amounts falling due after more than one year
(78,925)
(42,035)
Net assets
187,840
162,228
Called up share capital
100
100
Profit and loss account
187,740
162,128
Shareholders' funds
187,840
162,228
For the year ending 28 February 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by
John Innes Argo
Director
Company Registration No. SC656552
CEN Argo Ltd
Notes to the Accounts
for the year ended 28 February 2025
CEN Argo Ltd is a private company, limited by shares, registered in Scotland, registration number SC656552. The registered office is 7 ORCHARD BRAE, ABERFELDY, PERTH AND KINROSS, PH15 2BF, SCOTLAND.
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 year, 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.
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:
Motor vehicles
20% on a straight line basis
Fixtures & fittings
20% on a straight line basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2024
67,875
45,520
113,395
At 28 February 2025
67,875
68,751
136,626
At 1 March 2024
28,150
23,872
52,022
Charge for the year
13,575
13,750
27,325
At 28 February 2025
41,725
37,622
79,347
At 28 February 2025
26,150
31,129
57,279
At 29 February 2024
39,725
21,648
61,373
CEN Argo Ltd
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
145,567
120,000
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Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
8,067
8,067
Trade creditors
13,598
9,760
Taxes and social security
31,936
16,128
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
33,968
42,035
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Average number of employees
During the year the average number of employees was 24 (2024: 24).