Centaur Property Group Limited - Limited company accounts 24.3

REGISTERED NUMBER: 03305419 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Centaur Property Group Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

A G Fernback

REGISTERED OFFICE:

The Beechwood Centre

40 Lower Gravel Road

Bromley

Kent

BR2 8GP

REGISTERED NUMBER:

03305419 (England and Wales)

The director presents his report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of acting as a management holding company.

DIRECTOR

A G Fernback held office during the whole of the period from 1 January 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

A G Fernback - Director

19 September 2025

TURNOVER

1,540,534

1,464,189

Cost of sales

279,227

160,346

GROSS PROFIT

1,261,307

1,303,843

Administrative expenses

1,742,989

1,556,753

OPERATING LOSS

4

(481,682

)

(252,910

)

Interest receivable and similar income

63,071

66,016

(418,611

)

(186,894

)

Interest payable and similar expenses

280,412

284,843

LOSS BEFORE TAXATION

(699,023

)

(471,737

)

Tax on loss

-

LOSS FOR THE FINANCIAL YEAR

(699,023

)

(471,737

)

FIXED ASSETS

Tangible assets

5

419,688

118,709

Investments

6

1,771,816

2,191,504

1,890,525

CURRENT ASSETS

Debtors

7

8,343,776

6,377,999

Cash at bank and in hand

916,444

2,049,033

9,260,220

8,427,032

CREDITORS

Amounts falling due within one year

8

12,515,018

10,692,828

NET CURRENT LIABILITIES

(3,254,798

)

(2,265,796

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,063,294

)

(375,271

)

CAPITAL AND RESERVES

Called up share capital

250

Share premium

1,059,965

Other reserves

628,814

Retained earnings

(2,752,323

)

(2,064,300

)

SHAREHOLDERS' FUNDS

(1,063,294

)

(375,271

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 19 September 2025 and were signed by:

A G Fernback - Director

1.	STATUTORY INFORMATION

Centaur Property Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 26 (2023 - 25 ) .

4.	OPERATING LOSS

The operating loss is stated after charging:

31.12.24

31.12.23

£

Depreciation - owned assets

18,001

21,023

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

126,397

297,686

424,083

Additions

-

318,980

At 31 December 2024

126,397

616,666

743,063

DEPRECIATION

At 1 January 2024

126,397

178,977

305,374

Charge for year

-

18,001

At 31 December 2024

126,397

196,978

323,375

NET BOOK VALUE

At 31 December 2024

-

419,688

At 31 December 2023

-

118,709

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

1,771,816

NET BOOK VALUE

At 31 December 2024

1,771,816

At 31 December 2023

1,771,816

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

3,960,182

103,460

Other debtors

4,383,594

6,274,539

8,343,776

6,377,999

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

126,451

64,769

Taxation and social security

421,524

21,245

Other creditors

11,967,043

10,606,814

12,515,018

10,692,828

9.	RELATED PARTY DISCLOSURES

At the year end the company was owed/(owing) the following amounts, to/from other group entities

2023

2024

Centaur Property Estates Ltd

(410,796.99

)

(1,023,482.20

)

Alpenmile Properties Ltd

(716,360.07

)

(1,061,515.71

)

Centaur Property Investments Ltd

(3,054,670.04

)

(2,196,792.70

)

Centaur Residential Properties Ltd

1,894,944.25

Spedho Ltd

(279,781.57

)

(333,576.57

)

Temvale Ltd

2,655.00

94,682.71

Rusjon (UK) Ltd

(360,000.00

)

(386,460.48

)

Centaur Property Company Ltd

(18,542.64

)

(17,542.64

)

Kingsway Furniture London Ltd

(1,511,351.76

)

(1,389,121.91

)

Big Padlock Group Ltd

386,907.50

387,407.50

Barclay Property Trading LLP

(466,808.79

)

(427,808.79

)

Centaur Property Trading LLP

43,850.00

Champion Properties LLP

(526,819.99

)

(480,819.99

)

Wentworth Trading LLP

(22,969.90

)

(22,969.90

)

Knowlwood Trading LLP

258,157.07

276,157.07

Fernback Pension Scheme

(2,795,537.39

)

(2,795,537.39

)

Pension Scheme Interest

(545,466.78

)

(772,472.83

)

Dovey Group Ltd

(360,000.00

)

(360,000.00

)

Paul Fernback SIPP

(7,772.32

)

(7,772.32

)

Funsize Trading Ltd

100.00

Barclay Estates Ltd

54,690.93

22,911.93

Barclay Commercial Investments Ltd

87,972.03

Barclay Commercial Estates Ltd

22,575.02

(34,324.98

)

Blue Marlin Ltd

(101,435.68

)

(41,636.22

)

Big Padlock Ayr Ltd

10,579.46

10,024.84

Big Padlock (UK) Ltd

67,940.82

388,495.44

Big Padlock (Self-Storage) Ltd

235.14

Barclay Property Centre Ltd

100,050.00

312,857.66

Prestige Home Solutions Ltd

150.00

Centaur Financing Ltd

1,290,417.61

314,238.22