REGISTERED NUMBER: 12947887 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2023 to 31 December 2024

for

Cellerate Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr R P Fields

A J Bento

M Greaves

REGISTERED OFFICE:

Apartment 1702

Jefferson Place 1 Fernie Street

Manchester

Greater Manchester

M4 4BT

REGISTERED NUMBER:

12947887 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Tangible assets

4

177,005

193,680

CURRENT ASSETS

Stocks

200,000

-

Debtors

5

130,486

409,959

Cash at bank

111,470

61,555

441,956

471,514

CREDITORS

Amounts falling due within one year

6

207,868

407,256

NET CURRENT ASSETS

234,088

64,258

TOTAL ASSETS LESS CURRENT LIABILITIES

411,093

257,938

CREDITORS

Amounts falling due after more than one year

7

71,670

80,000

NET ASSETS

339,423

177,938

CAPITAL AND RESERVES

Called up share capital

14

14

Retained earnings

339,409

177,924

SHAREHOLDERS' FUNDS

339,423

177,938

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

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

The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

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:

Dr R P Fields - Director

1.	STATUTORY INFORMATION

Cellerate 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.

The financial statements are presented in sterling, which is the functional currency of the company, rounded to the nearest £1.

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.

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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 period 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 period was 10 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2023

88,943

153,896

242,839

Additions

17,497

7,064

24,561

At 31 December 2024

106,440

160,960

267,400

DEPRECIATION

At 1 November 2023

8,894

40,265

49,159

Charge for period

11,819

29,417

41,236

At 31 December 2024

20,713

69,682

90,395

NET BOOK VALUE

At 31 December 2024

85,727

91,278

177,005

At 31 October 2023

80,049

113,631

193,680

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.10.23

£

£

Trade debtors

108,107

370,496

Other debtors

22,379

39,463

130,486

409,959

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.10.23

£

£

Bank loans and overdrafts

2,976

3,070

Hire purchase contracts

31,782

71,375

Trade creditors

22,414

4,658

Taxation and social security

15,795

13,720

Other creditors

134,901

314,433

207,868

407,256

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.10.23

£

£

Hire purchase contracts

7,811

-

Other creditors

63,859

80,000

71,670

80,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.10.23

£

£

Hire purchase contracts

39,593

-