Company Registration No. 10297898 (England and Wales)
Central 23 Limited
Unaudited accounts
for the year ended 31 December 2024
Central 23 Limited
Unaudited accounts
Contents
Central 23 Limited
Company Information
for the year ended 31 December 2024
Directors
A M K Ereira
M Ereira
L T Shelley
M E Shelley
Company Number
10297898 (England and Wales)
Registered Office
30 Brewer Street
London
W1F 0SS
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Central 23 Limited
Statement of financial position
as at 31 December 2024
Tangible assets
58,121
11,152
Inventories
504,832
418,917
Cash at bank and in hand
378,636
524,624
Creditors: amounts falling due within one year
(946,284)
(608,011)
Net current assets
1,810,789
1,170,947
Net assets
1,868,910
1,182,099
Called up share capital
100
100
Capital contribution reserve
2
2
Profit and loss account
1,868,808
1,181,997
Shareholders' funds
1,868,910
1,182,099
For the year ending 31 December 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 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 10 September 2025 and were signed on its behalf by
M Ereira
Director
Company Registration No. 10297898
Central 23 Limited
Notes to the Accounts
for the year ended 31 December 2024
Central 23 Limited is a private company, limited by shares, registered in England and Wales, registration number 10297898. The registered office is 30 Brewer Street, London, W1F 0SS.
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:
Plant & machinery
25% on reducing value
Fixtures & fittings
25% on reducing value
Computer equipment
33.33% on reducing value
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Central 23 Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
3,147
5,422
33,889
42,458
Additions
23,874
36,668
231
60,773
At 31 December 2024
27,021
42,090
34,120
103,231
At 1 January 2024
3,147
5,422
22,737
31,306
Charge for the year
3,530
6,487
3,787
13,804
At 31 December 2024
6,677
11,909
26,524
45,110
At 31 December 2024
20,344
30,181
7,596
58,121
At 31 December 2023
-
-
11,152
11,152
Finished goods
504,832
418,917
Amounts falling due within one year
Trade debtors
361,271
311,404
Accrued income and prepayments
151
11,691
Other debtors
1,419,890
512,322
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
286,842
91,305
Taxes and social security
320,377
286,346
Other creditors
79,193
45,369
Loans from directors
259,872
124,932
8
Average number of employees
During the year the average number of employees was 8 (2023: 6).