Company registration number 06464456 (England and Wales)
Central Platform Services Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 January 2025
PAGES FOR FILING WITH REGISTRAR
Central Platform Services Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
Central Platform Services Ltd
Statement Of Financial Position
as at 31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
864,482
680,885
Current assets
Stocks
299,019
283,366
Debtors
351,639
405,849
Cash at bank and in hand
652,346
601,433
1,303,004
1,290,648
Creditors: amounts falling due within one year
(442,492)
(505,779)
Net current assets
860,512
784,869
Total assets less current liabilities
1,724,994
1,465,754
Creditors: amounts falling due after more than one year
(114,625)
(85,260)
Provisions for liabilities
(208,051)
(123,033)
Net assets
1,402,318
1,257,461
Capital and reserves
Called up share capital
20
20
Profit and loss reserves
1,402,298
1,257,441
Total equity
1,402,318
1,257,461
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
Central Platform Services Ltd
Statement Of Financial Position (continued)
as at 31 January 2025
- 2 -
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 11 July 2025 and are signed on its behalf by:
J Burton
Director
Company Registration No. 06464456
Central Platform Services Ltd
Notes to the Financial Statements
for the year ended 31 January 2025
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Tangible fixed assets
Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and machinery
15% reducing balance
Fixtures, fittings & equipment
15% reducing balance
Motor vehicles
25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Taxation
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end 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 represent accumulated differences between the company's taxable profit and its financial profit arise primarily from the differences between the accelerated capital allowances and depreciation.
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Central Platform Services Ltd
Notes to the Financial Statements (continued)
for the year ended 31 January 2025
1
Accounting policies
(continued)
- 4 -
Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
14
16
3
Tangible fixed assets
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 February 2024
621,679
212,238
161,333
995,250
Additions
344,108
2,786
67,183
414,077
Disposals
(100,244)
(1,054)
(101,298)
At 31 January 2025
865,543
213,970
228,516
1,308,029
Depreciation and impairment
At 1 February 2024
197,659
67,069
49,637
314,365
Depreciation charged in the year
81,576
21,956
38,472
142,004
Eliminated in respect of disposals
(12,395)
(427)
(12,822)
At 31 January 2025
266,840
88,598
88,109
443,547
Carrying amount
At 31 January 2025
598,703
125,372
140,407
864,482
At 31 January 2024
424,020
145,169
111,696
680,885
Included in net book value of £864,482 is £200,549 (2024: £58,795) relating to assets held under hire purchase agreements. The depreciation charged to the financial statements in the year in respect of such assets amount to £34,629 (2024: £16,217).
4
Company information
Central Platform Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 6 Data Drive, South Kirkby Business Park, Pontefract, West Yorkshire, United Kingdom, WF9 3FD.