Company Registration No. 11020762 (England and Wales)
CENTURO GLOBAL LIMITED
Unaudited accounts
for the period from 1 November 2023 to 31 December 2024
CENTURO GLOBAL LIMITED
Unaudited accounts
Contents
CENTURO GLOBAL LIMITED
Company Information
for the period from 1 November 2023 to 31 December 2024
Directors
Z Ali
A D Watts
A Bashir
Company Number
11020762 (England and Wales)
Registered Office
30 Churchill Place
London
E14 5RE
United Kingdom
Accountants
Liberate Accountants Ltd
60, St Martins Lane
Covent Garden
London
WC2N 4JS
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
CENTURO GLOBAL LIMITED
for the period from 1 November 2023 to 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
CENTURO GLOBAL LIMITED for the period from
1 November 2023 to
31 December 2024 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Liberate Accountants Ltd
Chartered Certified Accountants
60, St Martins Lane
Covent Garden
London
WC2N 4JS
30 September 2025
CENTURO GLOBAL LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
7,879
15,369
Cash at bank and in hand
663,277
2,197,624
Creditors: amounts falling due within one year
(472,564)
(330,777)
Net current assets
786,444
2,255,527
Total assets less current liabilities
794,323
2,270,896
Creditors: amounts falling due after more than one year
-
(8,031)
Net assets
794,323
2,262,865
Called up share capital
190
190
Share premium
3,832,585
3,832,585
Profit and loss account
(3,038,452)
(1,569,910)
Shareholders' funds
794,323
2,262,865
For the period 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 30 September 2025 and were signed on its behalf by
Z Ali
Director
Company Registration No. 11020762
CENTURO GLOBAL LIMITED
Notes to the Accounts
for the period from 1 November 2023 to 31 December 2024
CENTURO GLOBAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11020762. The registered office is 30 Churchill Place, London, E14 5RE, United Kingdom.
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 period, 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.
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.
Expenditure on research and development is written off in the year in which it is incurred.
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% Straight line
Computer equipment
25% Straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
CENTURO GLOBAL LIMITED
Notes to the Accounts
for the period from 1 November 2023 to 31 December 2024
The directors have not identified any material uncertainties that may cast significant doubt on the company’s ability to continue as a going concern. Therefore the financial statements have been prepared on a going concern basis which assumes the Company will continue in operational existence for the foreseeable future.The directors have considered the company’s financial position, current forecast and available resources and are satisfied that the company is able to meet financial obligations as they fall due.
During the year, the directors identified that certain disbursement costs relating to the year ended 31 October 2023 had not been recognised correctly. The correction of this error has been reflected in the current year’s financial statements, resulting in an additional charge to cost of sales of £27,185.
Comparative figures have not been restated as the directors consider the effect on the prior year’s financial statements to be immaterial.
4
Intangible fixed assets
Other
At 31 December 2024
21,300
At 31 December 2024
21,300
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
2,202
29,305
31,507
At 31 December 2024
2,544
31,192
33,736
At 1 November 2023
1,417
14,721
16,138
Charge for the period
735
8,984
9,719
At 31 December 2024
2,152
23,705
25,857
At 31 December 2024
392
7,487
7,879
At 31 October 2023
785
14,584
15,369
CENTURO GLOBAL LIMITED
Notes to the Accounts
for the period from 1 November 2023 to 31 December 2024
Amounts falling due within one year
Trade debtors
363,845
345,179
Accrued income and prepayments
42,782
29,398
Other debtors
189,104
14,103
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,500
5,302
Trade creditors
108,422
154,721
Taxes and social security
105,040
110,362
Loans from directors
2,604
(14,902)
Deferred income
40,567
28,444
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1,902,806 Ordinary shares of £0.0001 each
190.28
190.28
10
Post balance sheet events
Since the balance sheet date, on 14 March 2025, W J Flind resigned as Chairman.
11
Average number of employees
During the period the average number of employees was 26 (2023: 15).